AHL Venture Partners Reaches $30.5m First Close for Africa Credit Fund
AHL Venture Partners has announced the first close of its AHL Africa Credit Fund I at $30.5 million, less than a year after launching the fundraising process.
AHL Venture Partners has announced the first close of its AHL Africa Credit Fund I at $30.5 million, less than a year after launching the fundraising process.
Aruwa Capital Management has completed an investment in Sika Financial Group, a financial market infrastructure company focused on clearing, settlement, liquidity and market data services for cross-border transactions across Africa and other emerging markets.
ARM-Harith Infrastructure Investments has announced the first close of its successor climate transition fund at approximately $76 million.
3IF Ventures, the first impact venture capital fund dedicated to Africa’s insurance start-up ecosystem, has announced the first close of its Inclusive Insurance Investment Fund at $12 million.
AfricInvest has launched a phased exit from its investment in SIPO Holding, the Mauritius-based holding company that controls Côte d’Ivoire’s Groupe Centaures, following a $16 million fundraising by the logistics and transport group.
Helios Investment Partners has agreed to sell its majority stake in Africa Specialty Risks (ASR) to Vitruvian Partners, marking the next stage in the development of the specialty insurance and reinsurance platform focused on Africa and other emerging markets.
Knife Capital has exited its stake in VoxCroft Analytics' US entity through a sale to Redpoint Advisors, a US-based intelligence advisory firm, marking a successful exit for the venture capital firm's KNF II fund and underscoring growing international interest in African-developed technology.
The Private Infrastructure Development Group (PIDG) has joined an investor consortium to close the final funding gap for a $137 million maritime infrastructure project in Ghana, paving the way for financial close and construction of the Takoradi Floating Dock Project, known as Shiprite.
AfricInvest, through its Financial Inclusion Vehicle (FIVE), has led a growth investment round in BFREE, a pan-African investor in distressed retail and SME loans, as the company looks to expand portfolio acquisitions, deepen partnerships with financial institutions, and enter additional African markets.
Triple Jump has provided $8 million in debt funding to Africa Xpress, supporting the company’s plans to scale its electric mobility operations across Africa.
Sango Capital has acquired more than $120 million in net asset value across four African-focused funds from an institutional investor rebalancing its global portfolio, in a transaction that highlights growing activity in Africa’s secondary private markets.
The IDH Farmfit Fund has acted as anchor investor in Kenya’s first private-sector local currency securitisation in the smallholder agriculture sector, a transaction structured by Kaleidofin in partnership with agri-finance company Apollo Agriculture.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), part of the Private Infrastructure Development Group and managed by Ninety One, has committed a $40 million senior secured loan to support the development of Egypt’s first sustainable aviation fuel (SAF) production facility.
Gaia Renewables 1, listed on the Cape Town Stock Exchange (CTSE), has announced the refinancing of empowerment stakes in De Aar 1 and 2 wind farms in the Northern Cape.