Clime Capital has just closed its second fund, bringing together philanthropic, public and private capital. Its aim is to invest at a very early stage in businesses that contribute to accelerating the energy transition in Southeast Asia.

Proparco has announced a €10 million investment in the latest fund dedicated to small and medium-sized enterprises (SMEs) from AfricInvest, a long-standing partner and major player in impact investing in Africa.

Proparco is providing a €2 million ARIZ PRIME portfolio guarantee to the ASISA ESD Fund (comprising the ASISA Enterprise Development (ED) Fund and the ASISA Supplier Development (SD) Fund), managed by the fund manager, Edge Growth Ventures (Pty) Ltd (Edge Growth Ventures), a subsidiary of the Edge Growth Group (Edge Growth).

The ASISA ESD Fund targets the expansion and growth of small and medium-sized enterprises (SMEs) in South Africa, particularly those owned by people from historically disadvantaged backgrounds, and which have the potential to create positive and sustainable social and environmental impacts.