Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs in North African and Sub-Saharan countries, has announced the first closing of its third capital growth fund, Mediterrania Capital III LP, at €103m.
NBK Capital Partners has successfully closed its second mezzanine fund, NBK Capital Partners Mezzanine Fund II, with $160m in capital commitments, driven by strong demand from institutional investors and family offices.
TIDE Africa, an international venture capital fund focused exclusively on technology enabled solutions and innovation serving Sub-Saharan Africa (SSA), has reached its first close of $40m of the $100m target.
Victus Global Capital (VGC) is in the process of building its initial $50m fund with the stated objective of assisting women-led and/or women-focused agri-businesses in Africa, Africa Global Funds has learned.
Catalyst Principal Partners has completed a first close of its Catalyst Fund II at $103m, being in excess of the target fund size and over 80% of the final achieved hard-cap for its first fund, Catalyst Fund I.