The Ethos Mid Market Fund I, a black-managed, mid-market focused fund in South Africa, has raised R675m ($47.39m) at first close, Africa Global Funds can reveal.
Adenia Partners, a private equity fund manager focused on mid-cap buyouts and growth capital investments in Sub-Saharan Africa, has launched Adenia Capital (IV), its fourth follow-on fund vehicle.
Capria, a global impact investment firm, has announced that the Capria Accelerator Fund has reached its final close at $5.2m and is slightly over-subscribed.
Musa Capital Namibia, an affiliate of the South African-based company, Musa Group, has recently held the first close of its Namibia Mid-Cap Fund.
Oasis Capital Ghana has reached the first close of its second fund, Oasis Africa VC Fund (OAF) at $27m, with commitments from local and international investors.
African Capital Alliance (ACA) has raised a total of approximately $570m of committed capital for its fourth private equity fund, Capital Alliance Private Equity IV (CAPE IV).
Orios Capital, a Ghanaian venture capital firm, has announced plans to raise more than $1m to co-invest in scalable and impact-based startups in Africa.
Africa Special Opportunities Capital has launched ASOC Fund I, a special opportunities private equity fund focused on providing funding and turnaround services to South African companies in various states of distress.
Grovest Tech (GroTech) has re-opened its fund to raise an additional R38m by way of an issue of 38,000 no par value ordinary shares at an issue price of R1,000 per ordinary share.
Novare Africa Property Fund II, has announced its final close, raising $350m (R5.25bn) for investment in a portfolio of new developments in, amongst others, Nigeria, Zambia and Mozambique.
Metier Capital Growth Fund II is hoping to have a final close in the next month and a half, according to J-P Fourie, Head of Investor Relations at Metier.
Fusion Capital has launched a Sh2.3bn offer for the first Development Real Estate Investment Trust (D-REIT) on the Nairobi Securities Exchange (NSE), to finance and complete the development of Greenwood City.
Pecora Capital, a US based global macro investment management firm, has announced its intentions to raise $2bn over the next 18 months for Nigerian infrastructure projects.
NBK Capital Partners has held a first close for NBK Capital Partners Mezzanine Fund II at $110m, driven by strong demand from institutional investors and family offices.