Partech Africa closes at $143m
Partech has announced the final closing of its Partech Africa fund at €125m ($143m) more than double the size of its first closing a year ago at €57m ($70m).
Partech has announced the final closing of its Partech Africa fund at €125m ($143m) more than double the size of its first closing a year ago at €57m ($70m).
CrossBoundary Energy Access (CBEA), Africa’s first blended project financing facility for mini-grids, has launched with funding commitments from impact-first investors The Rockefeller Foundation and Ceniarth.
Ata Capital, a majority black-owned and 100% black managed investment management company, is raising its third fund and is targeting R1.5bn from South African institutional investors.
AfricInvest, a pan-African private equity firm, has announced the third close of FIVE, an evergreen platform for investing in financial institutions in Africa, bringing total commitments to €67m.
Sawari Ventures, an international venture capital firm, has announced a $35m first closing of Sawari Ventures North Africa Fund I (SVNFI).
East African focused fund manager, Catalyst Principal Partners, has closed its second fund, achieving $155m (Kes.15.5bn) of capital commitments from international and regional investors, as a successor to Catalyst Fund I, a $125m fund raised in 2009.
AfricInvest, a pan-African mid-cap-focused private equity firm, has announced the final close of its North African Fund, Maghreb Private Equity IV (MPEF IV).
ECP, a Pan-African private equity investor, has announced the final close of its fourth Pan-African fund, ECP Africa Fund IV (AFIV), receiving commitments of over $640m.
With first close of its new $100m “network fund”, Capria has launched an investment cycle with a focus on partnering with and investing in fund managers in Africa that invest in early-growth businesses.
Ethos has announced the first close and first two investments by its maiden AI fund, the first of its kind fund in South Africa focused on artificial intelligence technology.
AfricInvest, a pan-African mid-cap-focused private equity firm, has announced the second closing of its North African Fund, Maghreb Private Equity IV (MPEF IV).
AfricInvest, a pan-African private equity firm, has announced the second close of FIVE, an evergreen platform for investing in financial institutions in Africa.
Phatisa has announced the first close of its Phatisa Food Fund 2 (PFF 2), which has received capital commitments in excess of $120m.
I&P Développement 2 (IPDEV 2), a fund managed by Investisseurs & Partenaires, has reached its final closing at €11.5m and totalised an investment capacity of €21m.