Proparco invests $15 million into Capitalworks IV

Proparco has officially announced a $15 million capital commitment to Capitalworks IV, the fourth flagship private equity fund managed by prominent South African investment firm Capitalworks . As a historically significant institutional backer of African private capital, Proparco’s latest investment underscores its continued confidence in the resilience and potential of Southern Africa’s private sector. Investment Strategy: Backing the “Missing Middle” Capitalworks IV will double down on the hig