Vital Capital, an impact investor focused on companies in sub-Saharan Africa, announced a new debt facility providing loans to promising businesses to help them get through the coronavirus pandemic while continuing to offer essential services.

The Vital Impact Relief Facility offers businesses immediate access to capital in anticipation of a severe economic crisis that could result from the rapid spread of coronavirus in the region.

Vital also plans to open the facility to other investors to extend the available pool of capital.

Founded in 2011 and led by Nimrod Gerber, Managing Partner, Vital Capital is an impact investment, private equity fund that is focused on sub-Saharan Africa.

It manages the $350 million Vital Capital Fund as well as the new debt facility. | To read full story, visit https://startuparound.com/read/1585936808.3636022/Vital-Capital-Announces-Vital-Impact-Relief-Facility?ref=audio_experience