Tania Pringle’s Post

Exciting News! ACOF Raises R150 Million from Institutional Investors We are thrilled to announce that the Altvest Credit Opportunities Fund (ACOF) has successfully raised an additional R150,000,000.00 from institutional investors! This remarkable achievement brings our total assets under management to approximately a quarter of a billion AUM. At Altvest, we are committed to empowering South African entrepreneurs to grow their businesses, uplift their communities through employment, and upskill the workforce. This new allocation is a testament to our dedication to making a positive impact on the lives of South Africans. This milestone is not just a win for Altvest but for South African businesses and our people at large. We are passionate about people who are passionate about South African business. With our new funding, ACOF is ready to provide the growth capital your business needs to skyrocket its growth and success. Apply for SME Funding: If you're a South African SME looking for growth capital, corporate advice, or financial and educational resources, apply now at acof.co.za. Refer a Friend: Know someone who could benefit from our funding? Refer them to us! For inquiries, email us at info@altvestcapital.co.za. To view the full SENS announcement, click here: https://lnkd.in/dTGu-R_K Together, let's build a brighter future for South Africa! #Altvest #ACOF #FundingSuccess #EmpoweringEntrepreneurs #EconomicGrowth #SouthAfricanBusiness For more details, visit our website acof.co.za or contact us directly at info@altvestcapital.co.za.

"What we do differently from other providers is that we actually walk the journey with them. The support is lifelong. For as long as you need us, we're there to support you." Itumeleng Dhlamini, head of programmes as South Africa’s SAB Foundation, shares the secrets to why 90% of its social enterprise investees are still in business five years later. https://buff.ly/4aWB83Y #SouthAfrica #catalyticcapital #impactfinance

Adenia Partners Ltd. Secures Record $470 Million for Largest Africa-Focused Fund Adenia Partners Ltd. has successfully raised $470 million for its latest Africa-focused fund, marking its most significant fund. The fund attracted diverse new investors, including Norfund AS, the US International Development Finance Corp., and Canada's Findev Inc., alongside Africa's largest fund manager, the Public Investment Corp. Ltd., and various Ghanaian and Kenyan pension funds. Adenia's fifth fund aims to amplify its impact across the continent, with Managing Director Alexis Caude announcing an increased average equity check size of about $40 million for target investments. This strategic move is a testament to Adenia's commitment to driving substantial growth and transformation in key African economies by securing controlling stakes in promising businesses across various sectors. With a 20-year track record on the continent and a strategy focused on commanding leadership in its investments, Adenia stands poised to navigate the complexities of Africa's economic landscape, delivering on its promise of robust returns and strategic exits despite prevailing financial challenges. #AdeniaPartners #AfricaInvestment #PrivateEquity #EconomicGrowth #Fintech #Healthcare #Telecommunications

✨ We are excited to announce that the AVCJ Australia & New Zealand Forum (https://lnkd.in/g6Xy_cJp) will return to Sydney next year, taking place at the Four Seasons Hotel and online from 📅 4-6 March 2025. 📝 AVCJ Australia is a must-attend event for leaders in the alternative investments industry. From #privateequity to #venturecapital funds, superannuation funds, private wealth #advisors, and family offices, the AVCJ Forum is where the community gathers to exchange ideas, connect with peers, and meet future business partners. Last year saw a record turnout of over 285 #LPs, and we anticipate an even larger gathering in 2025. ⏰ Save the date and get ready for an exceptional AVCJ experience! 👉 Register now to save 30%: https://lnkd.in/gaMM2dmC #AVCJANZ #Australia #LP #GP #alternativeinvestments #fundraising #buyout #deal

The government’s focus on PPPs and PIPs instead of tapping into the NSE is baffling. The primary and secondary markets could easily be used to raise funds for critical projects, from roads and hospitals to housing and energy. But instead, we hand over our core projects to foreigners who extract value and leave us with scraps. It’s like selling your best cow for a handful of beans—foolish and short-sighted.

Investisseurs & Partenaires - I&P has been selected to manage a new multi-donor fund-of-funds targeting investment opportunities in funds investing in African agricultural SMEs - https://lnkd.in/eysNJe9K - the #impactinvestment firm beat other contenders to win the management mandate for the Financing for Agricultural SMEs in Africa Fund (or FASA Fund) which aims to raise a total of $200 million. Jeremy Hajdenberg Clémence B. Sebastien Boyé #africa #privateequity #DFI #fundlaunch #SME #news #africaprivateequity #africanpe

The ALCB Fund has invested XOF 6 billion (USD 10 million) in the second securitisation of West African Development Bank (BOAD), the first multi-tranche securitisation in the #WAEMU region. The XOF 160 billion (USD 270 million) securitisation is composed of three tranches. The mezzanine tranche of XOF 28.75 billion (USD 50 million), rated AA+ by GCR West Africa, was offered to institutional investors, including the ALCB Fund, while the other classes were fully subscribed by BOAD. This is the first time in the WAEMU region where a multi-tranched securitisation has been issued, and the first by an African-DFI with the intent of providing capital relief to facilitate portfolio growth. The issuance will support BOAD’s capacity to provide funding to developmental sectors such as infrastructure, agriculture, health and education. The ALCB Fund played an active role in the structuring of the operation, playing an anchor investor role, with their investment earmarked to private sector projects in the WAEMU region. BOAD Titrisation acted as arranger and fund manager. Impaxis Securities acted as lead bookrunner. ALCB Fund is managed by Cygnum Capital. Read more here: https://lnkd.in/eq2V7VRd #africanbusiness #sustainabledevelopment #capitalmarkets #inclusivegrowth #waemu #privatesector #dfi #sdgs

We’re proud to have partnered with the Development Bank of Namibia, through its National Mentorship and Coaching Program (NMCP) to host a Private Equity Bootcamp focused on mentoring Namibian SME owners and managers on how private equity could support their business growth. Through our corporate social responsibility arm Eos Cares, and together with the NMCP, our teams worked to bridge financial knowledge gaps for SMEs, helping foster a more financially empowered and investment-ready SME sector in Namibia. #EosCapital #EosCares #PrivateEquity #NewDawn

SEC Plans To Launch Capital Formation Office For MSME The Securities and Exchange Commission (SEC) has announced plans to create a dedicated Capital Formation Office to support Nigerian MSMEs seeking to raise capital. At the 2024 National MSME Conference, SEC’s Director-General, Dr. Emomotimi Agama, emphasized the office's mission to unlock financing opportunities for small businesses through equity financing, bonds, and crowdfunding platforms. With Nigeria’s MSMEs at the core of economic growth, SEC is focused on enabling scalable financing solutions for sectors like agriculture, fashion, and creative industries. This initiative is a vital step in aligning capital markets with the ‘GROW Nigerian’ vision.  🔗 https://lnkd.in/grqxbGUY #SEC #MSMEGrowth #CapitalFormation #Nigeria #FinancialInclusion #EconomicGrowth

The proof of our enthusiasm for talking will be in identifiable, measurable and additional funding. But most of the conversation I'm party to tell me it's getting harder to attract private sector partners willing to push through CSR and ESG mind-sets. Further, that there too few futures-thinking financiers (in governmental and private sector and even family domains who cannot/will not see that the trillions of phantom funds they hold will be no use to the 10% if not used NOW and AT SCALE to transform the devastating constructs (political, economic, social) that a minority of human beings have devised to make themselves rich at the expense of others and our planetary home.