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Sanari Capital Raises $65 Million for Growth Fund, Nears $100 Million Target

Sanari Capital Raises $65 Million for Growth Fund, Nears $100 Million Target
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SA's Sanari Capital raises $65m in 2nd close of new growth fund

Sanari Capital, a women-led and majority Black- and women-owned South African private equity firm, has raised ZAR1.25 billion (US$65 million) in the second close of its growth fund, which aims to fuel employment opportunities and foster economic growth across Africa. ....

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Limp growth dulls foreign demand for SA private equity

The International Monetary Fund expects economic expansion of only 0.3% this year, and for growth to remain below 2% until at least 2028, with output held back by record electricity outages and logistical constraints. ....

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