Apis Partners closes Fund III at US$1.23bn
Apis Partners, a private equity firm investing in tech-enabled businesses in financial infrastructure and services, has announced the final close of Apis Global Growth Fund III and Apis Growth Markets Fund III (collectively Fund III). The funds raised combined commitments of $1.23 billion, excluding co-investments. This is more than double its predecessor, Apis Growth Fund II, which closed at $563 million.
Source: Africa Private Equity News
Appian Capital Advisory acquires copper project
Appian Capital Advisory Limited (“Appian”), the investment advisor to long-term value focused private capital funds investing in companies in metals, mining, and adjacent industries, today announced that it has acquired an 95% controlling equity interest in the Omitiomire copper project (“Omico Copper”) in Namibia.
Source: Appian Capital Advisory
Barka Capital in Ivorian biocosmetics deal
Barka Capital has committed to a joint equity investment in Laboratoires Adeba alongside CDC-CI Capital, Côte d’Ivoire’s sovereign investment arm.
Source: Africa Private Equity News
Bellatrix Investment Managers launches the Ndjaba Seed Fund
Namibia-based Bellatrix Investment Managers has launched the Ndjaba Seed Fund, a early-stage vehicle aimed at supporting businesses across Southern Africa.
Source: Africa Private Equity News
Climate Fund Managers invests in green efuels producers
Cape Town, 18 May 2026: Climate Investor Three, through its affiliate SA-H2 Fund, a blended finance facility managed by Climate Fund Managers in partnership with Invest International, has signed a Development Funding Agreement with Green eFuels Producers (GeFP) to support the development of a first-of-its-kind green methanol production facility in Gauteng, South Africa.
Source: Climate Fund Managers
Edge Growth Ventures backs Siyanqoba
Siyanqobangamandla Engineering Services (Siyanqoba), a 100% black woman-owned and managed engineering company based in eMalahleni, has recently been awarded a significant investment by the Abadali Fund, a Black Business Growth Fund which forms part of the Abadali Equity Equivalent Investment Programme (EEIP). This is a South African economic inclusion initiative by the Department of Trade, Industry and Competition (DTIC) in partnership with J.P. Morgan, and is managed by Edge Growth Ventures.
Source: Edge Growth
Ninety One backs sustainable aviation fuel project
The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, today announced a senior secured loan of $40 million to support the development of Egypt’s first sustainable aviation fuel production facility.
Source: Africa Private Equity News
Oikocredit invests in a blended finance vehicle
Oikocredit invests in Hummingbird One, a blended finance vehicle supporting early-stage renewable energy companies in Sub-Saharan Africa.
Source: Oikocredit