West Africa Venture Fund, Liberia

WAVF operates an investment model based on optimum combination of risk capital, massive dose of technical assistance services and hands-on management of investee companies to achieve long term value creation. The fund already has US$13.5 million committed seed capital by the anchor investor, the IFC. WAVF is managed by Unique Venture Capital (UVC), Manager of SMEEIS Funds of three major Nigerian Banks; UVC has invested over US$32 million in the last four years in 53 projects with 8 exits and annualized average returns of over 34%.