Fundraising

South Africa: IFC proposes commitment to Summit Africa fund

The Summit Private Equity Fund II has a target size of $140 million.

Apr 30

Aruwa Capital Management raises $35m at second close

Lagos-based Aruwa Capital Management has raised 90% towards its $40 million target for its second fund.

Apr 28

IFC proposes investment in Lendable MSME Fintech Credit Fund II

The IFC investment will be used to finance fintech companies in Africa, Asia, and Latin America.

Apr 25

EIB commits $60m to LeapFrog Investments

The EIB has committed $60 million to the Climate Investment Strategy of PE firm LeapFrog Investments.

Apr 24

FSD Africa Investments backs ARM-Harith fund

FSD Africa Investments is investing £10 million into ARM-Harith’s Climate and Transition Infrastructure Fund.

Apr 15

New GX Capital and RMB Ventures launch new fund

New GX Capital and RMB Ventures have launched the Airnergize Capital Fund I.

Apr 11

AfricInvest fund receives €26m commitment

Swedfund has invested €26 million in AfricInvest’s Financial Inclusion Vehicle.

Apr 8

South Africa’s Public Investment Corporation commits to Africa50

The Public Investment Corporation has made an investment of $40 million.

Apr 7

IFC proposes investment in $1bn TPG fund

The fund will focus on growth-stage climate-themed investments across emerging markets.

Apr 4

Triple Jump’s Financial Inclusion Resilience Fund hits $85m

FIRF provides subordinated debt to financial intermediaries that serve MSMEs and low-income borrowers.

Apr 1

Inspired Evolution announces final close of Evolution III Fund

The fund has secured total commitments of $238 million.

Mar 27

Norfund commits to Inside Capital fund

Norfund has announced a $7.5 million investment in the Inside Equity Fund II.

Mar 24

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts