Fearless Fund, the pioneering venture capital firm founded by women of colour for women of colour, has officially entered the Ghanaian market.
The firm announced the launch of the Fearless Microfinance Fund in Ghana, marking its strategic expansion onto the continent.
The new fund will provide microfinance loans ranging from GHS 10,000 to GHS 30,000, specifically targeted at underserved women-owned businesses.
The initiative is designed to tackle the persistent financial barriers faced by women entrepreneurs, systematically tracking social impact metrics such as job creation, geographic reach, and support for first-time borrowers.
“Expanding our mission to Africa has always been central to closing the global wealth gap,” stated Her Majesty Queen Wa Arian Simone, CEO and Founding Partner of Fearless Fund.
“Africa represents the world’s most dynamic economic frontier. Our presence in Ghana is about ensuring women entrepreneurs across the country have access to the capital they need to build, scale, and sustain successful businesses.”
Ghana was selected as a critical entry point for the firm’s African strategy.
Despite leading the world with 46.4% of businesses owned by women, women-led enterprises in the country earn an average of 34% less profit than male-owned firms, highlighting acute disparities in access to capital and resources.
Globally, Fearless Fund has established a strong track record.
The firm has raised multiple eight-figure venture funds, secured a historic $240 million debt facility, and awarded over $5 million in non-dilutive grants to women of colour founders.
Its Get Venture Ready (GVR) programme has equipped more than 1,000 women with investor-readiness training.
The fund is backed by a consortium of leading global institutions, including Bank of America, JPMorgan Chase, PayPal, Costco, and Mastercard.
Its work has garnered recognition from international media such as CNN, Bloomberg, The Wall Street Journal, and Forbes.
Beyond the United States, Fearless Fund has been actively deploying capital and grants across Africa, Australia, and Canada.
Through its partnership with Trace Academia Africa, it has educated over 200,000 entrepreneurs.
The launch in Ghana will be supported by a series of engagement initiatives aimed at empowering women entrepreneurs and strengthening the local ecosystem.
