Holocene has announced the final close of Holocene Ventures Fund I (HVF1), which it describes as Southern Africa’s first dedicated high-growth climate technology fund, marking a milestone for the region’s emerging climate innovation ecosystem.
AHL Venture Partners has announced the first close of its AHL Africa Credit Fund I at $30.5 million, less than a year after launching the fundraising process.
ARM-Harith Infrastructure Investments has announced the first close of its successor climate transition fund at approximately $76 million.
3IF Ventures, the first impact venture capital fund dedicated to Africa’s insurance start-up ecosystem, has announced the first close of its Inclusive Insurance Investment Fund at $12 million.
Novastar Ventures, one of Africa’s pioneering and largest venture capital firms, has announced the final close of its third fund, Novastar Ventures Africa People and Planet Fund III (NVIII), at $147 million.
Adenia Partners has reached the $180 million hard cap for the first close of its inaugural Adenia Entrepreneurial Fund I (AEF), less than a year after launching fundraising—surpassing its original $150 million target and pushing the firm’s total capital raised beyond $1 billion.
Aqua-Spark Africa Fund has officially reached its first financial close at $48 million, marking a key step toward building a sustainable aquaculture industry across Sub-Saharan Africa.
Mediterrania Capital Partners has announced the first closing of MCP RE II FPCC RFA, its second real estate investment fund dedicated to Morocco, with investor commitments reaching MAD 380 million.
Persistent has launched the $70 million Persistent Africa Climate Venture Fund (Persistent ACV Fund), with a first close of $52 million and an additional $5 million Venture Building Facility (VBF) to accelerate the growth of early-stage climate ventures across Africa.
Cape Town-headquartered venture capital (VC) firm HAVAÍC has announced the third close of its $50m African Innovation Fund 3, securing over $30m in commitments following the entry of South African impact investor E Squared Investments.
Phatisa Food Fund 3 (PFF 3) has reached an $86m first close, with commitments from a group of leading development finance institutions and impact investors – British International Investment (BII), FinDev Canada, Norfund, Swedfund, the IFC and Phatisa.
XSML Capital has reached the final close of its fourth vehicle, African Rivers Fund IV, at $142m, surpassing its $135m hard cap.
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.
