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The Nexus
BUSINESSMay 27 · 13:28 UTCSEMAFORAlexander Onukwue

$100M philanthropy-backed fund launched to support manufacturers

A $100 million philanthropy-backed fund, the Africa Jobs Fund, was launched to invest in African manufacturing companies over five years. Founded by Daniel Yu, former CEO of Wasoko, the fund is supported by Renaissance Philanthropy and advised by Samantha Power and Iyinoluwa Aboyeji, focusing on job creation through agri-processing value chains.

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Daniel YupersonAfrica Jobs FundorganizationWasokoorganizationRenaissance PhilanthropyorganizationSamantha PowerpersonIyinoluwa Aboyejipersonagri-processingtopic
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