Here are summaries of the five most widely read stories this week on Africa Private Equity News.

1. AfricaGrow fund of funds invests €30m in the African market

Allianz Global Investors’ €200 million AfricaGrow fund of funds, which was launched in November last year, has made its first two investments.

AfricaGrow is a public-private cooperation between KfW Entwicklungsbank, Allianz and DEG.

The first two investment tranches of around ...