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Private equity

IFC proposes $30 million investment in African Capital Alliance’s CAPE V Fund

Wednesday, November 4, 2026 · first reported by innovation-village.com

IFC plans to commit up to US$30 million to Capital Alliance Private Equity Fund V (CAPE V), sponsored by African Capital Alliance (ACA), and is weighing a further US$20 million co-investment facility for deals alongside the fund.

CAPE V targets US$500 million of commitments, with a hard cap of US$750 million. It will invest only in Africa, mostly in sub-Saharan markets, taking control or significant minority stakes in mid-sized companies. Cheques are expected at US$20 million to US$80 million each, building a portfolio of about 10 to 15 companies.

Fund
CAPE V
Size
$30M
Stage
Target
People
Okechukwu Enelamah
Asset class
Private equity
Geography
Africa

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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