16 Apr
News > Private Equity > Fundraising
Scalar International and Mergence Investment Managers have announced the launch of a $150 million private equity fund to finance clean energy and digital infrastructure in sub-Saharan Africa.
16 Apr
News > Private Equity > Fundraising
Inspired Evolution, a Pan-African private equity firm specializing in clean energy infrastructure, energy access and energy transition investments, has announced the final close of its Evolution III Fund on March 3, 2025, securing total commitments of $238m.
20 Mar
News > Private Equity > Fundraising
Yango Group, a global tech company bringing advanced technology to local communities, has launched Yango Ventures, a corporate venture fund designed to empower promising startups across Sub-Saharan Africa, as well as LATAM, MENAP, and other high-growth regions of the company’s presence.
13 Mar
News > Private Equity > Fundraising
The Nigeria Sovereign Investment Authority (NSIA), Sustainable Energy for All (SEforALL), the International Solar Alliance (ISA) and Africa50 have launched a $500m DRE Nigeria Fund to develop and finance distributed renewable energy (DRE) projects in Nigeria.
3 Mar
News > Private Equity > Fundraising
Summit Africa, a specialist black-owned and managed impact investment manager and licensed financial services provider, has launched Summit’s Private Equity Fund II (SPEF II) with a $20m (c.R355 million) anchor investment by British International Investment (BII), the UK’s development finance institution and impact investor.
27 Feb
News > Private Equity > Fundraising
African Transition Acceleration Fund (ATAF 1), managed by African Infrastructure Investment Managers (AIIM), is the newest pan-African investment vehicle, designed to support Africa’s energy transition.
25 Feb
News > Private Equity > Fundraising
Kholo Capital Mezzanine Debt Fund I has reached final close at R1.4bn in commitments to make long-term mezzanine debt investments in small and medium sized businesses in South Africa, Botswana, Namibia, Lesotho and Swaziland.
10 Feb
News > Private Equity > Fundraising
P1 Ventures, an early-stage, Pan-African venture capital firm, has completed the final close of its first $50m institutional fund and welcomed African conglomerates, family offices, and partners at global VCs, alongside the World Bank’s IFC.
15 Jan
News > Private Equity > Fundraising
The Grameen Crédit Agricole Foundation, Beyond Finance, and FosterImpact have collaboratively launched the Women Empowerment for Climate Fund, aiming to raise $100m.
12 Dec
News > Private Equity > Fundraising
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.
31 Oct
News > Private Equity > Fundraising
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.
21 Oct
News > Private Equity > Fundraising
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.
6 Aug
News > Private Equity > Fundraising
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).
31 Jul
News > Private Equity > Fundraising
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.