🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

AIIM closes pan-Africa Infra Fund IV with oversubscription

VCCircle

VCCircle · 1y ago

AIIM closes pan-Africa Infra Fund IV with oversubscription

African Infrastructure Investment Managers (AIIM) has closed its fourth pan-African investment vehicle, African Infrastructure Investment Fund 4, at a hard cap of $748m. The fund, which focuses on infrastructure development in Africa, exceeded its target by 50%, attracting commitments from investors globally. AIIM has raised over $4bn across eight funds and executed more than 70 transactions in target pan-African markets. The fund invests in digital infrastructure, energy transition, and mobility and logistics sectors. AIIM has committed 60% of the AIIF IV in seven projects so far.

Related News

AIIM gets fatter cheque from returning LP for new pan-Africa fund

VCCircle

VCCircle · 1y ago

AIIM gets fatter cheque from returning LP for new pan-Africa fund

AIIM, the infrastructure asset manager in Africa, has received a significant investment from a European institutional investor for its fourth pan-African fund. The private equity firm has gained support from a returning limited partner, German development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG). The investment will contribute to the growth of AIIM's fund, aimed at infrastructure development across Africa.

South African PE firm Metier closes latest fund, tops target

VCCircle

VCCircle · 1y ago

South African PE firm Metier closes latest fund, tops target

South African private equity firm, Metier, has successfully closed its latest fund, raising over $219 million, exceeding its target of $200 million. The Johannesburg-based firm specializes in investing in mid-market companies in Sub-Saharan Africa. The oversubscription of the Metier Capital Growth Fund III indicates investor confidence in the region despite challenging market conditions.

Africa-focused PE XSML Capital marks first close of fourth fund

VCCircle

VCCircle · 1y ago

Africa-focused PE XSML Capital marks first close of fourth fund

XSML Capital, a Dutch private equity firm focused on investments in Africa, has announced the first close of its fourth fund. The African Rivers Fund IV (ARF IV) raised $98.7m, surpassing the previous fund's size. ARF IV has a target of $135m and aims to make over 50 investments in small and medium-sized enterprises (SMEs) across Central and Eastern Africa. The fund has already attracted investment from various European institutional investors including British International Investment, FMO, Norfund, IFC, SIFEM, and Swedfund. XSML Capital plans to open an office in Zambia in 2024.

Inside Adenia Partners’ game plan for new PE fund to back small, mid-size firms

VCCircle

VCCircle · 4m ago

Inside Adenia Partners’ game plan for new PE fund to back small, mid-size firms

Adenia Partners, an Africa-based private equity firm, is raising a new investment vehicle to support small- and mid-cap opportunities. After closing its $470 million fifth fund with oversubscription, the new fund aims to run alongside its flagship vehicles. Adenia's Head of Investor Relations, Mack Schow, emphasizes their commitment to fostering growth in mid-sized firms across Africa, leveraging their experience and strategic vision for impactful investments.

African PE firm Mediterrania Capital Partners marks final close of Fund IV

VCCircle

VCCircle · 2m ago

African PE firm Mediterrania Capital Partners marks final close of Fund IV

Mediterrania Capital Partners (MCP), a Malta-based private equity firm, has closed its fourth fund, Mediterrania Capital IV Mid Cap (MC IV), with commitments of €600 million. Targeting small and medium enterprises and mid-cap businesses across North and West Africa, the fund focuses on sectors like healthcare, financial services, and FMCG. The 10-year closed-ended fund plans to invest in 10 companies, including substantial minority or majority stakes, and has already committed capital across five deals.

French PE firm Amethis gets another US LP for pan-African fund

VCCircle

VCCircle · 10m ago

French PE firm Amethis gets another US LP for pan-African fund

- French private equity firm Amethis secures new US limited partner for its pan-African fund - Amethis manages a portfolio of over 40 companies in Africa and Europe - The firm has onboarded another US investor for its third pan-African investment vehicle - Amethis manages assets worth over $1.2 billion - The new US limited partner has committed $40 million to the fund

African PE firm Alterra Capital gets offshore LP for $400-mn fund

VCCircle

VCCircle · 4m ago

African PE firm Alterra Capital gets offshore LP for $400-mn fund

Alterra Capital Partners, a Johannesburg-based private equity firm focused on Africa, has secured an international limited partner for its pan-African mid-cap fund. This commitment adds to their $400 million Alterra Africa Accelerator Fund, which supports high-growth African companies. Established in 2020 by former members of the Carlyle Africa team, Alterra Capital aims to leverage its regional expertise to foster economic development and growth across African markets.

Partech Closes Second Africa Fund, at €280M

Finsmes · 1y ago

Partech Closes Second Africa Fund, at €280M

Partech, a technology investment firm, has successfully closed its second Africa fund, Partech Africa II, at €280M ($300M+). The fund will focus on investing in African companies in sectors such as education, mobility, finance, healthcare, delivery, and energy. Led by General Partners Tidjane Deme and Cyril Collon, Partech Africa II will provide funding ranging from $1M to $15M for companies at various stages, from seed to Series C rounds. The aim is to support African companies and founders in their growth journey both locally and internationally.

African VC Janngo marks final close of second fund with oversubscription

VCCircle

VCCircle · 9m ago

African VC Janngo marks final close of second fund with oversubscription

Janngo Capital, a venture capital firm focused on tech-based small and medium enterprises in Francophone Africa, has successfully closed its second investment fund with oversubscription. The Startup Fund, backed by the International Financial Corporation (IFC), exceeded its initial target of $65 million by securing 20% more commitments. Janngo aims to support and invest in African startups that have the potential to drive economic growth and social impact in the region.

Mauritian PE firm Adenia Partners closes fifth fund with oversubscription

VCCircle

VCCircle · 1y ago

Mauritian PE firm Adenia Partners closes fifth fund with oversubscription

Mauritian private equity firm, Adenia Partners, has successfully closed its fifth investment fund, attracting commitments from new and existing investors globally. The fund exceeded its target, allowing the firm to continue its focus on mid-sized businesses across Africa. Adenia Partners has previously invested in 30 different companies, including Cellcom, a leading telecommunications provider in West Africa.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Download the medial app to read full posts, comements and news.