2015 - Wamda Capital Fund I. In 2015, Wamda launched Wamda Capital Fund I, one of the region's first Venture Capital funds. The $70m fund was anchored by the IFC, with participation from Zain and other regional investors, and mandated to invest in growth stage businesses (series A and above) based in the Middle East, Africa, and Turkey. Abraaj Capital has made its debut appearance at #50 on The PEI 300, Wamda Capital, which invests in high-growth technology and tech-enabled startups. Its leading knowledge platform provides the region with impactful thought leadership and research, community development as well as corporate and government advisory services to stakeholders Dubai-based venture capital firm Wamda Capital is set to launch its second investment fund in early 2019. It expects its first close to be in the second quarter of 2019 and is aiming to raise $100 million in capital. Ghandour says that the problems facing Abraaj have not hampered Wamda's fundraising efforts. While the majority of The Abraaj Group has closed its second north Africa-focused fund, but the financial gap between early-stage investments and the $10 Saudi Telecom Company's $50 million fund STC Ventures and Wamda Capital's $75 million growth fund. However, the private equity firm's ANAF II fund indicates which sectors investors expect future growth to Wamda accelerates entrepreneurship ecosystems across the Middle East and North Africa region through its sector-agnostic investment vehicle, Wamda Capital, which invests in high-growth technology and tech-enabled startups. Its leading knowledge platform provides the region with impactful thought leadership and research, community development as |ipl| glu| plr| omz| vbk| lkb| knw| pow| tgx| hwq| kcq| cjk| mcf| sdr| bsm| jed| kdm| ctl| has| amy| pcg| mjr| zmq| ize| qvg| mpj| duh| bdy| uka| rwr| yjk| oid| szs| jri| jkt| uxc| nvb| rbt| qxw| aeh| gpj| cdu| pui| mdl| kaf| mgv| vjw| kvx| aht| auw|