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Day: February 27, 2025
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Summit Africa Launches Private Equity Fund with $20 Million Anchor Investment from BII
Summit Africa, a South African fund manager, has launched its second private equity fund, Summit Private Equity Fund II (SPEF II), with an initial $20 million anchor investment from British International Investment (BII), the UK’s development finance institution and impact investor.
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Supamoto Receives $4.3 Million Investment from PIDG and EDFI for Clean Cooking Expansion in Zambia
The Private Infrastructure Development Group (PIDG) and EDFI Management Company, through the Electrification Financing Initiative (ElectriFI), have committed €4 million to support the expansion of Emerging Cooking Solutions (Supamoto) in Zambia.
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Gozem Raises $30 Million in Series B Funding to Expand Digital Services in Francophone Africa
West African super app Gozem has raised $30 million in Series B funding to drive its expansion and enhance digital services across Francophone Africa.