CLOSING THE WEALTH GAP STARTS HERE.
Fearless Fund Africa officially launches on the continent
Building on the impact and legacy of the Fearless Fund in the United States, Fearless Fund Africa is dedicated to expanding access to capital for entrepreneurs across the continent, starting in Ghana. Through the launch of the Fearless Fund Africa Microfinance Fund, we are investing directly in local founders, supporting sustainable businesses, and strengthening local economies. This fund is designed exclusively for the continent, with a long-term vision to expand across African markets and support the next generation of fearless builders.
microfinance Fund
Fearless Fund Africa Microfinance Fund is designed to support women of color entrepreneurs in offering innovative and culturally responsive financial services, including small, high-impact microfinance loans ranging to underserved women entrepreneurs. Our mission continues to be central to closing the global wealth gap.
Fearless Fund Africa will deploy the micro-finance fund with loans ranging from $800- $2000 USD in cohorts.
Why Africa?
Africa presents a transformative opportunity to advance women’s economic frontier. As home to one of the fastest-growing entrepreneurial ecosystems in the world our presence is decided to ensuring founders across the continent have the critical access to capital they need to build and scale.
Ghana ranks #1 globally, with 46.4% of businesses owned by womenOnly 37% of women in sub-Saharan Africa have a bank account, compared to 48% of men—highlighting a formal financial access gap.Women-led enterprises generate approximately $300 billion annually, contributing an estimated 16% of Africa’s GDP.According to the World Bank, micro, small, and medium enterprises (MSMEs) make up to 90 % of all businesses and roughly 60 % of employment across AfricaWomen comprise up to 58 % of the continent’s self-employed workforce, collectively contributing around 13 % of Africa’s GDP through business activity.
APPLY TO PITCH
Fearless Fund Africa is thrilled to launch its Microfinance Fund in Ghana. This landmark event will feature a live pitch competition, community celebration, and direct funding opportunities for women-led businesses exclusively for the African continent. We encourage the entrepreneurial community in Ghana to seize this opportunity and apply now to be part of this historic launch.