Giant US foundation backs $1bn Africa strategy
A US-based foundation that has billions in assets has anchored an Africa-focused fund. The foundation is part of a consortium of limited partners (LPs)...
Aruwa delivers follow-on footwear deal
Aruwa Capital Management has sealed a follow-on growth equity deal to back a Nigeria-based industrials company focused on the safety footwear space.
The fund manager...
Two players set up $810m platform
Two specialist investors have signed a pact to create an investment platform that will back and manage renewable energy deals. The size of the...
Amethis back on trail with regional fund
Amethis is back on the fundraising trail with a regional fund targeting the Middle East and North Africa (MENA).
The investor is on the road...
Ascent Capital portco gets new capital
Ascent Capital’s Ethiopia-based industrials portfolio company has lined up new capital from a new player. The deal sees the company’s founder inject new capital...
LP loses key funds and deals player
A limited partner (LP) investor has seen the departure of an investment manager after almost a decade at the firm. She worked on key...