Siren International Women Empowerment Fund for Africa
A new initiative that will boost gender based financing in Africa. The SIWEFA will be a pan-African and global Private Equity/Venture Capital and Private Debt multi-sectoral fund starting with a budget of 300 Million USD in committed capital from Black Lion's own funds and additional capital from other institutional and individual investors.
The SIWEFA will be head-quartered in Oslo, Norway and Mauritius, with its African Satellites located in Cairo(Egypt), Nairobi (Kenya), Lomé (Togo), Johannesburg (South Africa) and Kinshasa(DR Congo) but will operate across the entire continent of Africa and the Middle-East for its first phase. SIWEFA will invest and finance women-owned or women managed SMEs, Innovative High Impact Start-up Projects in all 55 African Nations with the aim to provide easier, more flexible and more equal access to financial and investment products to millions of African and Arab Women.
By Q4 2023, SIWEFA plans to invest in excess of 1 Billion USD in Women owned or Women led Businesses in the region.