AfricInvest and Cathay Innovation Rounds off Close of €110M Pan-African Venture Fund

AfricInvest and Cathay Innovation Rounds off Close of €110M Pan-African Venture Fund

The ultimate close of Cathay Innovation and AfricInvest’s joint Pan-African Venture Fund, Cathay AfricInvest Innovation Fund, totaled €110 million. AfricInvest is an African multi-asset investing platform. The fund is supported by LPs like the EIB, AfricaGrow, FMO, Bpifrance, Triodos Investment Management, Proparco, SIFEM, BIO, and others, as well as a diverse group of well-known investors…

AfricInvest Announces Final Close of African Midcap-Focused Fund at Over $400m

AfricInvest Announces Final Close of African Midcap-Focused Fund at Over $400m

AfricInvest, a prominent investment platform engaging in private equity, venture capital, private credit, and listed equities, has announced the final close of its AfricInvest Fund IV, which raised $411 million in total commitments. AfricInvest has raised more than $2 billion to fund nearly 200 firms in various phases of development across three continents over the…