XSML Closes Fund IV at $142m
XSML Capital has reached the final close of its fourth vehicle, African Rivers Fund IV, at $142m, surpassing its $135m hard cap.
XSML Capital has reached the final close of its fourth vehicle, African Rivers Fund IV, at $142m, surpassing its $135m hard cap.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company, managed by Ninety One, has committed €40m in sustainability-linked financing to Cabo Verde Airports to support the second phase of a landmark programme to expand, modernise, and decarbonise seven airports across Cabo Verde.
Development Partners International, an investment firm focused on Africa, has announced that ADP II Holding 7 L.P (ADP II), one of the investment vehicles of African Development Partners II, DPI’s second flagship fund, sold its 20.17% stake in Atlantic Business International (ABI) to Banque Centrale Populaire Group (BCP).
Adenia Partners, a private equity firm focused on growth opportunities in Africa, has signed definitive agreements to acquire a majority stake in Parkville Pharmaceuticals from Admaius Capital Partners, an Africa-focused private equity firm, alongside Dr. Sherif Bassiouny, Chairman of Parkville, and Dr. Mahmoud Farrag, CEO of Parkville.
In 2025, African tech funding regained significant momentum, recording $4.1bn in combined equity and debt financing (+25% YoY), according to Partech Africa Tech Venture Capital report.
Sahel Capital has announced the first close of Sahel Capital Agribusiness Fund II (SCAF II) in December 2025.
Amethis Investment Fund Manager, an alternative investment fund manager dedicated to responsible long-term growth across Europe, Africa and the Middle East, together with its partner Edmond de Rothschild Private Equity, have announced the final closing of Amethis Fund III S.C.A., SICAV-RAIF1, (AFIII) in line with its target at €406m.
Blue Earth Capital, a specialist global impact investor, has announced the first close of its dedicated impact secondaries strategy, with commitments exceeding $100m from leading institutional investors from Europe and the United States.
Inside Capital Partners has announced the successful first close of its second fund, Inside Equity Fund II (IEF II), with $55m in commitments.
Salt Capital, an Africa focused private equity firm with a core focus on the Southern Africa Development Community (SADC), has with the partnership of one of its largest LPs, South Suez Capital, completed the acquisition of Welwitschia Hospital, ERAD Radiology, and Spescare Namibia. Salt Capital has since inception considered Namibia as a priority market and has to date built an established track record in the country.
Lightrock, a global sustainable investment platform, has invested $40m in Sun King, the world’s largest off-grid solar energy company.
Helios Investment Partners and Fipar-Holding, a subsidiary of CDG Invest, have launched 3MDC, a new digital infrastructure platform that aims to accelerate Morocco’s digital transformation and strengthen its position as a regional technology hub.
Phatisa, an African private equity fund manager, is raising its third food fund, with a target of $300m and having secured capital commitments from a number of aligned development finance institutions for a first close in early 2026, Africa Global Funds can reveal.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company, managed by Ninety One, has made a $15m investment in WIOCC, a key pan-African telecommunications infrastructure provider.