Fundraising

IFC proposes commitment to African Infrastructure Investment Managers fund

The IFC has disclosed a proposed equity investment of $25 million in the African Transition Acceleration Fund.

Oct 16

CFM's Climate Investor Two fund closes at over $1bn

Climate Fund Managers announced the final close of its second blended finance facility.

Oct 14

Egypt: EIB proposes investment in Tanmiya fund

The European Investment Bank has disclosed a proposed equity investment of $38 million in the Tanmiya Capital Ventures Fund II.

Oct 13

IFC proposes investment in early-stage climate-tech fund

The International Finance Corporation has disclosed a proposed equity investment of up to $6 million in Catalyst Fund.

Oct 7

Avanz Capital Egypt joins Algebra Ventures Fund II as LP

Avanz Capital Egypt has joined Algebra Ventures’ second fund as a limited partner through a secondary transaction.

Sep 29

African Local Currency Bond Fund attracts $45m investment

Cygnum-managed fund receives commitment from FMO.

Sep 26

AfricInvest reaches first close of French-African Fund 3

AfricInvest Europe has announced the first closing of the third generation of its French-African Fund.

Sep 26

Nedbank CIB commits $28m to Airnergize Capital Fund I

The fund is dedicated to investing in clean technology and infrastructure across energy, water, gas, and related services.

Sep 26

Hivos-Triodos Fonds secures €30m

New backing from Dutch and Austrian development banks.

Sep 25

BII commits $20m to Acumen’s Hardest-to-Reach Initiative

The platform aims to expand access to affordable, reliable energy in underserved African markets.

Sep 24

IFC discloses proposed Ninety One infrastructure fund investment

The fund will be a 10-year closed-end global infrastructure fund.

Sep 23

Proparco backs Accion fund with $5m investment

Accion Venture Lab Fund II to make up to 30 new fintech investments.

Sep 15

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