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The European Bank for Reconstruction and Development (EBRD) is considering an investment of up to €40 million in Amethis MENA Fund III, a new private equity vehicle focused on supporting the growth of small and medium-sized businesses across North Africa and parts of the Middle East.

South Africa’s Commercial Energy South Africa (CESA), a subsidiary of renewable energy developer SolarAfrica, has secured a R635 million (approximately $39.5 million) investment from African mezzanine debt specialist Vantage Capital, with participation from co-investor Greenpoint Capital.

The European Investment Bank (EIB) has pledged $60 million to support the climate-focused initiatives of LeapFrog Investments, a private equity firm targeting green growth in emerging markets.