Fundraising

FMO commits $10m to fintech credit fund

DynoLabs-managed fund to provide credit to fintechs in Africa, Asia and Latin America.

Aug 22

South African proptech fund reaches final close

The Redimension Real Estate Technology and Sustainability Fund I has received commitments of about $14.1 million.

Aug 20

Sahel Capital secures investment from Mastercard Foundation Africa Growth Fund

Sahel's Social Enterprise Fund for Agriculture in Africa receives $10 million commitment.

Aug 20

Africa50 green infrastructure fund achieves first close at $118m

The first close of the Alliance for Green Infrastructure in Africa Project Development Fund.

Aug 14

Ninety One's EAAIF secures $100m from Export Finance Australia

The commitment reinforces EAAIF’s expansion to Asian markets.

Aug 1

North African fund secures $80m from the European Investment Bank

The EIB has committed $80 million to the North Africa Fund III, managed by RMBV.

Aug 1

FMO invests in Mirova Sustainable Land Fund 2

The fund has a target size of €350 million

Jul 31

South Africa: Second close for HAVAÍC's African Innovation Fund 3

Investors include Sanlam, Fireball Capital and the SA SME Fund.

Jul 29

Alterra Africa Accelerator Fund I receives commitment from Swiss DFI

The fund targets innovative companies in sectors such as agribusiness, education, and healthcare.

Jul 25

African Development Bank backs decentralised renewable energy platform

The AfDB has approved a $40 million equity investment in Project Zafiri.

Jul 21

BII and partners launch SME fund in Zambia

Growth Investment Partners Zambia has secured an initial fundraising close of $70 million.

Jul 15

FinDev Canada proposes investment in Ninety One credit fund

The Canadian DFI has disclosed a proposed investment of $20 million in the Africa Credit Opportunities Fund 3.

Jul 15

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