Mediterrania Capital Partners has announced the first closing of MCP RE II FPCC RFA, its second real estate investment fund dedicated to Morocco, with investor commitments reaching MAD 380 million.
Persistent has launched the $70 million Persistent Africa Climate Venture Fund (Persistent ACV Fund), with a first close of $52 million and an additional $5 million Venture Building Facility (VBF) to accelerate the growth of early-stage climate ventures across Africa.
British International Investment (BII), the UK’s development finance institution and impact investor, and ILX, an Amsterdam-based emerging market private debt asset manager, have completed their first joint transaction to expand financing for micro, small and medium-sized enterprises (MSMEs) and agricultural businesses in East Africa.
Inspired Evolution has announced the successful exit of its Evolution II Fund’s controlling stake in Commercial Energy SA (CESA), a South African clean energy platform specialising in the ownership and operation of commercial and industrial (C&I) solar photovoltaic (PV) and battery energy storage systems (BESS) assets.
The government of the Democratic Republic of the Congo has officially announced the creation of a new Strategic Sovereign Fund, the Fonds d’Investissement Stratégique (FIS RDC).
South Africa’s retirement industry is entering a period of accelerated change, with new data revealing how governance, member behaviour and risk management are being reshaped in real time.
Phatisa has sold its majority stake in Copperbelt Agri Holdings the holding company of Goldenlay, Zambia’s largest table‑egg producer, to Vanden Avenne Group, a Belgian integrated feed and protein manufacturer.
The African Development Bank Group has approved an investment of €6.5 million in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa.
Vantage Capital, Africa’s largest mezzanine debt fund manager, has made a R635m investment into Commercial Energy South Africa (CESA), a subsidiary of SolarAfrica Energy, a South African energy solutions provider, alongside co-investor, Greenpoint Capital.
Verdant IMAP has advised on the acquisition of a portfolio of South African data centre assets from NTT DATA, by Open Access Data Centres (OADC), a subsidiary of WIOCC Group.
