Capitalworks, a South African private equity firm, has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in mid-market companies in selected sectors across sub-Saharan Africa, excluding South Africa.
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The Federal Government of Nigeria has received credit from the International Development Association (IDA) and intends to apply $30m Naira equivalent of the proceeds towards the establishment and management of a commercially viable SME Investment Fund under the Growth and Employment Project.
Satrix has listed a new exchange traded fund on the Johannesburg Stock Exchange, which tracks the MSCI Emerging Markets Investable Market Index.
Denmark-based A.P. Moller Holding, PKA, PensionDanmark and Lægernes Pension have jointly launched an Africa-focused infrastructure fund.
Impact Investment Trust, an investment company offering exposure to a portfolio of funds investing for impact in developing countries, is planning to raise up to $150m via an IPO on the London Stock Exchange.
Kuramo Capital Management and Nile Capital Management have announced a strategic partnership to launch a new investment management entity called Kuramo Nile Capital Management (Kuramo Nile).
Sanlam and Africa Infrastructure Securities (InfraSec) have launched the Sanlam InfraSec Infrastructure Fund, a US dollar-denominated fund that will invest in infrastructure projects with an emphasis on economic growth, social upliftment and energy.
Amundi and IFC have agreed to create the largest green-bond fund dedicated to emerging markets, a $2bn initiative that aims to deepen local capital markets and expand financing for climate investments.
Cloud Atlas Investing has listed its Africa-focused ETF on the Johannesburg Stock Exchange (JSE) at a NAV price of R11.86 per unit, Africa Global Funds has learned.
Enko Capital has unveiled the Enko Africa Debt Fund (EADF) to invest solely in fixed income securities issued by corporates and sovereigns, denominated in local and hard currencies across Africa.
Outlierz, a Moroccan based investment firm, has launched a new seed fund dedicated to provide smart capital to startups in Africa.
Mawer Investment Management, a Canadian independent investment firm managing in excess of $40bn across all major asset classes, has launched its first emerging markets fund with allocation to Africa.
Jaltech, a South African boutique corporate finance firm, and Stefanutti Stocks, a construction group listed on the JSE, have launched the JSS Empowerment Mining Fund to invest in junior mining companies.
The European Union (EU), the International Fund for Agricultural Development (IFAD) and the National Social Security Fund (NSSF) have jointly launched the Yield Uganda Investment Fund.