2 Sep
News > Private Equity > Fundraising
Fortis Green Renewables Investment Management, an investment firm providing capital to small-scale renewable energy assets in Sub-Saharan Africa, has recently held the initial close in its Green Fund I.
1 Sep
News > Private Equity > Fundraising
Global Coalition has launched a first-of-its-kind relief fund with a first close of $68m and a target of over $80m to protect energy access for at least 20 million people in sub-Saharan Africa and Asia.
30 Aug
News > Private Equity > Fundraising
Amethis, an investment fund manager dedicated to long-term responsible investing across the African continent, has announced the first closing of Amethis MENA Fund II at $101m (€85m).
19 Aug
News > Private Equity > Fundraising
The African Development Bank (AfDB) has reached financial close on financing agreements for a $20m concessional investment from the Sustainable Energy Fund for Africa (SEFA) for the Covid-19 Off-Grid Recovery Platform (CRP).
9 Aug
News > Private Equity > Fundraising
The Acumen Resilient Agriculture Fund (ARAF), sponsored by Acumen and anchored by Green Climate Fund, has closed on June 30 at $58m, above its fundraising target.
4 Aug
News > Private Equity > Fundraising
Convergence Partners Digital Infrastructure Fund (CPDIF) has reached its first close at $120m, targeting a final size of $250m.
12 Jul
News > Private Equity > Fundraising
Vantage Capital, Africa’s largest mezzanine fund manager, has announced the successful first close on its fourth mezzanine fund at $207m.
18 Jun
News > Private Equity > Fundraising
The Africa Renewable Energy Fund II (AREF II) has achieved its first close at €125m, following a joint investment of €17.5m from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank.
20 May
News > Private Equity > Fundraising
Sanlam Investments, South Africa's largest black-owned asset manager, is looking to raise an additional R35bn for its range of impact funds.
18 May
News > Private Equity > Fundraising
Ascent has announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than $100m, significantly exceeding its initial target of $80m.
5 May
News > Private Equity > Fundraising
Uhuru Investment Partners, a middle-market private equity firm, has announced the first close of Uhuru Growth Fund I (UGF) at $113m.
28 Apr
News > Private Equity > Fundraising
Misr Capital, the investment arm of Banque Misr, and Elevate Private Equity have launched a $380m healthcare investment platform, Nile Misr Scan & Labs.
29 Mar
News > Private Equity > Fundraising
CardinalStone Capital Advisers (CCA), a Lagos based private equity fund manager, has announced the final close of its maiden private equity fund, the CardinalStone Capital Advisers Growth Fund (CCAGF) at $64m.
24 Mar
News > Private Equity > Fundraising
RisCura has launched the South Africa’s first Impact fund of funds (FoF) series in line with the globally recognised definition of impact investing “to generate positive, measurable social and environmental impact”.