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.
Following the closing and deployment of capital from Renew Venture Lab Fund 1, Renew Capital has announced it is launching Renew Venture Lab Fund 2 (RVL2).
Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF), has successfully raised $294m of additional debt facilities, achieving over half of the Fund's target to raise $500m by 2025.
Africa50 Group, a pan-African infrastructure investment platform, has announced the successful first close of the Africa50 Infrastructure Acceleration Fund (Africa50 – IAF), securing $222.5m in commitments.
BluePeak Private Capital (BluePeak) has reached final closing at $156m for its inaugural private capital fund, BluePeak Private Capital Fund SCSp.
Sanari Capital, a women-led and majority Black- and women-owned South African private equity firm, has raised R1.25bn (approximately $65m) at the second close for its Sanari 3S Growth Fund, as the firm edges closer to its goal of reaching a final close equivalent of up to $100m.
Secha Capital has announced a first close of its second fund, with R300m in investments from blue-chip investors RMB - Rand Merchant Bank Ventures, 27four Investment Managers, SA SME Fund and Caleo Capital.
Metier has announced the first close for Metier Capital Growth Fund III, raising just over $182m, with further commitments expected by final close positioning Metier to exceed its targeted fund size of $200m.
Abidjan-based private equity firm Joliba Capital has announced the first close of its Joliba Fund I, raising €55m from commercial and development investors including IFC, Proparco, FMO and the French private equity firm LBO France.
The Infra Impact Mid-Market Infrastructure Fund 1, managed by Infra Impact Investment Managers, has exceeded its fundraising target, reaching a successful final close at R2.15bn ($115m).
A mixed group of investors, including family offices, private investors, and institutional investors, have committed €57m to the first close of uMunthu II fund.
Capria Ventures, a Global South specialist firm investing in early-growth Global South startups, has announced the first close of its target of $100m fund.
Equator, a climate-tech venture capital firm focused on Sub-Saharan Africa, has announced the initial close of its first fund with approximately $40m.
Partech has announced the first closing of Partech Africa II at €245M, above the target fund size.