Friday, May 1, 2026
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Tag: AfDB

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Inspired attracts return LP

A specialist investor, Inspired Evolution Investment Management has received commitment to its third Africa-focused vehicle - which is backing the GP for the third...

GP hits 1st close on upsized fund

A Côte d’Ivoire based GP has touched first close on its Sub-Saharan Africa-focused early-stage vehicle. Janngo Capital has brought in approximately $36 million (€34 million)...

Specialist investor attracts new LP

Berkeley Energy, a specialist investor, has received a commitment to its Africa-focused renewable energy fund from a US-based investor. US International Development Finance Corporation (DFC)...

AfricInvest & Cathay fund misses target

AfricInvest and Cathay Innovation have touched final close on their Africa-focused early-stage vehicle, missing its target by about 27%. The investors have brought in approximately...

Norsad raises new capital

Norsad Capital, formally Norsad Finance, has received capital from an Africa-based development finance institution. African Development Bank (AfDB) has injected $30 million worth of debt...

AfricInvest beats new hardcap on resized fund

AfricInvest has sailed to final close its fourth Africa-focused generalist vehicle, closing the fund above its new hard cap on a resized fund. The investor...