London, 15 September 2022 – Advance Global Capital Ltd are delighted to announce that they have opened a new office space in Century City, Cape Town, South Africa. In line with its impact mission to create jobs and deliver flexible financing to small businesses worldwide, AGC has opened an office in Cape Town, South Africa.
AGC’s South African team of five will provide investment analytic and operations support to the London-based team. Plans to develop operations in Cape Town began back in 2021, when they recruited their first investment analyst. Now, there are 5-6 employees based in the region, operating as a support to the London based headquarters. South Africa is a strategic location for the company, as it looks to expand its investment reach further into Sub-Saharan African and beyond.
“AGC’s mission is to support the working capital needs of SMEs all over the world, and particularly in emerging markets. As we look to further expand our work in Africa and beyond, it is additive for us to have an office base in South Africa. Added to that, we have access to very talented staff who serve as a complement to the main staff base in London”, said Sudha Bharadia, Co-CEO.
About Advance Global Capital
Advance Global Capital, a global impact investment management company, believes that private capital, when invested well, can be a force for good. AGC works with investors who want measurable, positive impact that aligns with their values alongside good financial returns.
AGC’s flagship fund puts capital to work in underserved communities worldwide by financing small and medium businesses (SMEs) that lack sufficient access to credit and need it to thrive. Our investments deliver tailored financing to partners, and flexible working capital to SMEs, especially those owned by women, so they can grow and continue positively impacting their local economies.