Fundraising

South Africa: Summit Africa fund secures IFC commitment

South African private equity firm Summit Africa has signed a $20 million investment from the IFC.

Nov 26

African Development Bank commits to Adenia fund

The fund, managed by Adenia, will channel growth capital to small- and mid-cap companies.

Nov 25

Chui Ventures announces close of Fund I

The fund backs local African founders building mass-market, tech-enabled solutions across sub-Saharan Africa.

Nov 25

South Africa's PIC invests $30m into Enko Capital's private credit strategy

The fund is targeting a final close of $150 million in second half of 2026.

Nov 24

Novastar Ventures fund attracts Spanish LP

The Spanish Agency for Development Cooperation has approved an investment in the Novastar Ventures Africa People and Planet Fund III.

Nov 20

First Circle Capital raises $6m from IFC

The firm focuses on pre-seed and seed-stage companies solving challenges in financial services.

Nov 18

Japanese LP commits to Helios fund

The Japan International Cooperation Agency has made a $50 million commitment to the Helios Investors V fund.

Nov 17

IFC proposes investment in Catalyst MENA Climate Fund II

The fund will invest in climate-mitigation and adaptation projects.

Nov 13

IFC proposes investment in Actis fund

The International Finance Corporation has disclosed a proposed equity investment in the Actis Energy 6 Fund.

Nov 12

Mediterrania Capital Partners announces DEG commitment

German development finance institution DEG has committed €35 million to Mediterrania Capital IV.

Nov 10

Amethis locks in nearly €150m for SME expansion strategy

Fund targets European mid-sized companies expanding into Africa.

Nov 7

Ventures Platform reaches $64m first close for Pan-African Fund II

The fund is targeting a final close of $75 million.

Nov 7

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