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GPs and LPs Activities

Africa Finance Review Team

• 1 min read
GPs and LPs Activities

A weekly round of GPs and LPs activities.

  • 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.