Africa Capital Digest tracked the following notable Africa-related private capital fund and investment vehicle launches during the third quarter of 2023. Here they are, ranked by size.
1) RH Managers
Fund Name: Infrastructure Impact Fund I Final Close Goal: R2 billion (or $110 million) Launched: September 2023
Infrastructure Impact Fund I will back social infrastructure investment opportunities in the healthcare, housing, and renewable energy sectors, helping to provide South Africa’s population with greater access to critical, life-enhancing solutions.
Coverage in Africa Capital Digest: RH Managers launches new impact infrastructure impact fund
2) SouthBridge Investments & On.Capital
Fund Name: Energy Go Getters Fund Final Close Goal: $100 million Launched: September 2023
The Energy Go Getters Fund will invest in African businesses at all stages of development, from early-stage startups that are developing promising technologies to more mature companies looking for an infusion of capital to grow their businesses further.
Coverage in Africa Capital Digest: SouthBridge and On.Capital launch $100mln Clean Energy Fund
3) British International Investment
Fund Name: Growth Investment Partners Ghana Final Close Goal: N/A Launched: August 2023
Growth Investment Partners Ghana is the first of several planned evergreen investment platforms designed to provide long-term. flexible capital to small and medium-sized enterprises (SMEs) in African countries, primarily in local currencies.
Coverage in Africa Capital Digest: BII launches Ghana-focused evergreen investment platform
Be the first to comment