Friday, December 13, 2019

Kibo gets $12.5m for fund II

Kibo Capital Partners has received a $12.5million commitment from the African Development Bank, for its sophomore small-cap vehicle The Kibo Fund II (TKF II).

Fusion launches $150m East Africa fund

Fusion Capital has launched a $150 million East Africa regional fund, Fusion African Access.

ICEA et al. launch SME fund

Kenya-based Insurance Company of East Africa (ICEA) has partnered with the Norwegian Investment Fund for Developing Countries (Norfund) and Imara Securities to launch a $100 million private equity fund.

Horizon TechVentures fund returns 40%

Horizon Equity Partners has fully realised its Horizon’s TechVentures Fund, achieving an internal rate of return of 40% for its investors.

Cauris raises €45m for Francophone SME’s

West African Private Equity investor Cauris Management has reportedly raised €45million for its small and medium sized fund, Fonds Cauris Croissance II (FCC II).

Aureos raises $381m for SME African fund

Aureos’ Africa Fund, a private equity fund focused on small and medium-sized companies has reached $318 million, following its first closing in September 2008.

ACA raises $200m at first closing of African fund

African Capital Alliance (ACA) has held a $ 200 million first closing for its latest private equity fund - Capital Alliance Private Equity III - CAPE III