Friday, September 11, 2026
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Tag: AfDB

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VC fund attracts new LP

A venture capital player has attracted a new LP to its early-stage fund, with the capital earmarked for its first close. Africa Development Bank (AfDB)...

Investors set up $80bn Africa platform

A consortium of ten development finance institutions (DFIs) has launched  an Africa-focused investment platform which seeks to invest up to $80 billion in the...

Alitheia fund closes on target

Alitheia Identity Managers (AIM) has touched final close on its Sub-Saharan Africa (SSA)-focused vehicle, bringing in the exact amount of capital it set out...

LP signs off on specialist fund

An Africa-based development finance institution has approved a commitment to ARCH Emerging Markets Partners’ specialist East Africa-focused vehicle. The African Development Bank (AfDB) has committed...

DPI beats fund target with over 25 1st time LPs

Development Partners International (DPI) has hit final close on its third vehicle beating target by about 12.5%. The investor has altogether raised over one...

Adiwalé fund touches final close

Adiwalé Partners has touched final close on its maiden Francophone West Africa-focused vehicle, missing the target by 20%. The investor has brought in approximately $69.6...