Sanari Capital has exited its investment in Fernridge Solutions, with Broll Property Group acquiring the Johannesburg-based market intelligence and geospatial analytics firm.
Development Partners International’s African Development Partners (ADP) III fund has led a $200m equity financing round for Moniepoint, Africa’s all-in-one financial platform for businesses and their customers, as part of its recently closed Series C funding.
Madica, a structured investment program for pre-seed African startups, has announced new investments in two AI-powered companies: Anavid and Hypeo AI. Each company has secured up to $200,000 in funding and will join Madica’s 18-month program, which offers a tailored curriculum, hands-on mentorship, executive coaching, and two fully-funded immersion trips to key technology ecosystems, both locally and internationally. Beyond funding, the startups will also be connected to Madica’s global investor network, positioning them for growth and long-term success.
Paradigm Tower Ventures, a newly established sub-Saharan African towers platform backed by a consortium of investors including Convergence Partners, British International Investment (BII), and Proparco, has made its first investment by closing the acquisition of IHS Rwanda from IHS Holding.
Enko Capital, an Africa-focused alternative asset manager with $1.3bn in assets under management (AUM), has announced the first close of its impact focused private credit strategy, raising $100m toward its target of $150m at final close, with a hard cap of $200m.
Evolution III Fund, Inspired Evolution’s dedicated next-generation energy transition fund, has signed transaction agreements committing $20m to Cold Solutions East Africa Holdings Limited (CSEAHL), a temperature-controlled warehousing and logistics platform operating across Kenya, Uganda, Rwanda, and Tanzania.
Verod, a West African private equity firm, has announced its successful exit from pensions fund administrator, Tangerine APT Pensions, to Verod’s minority partner, APT Securities and Funds.
Accion has announced the final close of a $61.6m fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally.
Enabling Qapital, a Swiss-based impact asset manager, has invested $1.5m in Premier Credit Uganda, a subsidiary of The Platcorp Group, marking a major step on its mission to expand financial inclusion.
Kredete, a fintech company focused on helping African immigrants build credit and access financial services, has raised a $22m Series A funding round led by AfricInvest via their Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE) and Partech, with participation from Polymorphic Capital.
FCMB Asset Management (FCMBAM) and TLG Capital have announced the full deployment of the oversubscribed ₦100 bn FCMB–TLG Private Debt Fund Series 1.
African Infrastructure Investment Managers (AIIM), through its IDEAS Fund, and Motseng Investment Holdings, have announced the formation of Motseng Ideas Infrastructure Group (MIIG).
Alliance for Green Infrastructure in Africa Project Development Fund (AGIA-PD), a fund managed by Africa50, has announced the first close at $118m, marking a major milestone in accelerating the delivery of green infrastructure across the continent.
Bosquet Investments, the private investment vehicle of Alain Nkontchou, has acquired a 21.22% stake in Ecobank Transnational Incorporated (ETI) from Nedbank Group. This transaction remains subject to regulatory approvals.
