Sanari Capital, a women-led and majority Black-owned South African private equity firm, has raised c.R1.5bn ($80m) for the Sanari 3S Growth Fund, a portfolio with significant transformative potential across Africa.
Pan-African venture capital firm Janngo Capital, one of the very few female-founded, owned and led venture capital firms in Africa, has announced the final closing of its second fund at $78m, 20% beyond its initial target.
The SA SME Fund, the Department of Science and Innovation (DSI), along with its entity, the Technology Innovation Agency (TIA), and impact investor E Squared Investments have launched a R300m Seed Fund of Funds aimed at providing critical early-stage capital to startups.
African Infrastructure Investment Managers (AIIM), Africa’s largest dedicated sustainable infrastructure equity manager, has announced the final close of its fourth pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4).
The Helios Climate, Energy Access, and Resilience (CLEAR) Fund has raised approximately $200m in its first close for investment in African businesses focused on climate mitigation and adaptation.
Metier has announced the final close for Metier Capital Growth Fund III, raising over $219m and exceeding its targeted fund size of $200m.
Innovate Africa Fund, an angel investment fund that supports early-stage founders in funding life-changing ideas, taking startups from conception to product and financing innovative ventures, has launched with an initial $2.5m rollout.
Oasis Capital Ghana, a growth capital fund manager focused on West Africa, has announced the successful first close of its $100m Oasis Africa Fund II (OAF II), securing $33.3m in capital commitments.
TLcom Capital, an Africa-focused venture capital firm, has announced the final close of TIDE Africa Fund II, its second fund for technology in Africa, at $154m.
Acre Impact Capital, a private-debt impact investment manager, has announced the first closing of its Export Finance Fund I with commitments of approximately $100m.
Adenia Partners, a private equity firm focused on growth opportunities in Africa, has successfully closed its fifth fund, Adenia Capital V at its $470m hard cap.
Climate and impact fund manager Camco has unveiled a new technical assistance facility (TAF) to accelerate the growth of Sub-Saharan African markets for renewable energy and energy access.
XSML Capital, a provider of growth capital to SMEs in Central and Eastern Africa, has launched its fourth fund, African Rivers Fund IV (ARF IV), with a first close of $98.7m.
Partech has announced the final closing of its second Africa fund, Partech Africa II, at a hard cap of €280m ($300m+), attracting support from a diverse group of 40+ international investors.
