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.
Vantage Capital has announced the final close on its fourth mezzanine fund with $377m of commitments secured from a mix of European and US-based commercial investors, as well as a host of development finance institutions (DFIs) that include IFC, BII, SIFEM, DEG, Norfund, Swedfund, Finnfund and EIB.
Convergence Partners has announced the successful closing of its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296m, surpassing its initial target by over 18%.
Adenia Partners, a private markets investment firm committed to responsible investing and a sustainable Africa, has announced the first close of Adenia Capital V with $300m commitments from investors.
Ventures Platform has announced the final close of its early-stage and intercontinental fund, at $46m, surpassing its initial $40m target.
Aruwa Capital Management, a Lagos based female founded and led early-stage growth equity and gender lens investment fund, has closed its first institutional fund, which was oversubscribed, surpassing a target of $20m.
Goodwell Investments has launched uMunthu II, aiming to raise €150m to finance innovative, scalable, small and medium-sized businesses that improve the access and affordability of basic goods and services for un(der)served consumers in Africa.
Janngo Capital Startup Fund (JCSF) has announced its first close at €34m (approximately $36m) in capital commitments.
The Fund for Export Development in Africa (FEDA), the impact investment arm of the African Export-Import Bank (Afreximbank), has reached its first close of $670m across its four fund strategies.
Injaro Investment Advisors, a Ghanaian growth capital investor, has announced the successful first closing of the Injaro Ghana Venture Capital Fund (IGVCF), its inaugural Ghana Cedi denominated fund with GHS127m ($12.27) in total commitments.
Sanari Capital has announced a R475m (c.$28m) first close on its Sanari 3S Growth Fund, receiving commitments from leading institutional investors, including the 27Four Black Business Growth Fund, RisCura (on behalf of various clients), and the National Fund for Municipal Workers.
Actis, a global investor in sustainable infrastructure, has recently concluded a first close of its real estate fund, Actis West Africa REIF( NREIF) at $45m.
