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Francophone Africa-focused Janngo Capital set to get LP for startup fund

Finance

05 April, 2024

Francophone Africa-focused Janngo Capital set to get LP for startup fund

Janngo Capital, a Francophone Africa-focused multi-stage venture capital firm that backs tech-based small and medium enterprises, is set to rope ......

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Apple's Chinese supplier Lingyi taps foreign investor for India expansion

Manufacturing

04 April, 2024

Apple's Chinese supplier Lingyi taps foreign investor for India expansion

An Indian step-down subsidiary of Chinese consumer electronics component maker Lingyi iTech (Guangdong) Co Ltd is set to raise as much as ......

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Mauritian PE firm Adenia Partners closes fifth fund with oversubscription

Finance

03 April, 2024

Mauritian PE firm Adenia Partners closes fifth fund with oversubscription

Adenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa, has marked the final close of ......

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Why Dutch PE firm XSML Capital is limiting equity exposure in African deals

Finance

01 April, 2024

Why Dutch PE firm XSML Capital is limiting equity exposure in African deals

XSML Capital, an Africa-focused Dutch private equity firm, that backs small- and mid-sized businesses across Central and Eastern Africa, is ......

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Palestinian VC Ibtikar Fund may get European LP for second fund

Finance

29 March, 2024

Palestinian VC Ibtikar Fund may get European LP for second fund

Ibtikar Fund, the conflict-stricken Palestine’s only venture capital firm, which backs early-stage Palestinian-founded startups in the West Bank, Gaza, and ......

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Solcon Capital's CEO on IFC partnership, India-Africa deal split and more

Finance

22 March, 2024

Solcon Capital's CEO on IFC partnership, India-Africa deal split and more

Late last month, International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, formed a co-investment platform ......

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Investec-backed Ninety One gets key LP for $500-mn Africa private credit fund

Finance

19 March, 2024

Investec-backed Ninety One gets key LP for $500-mn Africa private credit fund

Global asset manager Ninety One Plc, which was formed after demerger of Investec Asset Management from Investec in 2020, is ......

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BluSmart backer responsAbility gets another LP for $500-mn Asia climate fund

Infrastructure

18 March, 2024

BluSmart backer responsAbility gets another LP for $500-mn Asia climate fund

Switzerland-based impact investor responsAbility Investments AG is set to bring on board another limited partner for its Asia-focused climate fund that seeks ......

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Darwinbox backer Endiya Partners taps returning LP for third VC fund

Finance

12 March, 2024

Darwinbox backer Endiya Partners taps returning LP for third VC fund

Early-stage venture capital firm Endiya Partners, which formally launched its third fund last month, is set to secure a commitment ......

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Decoding IFC-Solcon's game plan for deep-tech investments in India, South Africa

TMT

04 March, 2024

Decoding IFC-Solcon's game plan for deep-tech investments in India, South Africa

A co-investment platform recently set up by International Finance Corporation (IFC) and a South African private investment firm plans to ......