Author: Fred Kennedy
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AIF Market Days Close with $15.3 Billion in Investment Interest for 39 African Projects
The 2025 edition of the Africa Investment Forum (AIF) Market Days concluded in Rabat, Morocco, with a total of US$15.3 billion pledged for 39 bankable projects.
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Africa’s $150 Billion Infrastructure Gap — and What It Means for the Continent’s Future
Africa faces a $150B yearly infrastructure gap. Explore the causes, climate-finance shortfall, and opportunities for investment across key sectors.
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Summit Africa Secures IFC Backing for $175 Million SPEF II Fund
South African private-equity firm Summit Africa has secured a US$20 million commitment from the International Finance Corporation (IFC) toward its second fund, Summit Private Equity Fund II (SPEF II).
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FSD Africa Launches US$30 Million Fund to Expand Insurtech Growth Across Africa
FSD Africa has unveiled a US$30 million venture fund, the Inclusive Insurtech Investment Fund (3iF), aimed at inviting more private capital into the continent’s insurtech industry.
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AfDB Approves $15 Million Investment in Adenia Fund to Boost Small and Mid-Sized Firms
The African Development Bank (AfDB) has approved a $15 million equity injection into Adenia Entrepreneurial Fund 1 (“AEF 1”), a private-equity vehicle managed by Adenia Partners.
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Jackfruit Network Gets $5 Million from TLG and IDP Foundation to Scale Lending to Low-Cost Kenyan Schools
Kenya-based SME lender Jackfruit Network secured a US$5 million financing facility backed by TLG Capital and the IDP Foundation.
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Chui Ventures’ First Fund Hits $17.3m as It Accelerates Investment in African Startups
Chui Ventures, the pan-African early-stage venture capital firm with a gender-inclusive investment philosophy, has closed its maiden Fund I at US$17.3 million, comfortably surpassing its initial target of US$10 million.
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Cairo HR Tech Startup Bluworks Raises $1 Million to Accelerate Regional Expansion
Cairo-based HR tech startup Bluworks has raised $1 million in a seed funding round to support its expansion across Egypt and into the broader Middle East and North Africa (MENA) region.
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Enko Capital Secures $30 Million from PIC to Grow Private Credit Access Across Africa
South Africa’s state-owned asset manager, the Public Investment Corporation (PIC), has committed $30 million to a private-credit vehicle run by the Africa-focused alternative investment firm Enko Capital.