TLG Capital secures $120 million second close for Africa Growth Impact Fund II

TLG Capital has announced the $120 million second close of its TLG Africa Growth Impact Fund II (AGIF II), marking a significant milestone in its mission to expand financing for African SMEs. Investor Participation The second close was led by Proparco and Calvert Impact Capital, a subsidiary of US-based impact investing firm Calvert Impact, alongside six new investors. Several first-close investors, including Swedfund, also increased their allocations.