Fundo Activo de Capital de Risco Angolano

Company profile

Fundo Activo de Capital de Risco Angolano company profile

FACRA offers long-term financial investments to enable MSMEs and entrepreneurs to realize their business development potential. FACRA’s objectives involve helping to facilitate the launch and expansion of new businesses, boosting entrepreneurship, supporting the development of business skills, and promoting innovation and efficiency in Angolan small and medium enterprises. The fund also aims to build competencies, innovation and technological capabilities in businesses with which it invests. As a government-backed venture capital fund, FACRA is a powerful instrument for the diversification of the Angolan economy. The Fund plays a particularly important role due to the current macro-economic environment, where access to financing by SMEs is difficult and the relatively small pool of skilled local workforce often impedes business expansion. FACRA provides alternative, stable long-term equity funding to local and foreign entrepreneurs looking to enter the Angolan market. Organizations that FACRA invests in also benefit from expert business support in both a strategic and financial capacity during the business life cycle.