ARM-Harith Infrastructure Investments, a Mauritius-regulated infrastructure fund manager and parent company of ARM-Harith Infrastructure Investment Nigeria, has announced plans to launch the ARM-Harith Cities and Climate Transition Fund (ACT Fund).
Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners, with a debut offering - the Infrastructure Climate Resilient Fund (ICRF).
STANLIB has launched a Pan Africa Debt Fund, which will allow investors to tap into the attractive dollar yields, geographic diversification and fast-growing economies presented by the African continent.
Barak Fund Management has decided to launch two new funds - the Emerging Markets Term Fund and the Emerging Market High Yield Fund.
Mergence Lesotho has launched two unit trust investment products - the Mergence Lesotho Equity Unit Trust Fund and the Mergence Lesotho CPI + 4% Fund.
Seedstars Africa Ventures has partnered with LBO France for its $100m fund for African early-stage entrepreneurs, as part of the new African strategy of the French PE firm totaling €6.3bn in commitments.
27four has launched 27four Women, an accelerator managed by women for women that will focus on accelerating the trajectory for achieving both transformation and gender parity goals in South African asset management.
Laurium Capital has launched its first Irish-domiciled UCITS fund, the Laurium Africa USD Bond Fund, on the Prescient Global Funds ICAV platform.
State Street Global Advisors, the asset management arm of State Street Corporation, has launched the SPDR Bloomberg Barclays Emerging Markets USD Bond ETF (EMHC).
Goodwell Investments, an impact investment firm, has launched Goodwell V, a €50m cornerstone feeder fund for a new institutional fund that the company plans to launch in the second half of this year.
Harith General Partners, one of the largest investors in African Infrastructure, has announced a $200m capital raise in a follow-up fund to its Pan African Infrastructure Development Fund (PAIDF) 2, that is open to existing and new investors.
The Government of Canada and the African Development Bank have launched the Canada–African Development Bank Climate Fund (CACF), a transformative special fund aimed at providing concessional loans to climate change-related projects with a strong gender-responsive component.
The African Enterprise Challenge Fund (AECF) has launched a $1.2m Innovation Fund to unlock the potential of renewable energy to create new business opportunities.
SouthBridge Investments (SBI) and New African Capital Partners (NACP) have launched SBNA, a joint venture that will act as a permanent capital fund, aiming to attract investors who take a long-term view on Africa.