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.
AfricInvest, a multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African Venture fund, Cathay AfricInvest Innovation Fund [CAIF], at €110m.
AfricInvest has announced the final close of its AfricInvest Fund IV with total commitments of $411m.
Chancen International (CI) has announced the first close for its $21mFuture of Work Fund (FWF), a significant move aimed at realizing African Union’s agenda 2063 which advocates for well-educated citizens and skills revolution underpinned by science, technology, and innovation.
Cape Town-headquartered venture capital (VC) firm HAVAÍC has announced the third and final close of its second pan-African investment fund.
XSML, a fund manager active in Central & East Africa, has reached the hard cap for its African Rivers Fund III (ARF III) at $85m.
