Africa-Focused Private Credit Fund to Raise $200 Million by 2026

TLG Capital, an Africa-focused fund, plans to raise $200 million and use the proceeds to offer credit to small companies on the continent.

The firm expects to complete raising the funds by the end of next year, Aum Thacker, investment manager at TLG Capital, said. The TLG Africa Growth Impact Fund II raised $75 million in April and is backed by the International Finance Corp.