VC firm Ring Capital has announced the launch of Ring Africa, its impact investment vehicle for French-speaking West Africa, which aims to support young start-ups with a strong social and environmental impact, and has a target of EUR50 million (US$55 million). Ring Capital finances and supports entrepreneurs offering solutions to key social and environmental challenges through three investment vehicles and a philanthropic fund. Following the launch of its impact seed fund, GENERATIONS, in 2023, Ring Capital has now launched Ring Africa, an impact investment fund aimed at startups in Francophone West Africa. Ring Africa will specifically support the new generation of entrepreneurs and the feminisation of entrepreneurship. Being an impact investor means giving a chance to environmental and social solutions and financing a new generation of entrepreneurs.
