Pan-African asset manager Enko Capital announced on Monday, October 20, 2025, having raised $100 million during the first round table of its private impact credit fund intended to support the economic growth and job creation in Africa. It's a fund unlisted investments that lend money directly to businesses, instead of buying existing shares or bonds on financial markets.

This first round attracted several investors. leading institutions, including British International Investment (BII), the International Finance Corporation (IFC), the SICOM Global Fund, as well as various asset managers, African pension funds and family offices.

The fund aims to provide private loans denominated in US dollars to medium-sized businesses in Africa sub-Saharan, giving priority to companies that are already well established and generate stable earnings. The targeted sectors cover essential areas and resilient such as agriculture, telecommunications, manufacturing, renewable energies and financial services.

For Alain Nkontchou, Managing Partner of Enko Capital, this first close illustrates the growing confidence of investors in the potential of private credit in Africa: “The success of the first closing of the Enko's flagship private credit strategy highlights the growing confidence of investors in the sustainable development of Africa through credit private,” he said.

For her part, Leslie Maasdorp, CEO of BII, believes that this partnership will contribute to the structure of a genuine African market private credit: “Our commitment to the Enko Impact Credit Fund reflects BII's belief in the commercial potential of private credit in Africa and its role in reducing the financing gap for medium-sized businesses. By anchoring the first closing of the fund, our The aim is to send a strong signal to other investors and to contribute to the construction of a viable private credit market.”

Mohamed Gouled, IFC Vice President for Industry, underlines the importance of this support for the inclusive growth of continent: “It is essential to expand access to finance for medium-sized businesses in order to accelerate inclusive growth by Africa. IFC's support for the Enko Impact Credit Fund demonstrates our commitment to provide flexible and long-term funding to stimulate growth and job creation.”