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Scalar and Mergence Launch USD 150M Fund for Africa’s Clean Energy Projects

Summary by WeeTracker
Scalar International and Mergence Investment Managers have announced the launch of the Africa Decarbonization Fund I, a private equity fund aimed at accelerating clean energy and digital infrastructure projects across the Southern African Development Community (SADC). The fund is managed in partnership between Scalar International, a black-owned international venture capital and private equity firm recently selected for the 2024 ICFA Cohort, and…
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WeeTracker broke the news in on Thursday, April 17, 2025.
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