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

1. Ascent announces first close of Ascent Rift Valley Fund II

African private equity fund manager Ascent announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than $100 million, exceeding its initial target of $80 million. The final close of ARVF II, with a target of $120 million, is expected in December 2021.

ARVF II w...