How can African SME funds mobilise more capital?

This report contributes to the learning agenda on improving access to finance for African SMEs, by highlighting solutions for SME funds to mobilise more capital. Pioneering practitioners and industry organisations, such as African Venture Capital Association (AVCA), Collaborative for Frontier Finance (CFF), Convergence, Dalberg, Dutch Good Growth Fund (DGGF), and Omidyar Network, among others, have done considerable work to segment SMEs and the funds that invest in them, document the challenges they face, and highlight the case for a more robust funding ecosystem.