Fundraising

Kuramo closes African investment mandates worth about $500m

The firm secured capital predominantly from African pension funds and development finance institutions.

Jul 9

E Squared invests in Old Mutual Private Equity Fund VI

The commitment is E Squared’s first investment in a private equity fund.

Jul 9

Swedfund adds $5m to TLG Africa Growth Impact Fund II

The additional investment brings Swedfund’s total commitment to the fund to $20 million.

Jul 8

Kuramo Africa Opportunity Fund IV reaches first close

The fund will invest primarily in high-growth businesses across Nigeria.

Jul 7

Catalyst Fund reaches $30m second close

Catalyst Fund has reached the second close for its Catalyst Climate Resilience Fund I.

Jul 3

TLG Capital fund reaches $120m second close

The second close is led by Proparco and Calvert Impact Capital.

Jun 30

Capitalworks launches new South African PE fund with backing from IFC and Standard Bank

The fund will target established mid-market companies across sectors including FMCG, logistics, retail, hospitality and tourism.

Jun 29

Impact Fund Denmark closes $750m SDG Fund II

The fund invests in companies across 13 developing and emerging markets.

Jun 27

IFC discloses proposed $15m investment in IMG Fund I

IMG Fund I plans to invest in seven to 10 lower mid-cap companies in Morocco.

Jun 25

PIDG backs BlackRock-linked fund; seeks to drive private capital to African infrastructure

PIDG will support the GIP Infrastructure Resilience Development Fund through a $6.4 million first-loss catalytic capital investment.

Jun 24

Holocene Ventures Fund I reaches final close

The fund invests in early-stage climate tech companies.

Jun 15

LP proposes investment in Amethis fund

The EBRD has disclosed a proposed investment of up to €40 million in the Amethis MENA Fund III.

Jun 12

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