Proparco has launched a Call for Expressions of Interest for an investment fund dedicated to African SMEs.
Aruwa Capital Management, a female-founded and led private equity firm focussed on Nigeria and Ghana, has launched a $20m co-investment vehicle.
Adiwale Partners, a private equity firm focusing on growth capital investments for SMEs in French-speaking West Africa, has announced the first closing of its first fund, Adiwale Fund I, at €50m.
Accion Venture Lab has added $33m to its initial capital pool, with the launch of a new $23m fund and an additional, separate $10m investment from nonpofit Accion.
Tamela Capital Partners, a subsidiary of Tamela Holdings, has annouxned the first closing of the Tamela Mezzanine Debt Fund 1 (Tamela Mezz Fund) at R420m.
Actis has completed fundraising for its Actis Long Life Infrastructure Fund (ALLIF) with over $1.23bn of fund commitments plus co-investment, delivering up to approximately $2bn of investable capital for this new strategy.
PAPE Fund III has achieved final closing with total capital commitments of R950m from local and international institutional investors and private investment entities, as well as a capital investment commitment by the General Partner of the fund.
Verod Capital Management has announced an interim close of Verod Capital Growth Fund III at $150m, exceeding the size of its predecessor fund, Verod Capital Growth Fund II LP (Verod Fund II).
African Infrastructure Investment Managers (AIIM) has announced the final close of its pan-African infrastructure fund, AIIF3, which raised $320m from a diverse investor base across Africa, Europe and Asia.
Coöperatief Climate Fund Managers (CFM) has announced the final close of Climate Investor One’s Stichting Development Fund and Coöperatief Construction Equity Fund at a combined $850m.
Velocity Capital has raised €105m for the FinTech Ventures Fund dedicated to backing early stage fintech companies that advance how people, businesses, and financial institutions grow economic opportunity.
Amethis has announced the final close of its second Pan-African fund, Amethis Fund II, which collected €375m from more than 70 investors in Europe and Africa, exceeding its initial target of €300m.
EXEO Capital has announced the final close of their second food and agribusiness fund, Agri-Vie Fund II, at $146m, showing growth of nearly 50% on the size of the first fund.
Truestone, a frontier market impact investor, has announced plans to launch the Mano River Transition Fund that will invest up to $50m into SMEs across Sierra Leone and Liberia.
