Private Equity

Africa

Equator joins climate fundraising boon with $40m first close

The fund's investors include British International Investment, the Global Energy Alliance for People and Planet, UK charity Shell Foundation and DOEN Participaties.

2 min read · 06 April 2023

Partech finds strong demand for sophomore Africa fund

The anchor investor is German development bank KfW, and other LPs include the European Investment Bank, International Finance Corporation, Dutch entrepreneurial development bank FMO and Bpifrance Investissement.

3 min read · 07 February 2023

Faith drives college student to launch impact firm

Ben Finlay, who is in his last semester at Princeton University studying religion, recently founded Plesion Capital to make impact investments in Africa. It is targeting $10m for its debut fund.

3 min read · 09 January 2023

Friday Letter: Fundraising is going to get a lot tougher

Preliminary data from placement agent Probitas Partners’ annual survey of institutional investors shows a sharp decline in interest in VC funds around the globe.

3 min read · 04 November 2022

Why BKR Capital's Birikundavyi is especially excited about edtech

Fresh off of raising $18.5m for its Black Innovation Fund, the Canadian VC firm is prioritizing investments in edtech, proptech, web3 and e-commerce.

4 min read · 20 September 2022

Seedstars holds first close on emerging market fund

The fund's target is $30 million.

2 min read · 25 July 2022

In brief: Launch Africa Ventures closes debut fund at $36.3m

Launch Africa typically backs companies in their seed and pre-series A stages.

2 min read · 20 June 2022

Antler continues global expansion as it closes East Africa fund

Founder Magnus Grimeland said regulations are easing in many emerging markets, making it simpler for founders to start businesses.

2 min read · 10 March 2022

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