Study on Africa as a Jurisdiction for Domiciliation of Investment Vehicles

This report summary outlines the potential of investment vehicle domiciliation in African jurisdictions to mobilize and diversify investment capital for growth-oriented MSMEs. It presents the findings of a report commissioned by the Mastercard Foundation and conducted by Momentus Global, Stafford Law, and Samawati Capital Partners in response to an observed gap in domiciliation that limits the availability of capital for MSMEs that could drive economic growth and opportunity across Africa.

The report examines why and how investors choose fund domiciliation jurisdictions and what Africa needs to do to become a preferred destination. It includes a landscape assessment of 13 African, and four global investment destinations based on literature reviews and extensive stakeholder consultations. The report compares global investment vehicle domiciliation jurisdiction trends with the African context, relying on insights from investors, fund managers, regulators, and other ecosystem enablers and a detailed analysis of 13 African jurisdictions. It aims to catalyze systemic change in the Investment Vehicles and capital market ecosystem by enhancing Africa's competitiveness and ensuring inclusive growth. It highlights emerging trends, growth drivers, key sectors, and the size of funds in Africa's investment landscape.