Wednesday
July 1
2026

TLG Capital Fund Reaches $120 Million Second Close

TLG Capital has announced the $120 million second close of its TLG Africa Growth Impact Fund II (AGIF II).

The second close is led by Proparco and Calvert Impact Capital, a subsidiary of US-based impact investing firm Calvert Impact, alongside six additional new investors and increased allocations from several first close investors including Swedfund. AGIF II now includes 22 investors alongside a strategic partnership with the UK FCDO through its Manufacturing Africa programme.

Source: Africa Private Equity News (link opens in a new window)

Categories
Investing
Tags
business development, impact investing, MSMEs, partnerships, venture capital