Joyce Ababio College of Creative Design secures investment from Oasis Capital Ghana

GHANA – Oasis Capital Ghana, managers of the Oasis Africa VC Fund (OAF), has announced its investment in Joyce Ababio College of Creative Design (JACCD) to enable the school to expand its facilities with a modern campus as well as expand its degree and professional programs to include many creative disciplines targeted at the young African creative.

JACCD is the leading design university college established by storied Ghanaian fashion designer Joyce Ababio. It offers tertiary and professional training in fashion and graphic design among other creative disciplines and operates in three locations in Accra and Kumasi. JACCD has trained many respected fashion designers and artists in Ghana and across Africa.

“Joyce Ababio and the JACCD brand is undeniable. There is a generation of designers and entrepreneurs who have trained at JACCD and are making a big impact in their communities. We are happy to be a part of the growth story that expands this university college to train even more creative entrepreneurs to change Africa,” Mr Matthew Boadu Adjei, CEO of Oasis Capital said.

“Creativity and design innovations have transformed the world we live in.

Mrs Grace Safoa Buaka – Investment Manager, Oasis

With unemployment being a major bane of the economy, improving and expanding the training of African creatives with modern design approaches, critical thinking and entrepreneurial skills will unlock the potential of millions of youths to transform the economy.

The expansion of the University College leverages the influential brand of Madam Ababio to mark a major milestone in creative education in Ghana and the sub-region.

“Creativity and design innovations have transformed the world we live in. We are proud to invest in JACCD and Madam Joyce Ababio to improve the training of the arts and creative fields. We are especially pleased to support education-providers in this often-neglected area,” Mrs Grace Safoa Buaka, Investment Manager at Oasis said.

Madam Joyce Ababio said that having been in this business for 26 year she is exultant to partner with Oasis Capital to transform the College. “The vision is to become the number one university for creative careers in Africa with relevant and industry-supported design program,” she added.

Recently, the Oasis Capital VC fund invested US$1 million in Ghanaian fintech startup, appsNmobile to scale its e-payments service for businesses in Ghana.

Oasis Capital was backed by local Ghanaian financiers as well as global investors including the International Finance Corporation (IFC), the European Investment Bank and the Dutch Good Growth Fund (DGGF).

With the new fundraise, appsNmobile plans to grow its mobile-based virtual point of sale (vPOS) flagship product, a USSD-enabled application that allows SMEs receive payments from customers.

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