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A MESSAGE FROM OUR SUPPORTERS

Standard Bank wins global awards for Investment Banking and Sustainable Finance

Standard Bank Group, Africa’s largest bank by assets, has been recognised as a Regional Winner for Sustainable Finance and Best Investment Bank in Africa at the 2026 Global Finance Awards. Read more

Here are summaries of the five most widely read stories the past week on Africa Private Equity News.

1. Inspired Evolution backs CrossBoundary Energy

Inspired Evolution has announced a $40 million investment in CrossBoundary Energy, a developer, owner, and operator of distributed renewable energy solutions for commercial and industrial clients across sub-Saharan Africa.

The investment, made through Inspired Evolution’s Evolution III fund, will support the development, construction, and expansion of CrossBoundary Energy’s portfolio of renewable energy assets, including solar PV, battery energy storage systems, and hybrid energy solutions. Read the full article

2. Apis Partners closes $1.23bn Fund III

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. Read the full article

3. Sabou Capital secures Mastercard Foundation Africa Growth Fund investment

Sabou Capital, a Nigeria-based impact fund, has secured an anchor investment from the Mastercard Foundation Africa Growth Fund, a $200 million fund supporting African-owned and led investment vehicles to drive inclusive growth across the continent.

The firm, led by partners Surayyah Ahmad and Christian Amouo, seeks to invest in tech-enabled SMEs across secondary regions. It aims to unlock growth for businesses across West and Central Africa that are often overlooked despite strong fundamentals. Read the full article

4. Ninety One-managed EAAIF backs sustainable aviation fuel project

The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has announced a senior secured loan of $40 million to support the development of Egypt’s first sustainable aviation fuel production facility.

The $212.4 million project, located in the Sokhna Special Economic Zone, will be owned and operated by Green Sky Capital Limited and its local subsidiary, SAF Fly Egypt. The facility is designed to produce 200,000 tonnes per annum of biofuels, including sustainable aviation fuel, hydrotreated vegetable oil, bio-propane and bio-naphtha. Read the full article

5. Infrastructure fund receives DBSA commitment

Africa Finance Corporation (AFC) has announced a commitment from the Development Bank of Southern Africa to its $750 million Infrastructure Climate Resilient Fund. Managed by AFC Capital Partners, the fund is building a diversified portfolio of 10 to 12 infrastructure projects across the continent. Read the full article

• Dealmaker’s Log: African private equity and VC deals in April 2026

  Africa Private Equity News this week published the April 2026 issue of our Dealmaker’s Log, which tracks the reported African private equity/debt and venture capital transactions from last month (and extending back to an archive of transactions since May 2023). Access the Dealmaker’s Log here

• In-depth interview: Where Sango Capital sees opportunity in Africa

  Africa-focused investor Richard Okello compares investing on the continent to riding a speedboat through rough seas while trying to drink a glass of wine without spilling a drop. The job is to get from point A to point B with the liquid intact.

  In 2011, Okello established Sango Capital, which now manages just under $1 billion. Africa Private Equity News editor-in-chief Jaco Maritz spoke to him about the realities of putting capital to work on the continent. Watch/read the interview here