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”.
24 Mar
News > Private Equity > Fundraising
HSBC Asset Management and IFC have announced the final closing of the HSBC Real Economy Green Investment Opportunity GEM Bond Fund (REGIO), boosting access to climate finance and helping further develop the market for green bonds.
16 Mar
News > Private Equity > Fundraising
Savannah Fund, Africa’s technology venture capital firm, has launched Savannah Fund II, a $25m fund that will invest in early-stage startups across sub-Saharan Africa with a focus on supporting women entrepreneurs and disruptive companies in high-growth sectors.
9 Mar
News > Private Equity > Fundraising
SunFunder has fully closed its oversubscribed $70m Solar Energy Transformation (SET) Fund, a blended finance vehicle focused on distributed solar and storage investments in Africa and Asia.