The 5 most popular stories on Africa Private Equity News the past week
Here are summaries of the five most widely read stories the past week on Africa Private Equity News.
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Here are summaries of the five most widely read stories the past week on Africa Private Equity News.
1. Swedfund invests in TLG Africa Growth Impact Fund II
Swedfund is investing $15 million in the TLG Africa Growth Impact Fund II (TLG II).
TLG II combines flexible, long-term debt to SMEs with equity participation and guarantees issued by local banks. This approach allows TLG to offer loans with tenors and interest rates that help viable but struggling SMEs recover and expand sustainably. Read the full article
2. DEG invests in Amethis fund
Germany’s development finance institution DEG has committed €13 million to Amethis Fund III, extending its long-standing relationship with the private equity firm Amethis.
The fund targets mid-sized companies across Africa, with a focus on sectors including healthcare, fast-moving consumer goods, manufacturing, business and financial services, and infrastructure-adjacent industries. Read the full article
3. DPI venture arm participates in Money Fellows' $13m fundraise
Cairo-based Money Fellows, a fintech platform, has raised $13 million in a new financing round. This strategic extension brings the total amount invested in the company to over $60 million since its inception.
This new round of investment is co-led by Al Mada Ventures (AMV) and DPI Venture Capital via the Nclude Fund, with notable contributions from Partech, and CommerzVentures. Read the full article
4. SIFEM commits $15m to BluePeak fund
Swiss development finance institution, SIFEM, has committed $15 million to the BluePeak Private Capital II fund, managed by BluePeak Private Capital.
The fund offers flexible private credit solutions to mid-sized businesses across Africa, aiming to bridge financing gaps where traditional capital is limited. It targets companies with strong growth prospects in sectors such as healthcare, logistics, and manufacturing. Read the full article
5. IFC appoints Ethiopis Tafara as Vice President for Africa
The International Finance Corporation (IFC) has announced Ethiopis Tafara as its Vice President for Africa. In this role, Tafara will lead IFC’s investment and advisory efforts across Africa.
A US national of Ethiopian origin with significant experience in senior development roles, Tafara previously served as the Vice President, Chief Risk, Legal & Sustainability Officer and Partnerships for the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) and as Vice President and General Counsel for IFC. Read the full article
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