Global Social Impact Investments (GSI), an impact investment fund manager, has secured a €15 million commitment from the Spanish Agency for International Development Cooperation (AECID). This will increase GSI's investing capacity in high-impact African companies.
Renew Capital, an Africa-focused impact investment firm, has made an investment in Pumpkn, the South African agribusiness private credit provider.
Inside Capital Partners has completed the first close of its Inside Equity Fund II, with $55 million in commitments from the Dutch Good Growth Fund (DGGF), Terra Mauricia, and the US International Development Finance Corporation. Additionally, IFC, BIO, Swedfund, and Mauritius Investment Corporation.
Apis Partners, a UK private equity firm, has secured a $20 million commitment from Norfund for its Apis Growth Markets Fund.
The International Finance Corporation (IFC) has proposed up to $50 million in investment to B5 Plus, Ghana's leading manufacturer and supplier of iron and steel-related products.
The European Investment Bank (EIB) has committed $9.3 million to the first closing of its new $350 million regional private sector investment fund managed by SPE Capital.
