Adenia Partners has reached the $180 million hard cap for the first close of its inaugural Adenia Entrepreneurial Fund I (AEF), less than a year after launching fundraising—surpassing its original $150 million target and pushing the firm’s total capital raised beyond $1 billion.
Africa has huge potential to boost its economic output through regional integration, but fragmented systems and high trade costs hinder regional trade, writes Yinebeb Bahru. Investing in shared digital public infrastructure can enhance cross-border trade and help businesses compete globally. But with less than 40% of Africans online, expanding digital connectivity is crucial for Intra-African trade.
The Prescient Group has acquired Obsidian Fund Services in Guernsey, strengthening its global fund administration offering with a particular focus on private assets.
The Bank of Tanzania (BOT) has made an undisclosed equity investment in the Africa Finance Corporation (AFC), becoming a sovereign shareholder and further strengthening the Corporation’s diversified capital base and pan-African ownership structure.
Amethis has agreed to acquire a significant minority stake in Tiba for Starch & Glucose, an Egyptian producer of rice-based specialty food ingredients, in a transaction expected to close in the second quarter of 2026, subject to regulatory approvals and other conditions.
FSD Africa Investments and Allied Climate Partners have announced a combined anchor commitment of $50 million to the first close of the African Transition Acceleration Fund, a new investment vehicle aimed at accelerating Africa’s energy transition.
British International Investment (BII) has partnered with Deutsche Bank to launch a $150 million risk-sharing programme aimed at expanding trade finance across some of Africa’s most underserved markets.
Aqua-Spark Africa Fund has officially reached its first financial close at $48 million, marking a key step toward building a sustainable aquaculture industry across Sub-Saharan Africa.
