The Empower Africa Business Platform is Now Live !!!

Sahel Capital has secured $29 million in initial commitments for its newest agribusiness investment vehicle, the Sahel Capital Agribusiness Fund II (SCAF II), marking the first fundraising milestone for the firm’s latest growth equity effort.

Proparco, the French development finance institution, has pledged $42 million toward the initial closing of African Development Partners IV (ADP IV), the newest investment fund managed by London-based private equity firm Development Partners International (DPI).

Uncovered Fund, a Tokyo-based venture capital firm, has teamed up with Japanese financial services group Monex Ventures to roll out the Uncovered Monex Africa Investment Partnership (UMAIP)—a $20 million fund designed to fuel early-stage innovation across Africa and the Middle East.