Sanari Capital 80 Million To Scale African Tech Businesses
Sanari Capital, a Johannesburg based private equity firm founded by Samantha Pokroy, has successfully raised 80 million for the final close of its Sanari 3S Growth Fund, aimed at fueling mid-market businesses across Africa.
The fund focuses on businesses that capitalize on technology, innovation, and emerging sector trends, positioning itself as a key player in the continent's economic growth.
Empowering innovation and economic growth across AfricaThis milestone reflects strong confidence in our investment strategy, Pokroy said. With four investments already concluded and a robust pipeline aligned with our thematic focus, this capital empowers us to accelerate our execution. We are confident in delivering both transformative impacts on the ground and strong financial returns for our investors.
The firms leadership underscored the potential of African businesses to compete on a global stage. We are inspired by the innovative technologies emerging from South Africa that are in high demand beyond our borders, said Moushmi Patel, Executive Director at Sanari.
Sanaris investment philosophy blends private equity with purposeful growth, focusing on diversity, economic development, and sustainable returns. Executive Directors Sihle Gumede and Ofentse Pelle highlight their unique approach, prioritizing digital and human enablement through a 3S strategybuilding sustainable, scalable, and saleable businesses that are resilient to local GDP trends.