Alterra Capital Partners Raises $20 Million to Ignite Africa's Essential Business Growth

Alterra Capital Partners is proud to announce that it has raised $20 million in its latest funding round, a testament to the strength of its vision and a further boost to its mission of partnering with exceptional local entrepreneurs across Africa. As an Africa-focused private equity firm, Alterra Capital Partners has a long-standing history of working alongside domestic-facing companies that cater to essential consumer needs and vital business services. With over 100 years of combined private equity experience among its team members, the firm has already successfully invested more than $2 billion into 23 companies across the continent. This fresh infusion of capital will empower the firm to build on its solid investment track record and further support businesses that are at the heart of Africa's growth story. The $20 million raised is set to accelerate investments in sectors that directly impact everyday life while ensuring that the companies in Alterra’s portfolio receive the strategic, operational, and financial support they need to thrive. The funding will provide these businesses with the resources required to scale operations, enhance market penetration, and unlock new opportunities in their respective industries. Born from the merger of experienced teams from Carlyle Africa and Emerging Capital Partners, Alterra Capital Partners brings both deep local knowledge and considerable global insight to every investment. This round of funding not only underscores investor confidence in the firm’s proven track record and robust network but also reinforces its commitment to fostering sustainable growth and innovation in Africa’s dynamic market landscape.