EBRD Backs MC IV Fund

The European Bank for Reconstruction and Development (EBRD), a multilateral bank that promotes the development of the private sector and entrepreneurial initiative in 36 economies across three continents, will be investing up to €30m in the new Mediterrania Capital Partners’s MC IV fund to support mid-cap companies in North and Sub-Saharan Africa. 

Metier Capital Growth Fund III Hits First Close

Metier has announced the first close for Metier Capital Growth Fund III, raising just over $182m, with further commitments expected by final close positioning Metier to exceed its targeted fund size of $200m. 

Vumela Enterprise Development Fund Backs Rentoza

Kasada Strengthens Presence in South Africa

Turaco Acquires MicroEnsure Ghana

African Development Fund Approves $20m to Improve Business Environment in Mozambique