Metier Capital Growth Fund III Reaches Final Close at $219m
Metier has announced the final close for Metier Capital Growth Fund III, raising over $219m and exceeding its targeted fund size of $200m.
Metier has announced the final close for Metier Capital Growth Fund III, raising over $219m and exceeding its targeted fund size of $200m.
Innovate Africa Fund, an angel investment fund that supports early-stage founders in funding life-changing ideas, taking startups from conception to product and financing innovative ventures, has launched with an initial $2.5m rollout.
Adenia Partners has completed the acquisition of Air Liquide’s operations in 12 African countries, giving birth to Erium, the first pan-African leader in industrial and medical gases.
Sango Capital has acquired a majority of the Limited Partner interests in Synergy Private Equity.
Kasada, an independent real estate private equity platform dedicated to delivering attractive sustainable value across the hospitality sector in Africa, has sold the Ibis Douala located in Bonanjo, a key business district of the city of Douala, in Cameroon to Christina Hotel, part of the Bocom Group.
Impact Investors Foundation (IIF) has appointed Kuramo Capital Management as the fund manager for a $1bn Nigeria Wholesale Impact Investment Fund (WIIF).
IFC has announced a risk-sharing facility (RSF) for a total amount of up to $40m equivalent in West African CFA with Bridge Bank Group Côte d'Ivoire (BBGCI).
FMO has agreed to support the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA) through a $10m investment.
British International Investment (BII), the UK's development finance institution (DFI) and impact investor, has announced a $20m senior secured loan to TerraPay, a global cross-border payments processor with a key focus on remittance transfers into Africa.
Sanari Capital, a private equity firm that invests in medium-sized and mid-market growth companies from Africa, has announced a R80m follow-on investment in EduLife Group.