Funds | Private Equity Africa News

The Islamic Development Bank (IsDB), a Saudi Arabia-based development finance institution has signed a commitment to a Somalia-focused vehicle, managed by the African Development...

LP signs off on regional fund

Funds April 12, 2019

A European LP has approved a commitment into a regional West Africa focused fund – which is on the road with its third vehicle. FMO...

Europe-based development finance institution (DFI) has approved a commitment into Amethis Finance’s sophomore vehicle. The European Investment Bank (EIB) has committed approximately $28 million (€25...

Uhuru attracts new LP to resized fund

Funds March 29, 2019

Uhuru Investment Partners has sealed a commitment from an Africa-based development finance institution to its maiden vehicle, the re-sized Uhuru Growth Fund I. The African...

Early-stage fund beats target by 10%

Funds March 29, 2019

Early-stage investor 500 Startups has reached the final close of its emerging markets fund, closing the vehicle at 10% over target. The investor, 500 Startups, ...

GP beats fund target on reopened fund

Funds March 29, 2019

Meridiam has sailed to close its maiden Africa-focused vehicle, Meridiam Infrastructure Africa Fund (MIAF), beating its target with over $600 million raised. MIAF has been...

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