With a track record of over 25 investments in 14 countries, Amethis has already significantly impacted Africa’s private equity landscape. The new fund will enable the firm to continue supporting entrepreneurs and businesses, making a difference in Africa’s future. The $490 million fund will focus on investing in high-growth sectors such as healthcare, education, financial services, and consumer goods. Amethis’ latest move comes at a time Africa’s private equity market is rapidly evolving, with the pan-African fund a clear demonstration of the firm’s commitment to driving sustainable socio-economic development on the continent.
AfDB has launched a $1 billion fund called the African Climate Risk Insurance Facility for Adaptation (ACRIFA) to insure African farmers.
Antler, the globally renowned early-stage venture capital firm, is expanding its horizons to North Africa by launching a transformative $60 million early-stage fund.
The Microsoft-backed FAST (Foundation for African Startups and Technology) Accelerator has announced the selection of 12 promising startups from across Africa for its highly competitive AI program.
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