The Empower Africa Business Platform is Now Live !!!
The fund has attracted backing from a diverse group of investors, including Aliko Dangote, David Rubenstein, Bill Conway, Norfund AS, Standard Bank Group Ltd., International Finance Corp., Germany’s Deutsche Investitions- und Entwicklungsgesellschaft GmbH, and Allianz SE’s AfricaGrow fund.
Alterra Capital Partners plans to invest in a range of sectors across Africa, including telecommunications, technology, logistics, healthcare, consumer goods, and retail.
The firm is targeting companies that are well-positioned to benefit from Africa’s growing population and rising incomes.
The launch of Alterra Capital Partners’ Africa-focused fund is a sign of the growing interest from investors in the African continent.
Africa is home to the world’s fastest-growing population and a rapidly expanding middle class.
This is creating a growing demand for goods and services, which is attracting investment from both domestic and international investors.
Alterra Capital Partners’ fund is well-positioned to capitalize on the investment opportunities in Africa.
The firm has a team of experienced investment professionals with a deep understanding of the African market.
Alterra Capital Partners also has a strong track record of success, having generated attractive returns for investors in its previous fund.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

South African travel technology company TurnStay has secured a $300,000 funding round from DFS Lab and Digital Currency Group (DCG), both headquartered in the United States.

The African Development Bank (AfDB) has approved a $20 million trade finance guarantee for Access Bank Zambia, a move expected to strengthen small and medium-sized enterprises’ (SMEs) ability to participate in cross-border trade and access critical imports.

Founded in 2016, Kasha aims to bridge the gap in access to women’s health products and personal care items, addressing the challenges faced by many women in obtaining these essential items discreetly and conveniently.