All posts in Early stage

Silk Invest has reached the final close of its maiden Africa-focused private equity vehicle. The fund manager has attracted $32 million to the vehicle, and is expecting another $8

Dutch fund manager XSML has closed its Central-Africa fund at $19million. Central Africa SME Fund (CASF) backers include the international Finance Corporation, FMO and Lundin Foundation. The fund had

The government of Nigeria is reportedly working on plans to raise a $15 million technology fund. The fund is understood to

South Africa-based Capital Eye Investments is reportedly working on plans to launch an Africa-focused technology fund. The fund will back consumer-related technology companies, covering all investment stages - from

Medu Capital has launched Medu Capital Fund III, a private equity vehicle to invest in small and medium sized enterprises (SMEs) across Africa. The fund is targeting a $300

Schulze Global Investments has received $15m from the CDC Group, for its Ethiopia-focused Schulze Global Ethiopia Growth and Transformation Fund I. The CDC Group is a cornerstone investor in the

UK-based Miles has reached the first close of its maiden pan-African private equity fund at $200million, as it works towards a revised $450million final target. 8 Miles received its

The African Agriculture Fund (AAF), managed by Phatisa, has raised $30 million at the first close of its small and medium enterprises (SME) sub-vehicle. Ghana-based Databank Agrifund Manager has

Metier Capital and Lereko Investments have reached the first close on their Lereko Metier Sustainable Capital Fund (LMSC), with the help of three development finance institutes. The South African Public