4G Capital, a leading provider of tailored financial solutions to MSMEs in Africa, has announced the successful launch of a Kenya Shilling 500 million debt programme.
This milestone was achieved through Dry Associates Investment Bank, who served as the Arranger and Placement Agent for this facility. The funding round is expected to be fully subscribed, reflecting the strong investor confidence in the fintech’s’s mission and business model.
4G Capital provides essential financial services to micro, small, and medium-sized enterprises (MSMEs). This latest funding round will enable 4G Capital to expand its operations, enhance its product offerings, and support more entrepreneurs in unlocking their full potential.
The Notes Issuance presents investors with a unique chance to participate in one of the world’s fastest-growing business sectors.
“Raising KES 500 million marks a pivotal moment for 4G Capital,” said Wayne Hennessy-Barrett, CEO and Founder of 4G Capital. “We are delighted with the response from the investor community and are committed to driving financial inclusion and business growth across the continent. This capital injection will allow us to scale our services and reach even more underserved businesses, fostering sustainable economic development.”
Dry Associates Investment Bank, a premier investment bank in Kenya, played a crucial role in orchestrating this successful raise. Their expertise and strategic approach were instrumental in attracting high-quality investors and ensuring a smooth and efficient fundraising process.
“We are proud to have partnered with 4G Capital in this successful capital raise,” said James Dry, Managing Director of Dry Associates Investment Bank. “The high level of interest from investors is a testament to 4G Capital’s strong market position and the exciting growth prospects of the MSME sector in Africa. We look forward to continuing our support for 4G Capital as they expand their impact on smaller businesses.”
The offer is a private issuance and restricted to certain qualified investors who will join this exciting journey and be part of a transformative venture that not only promises attractive returns but also contributes to the economic empowerment of Africa’s next generation of entrepreneurs.
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