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Recent Summit Africa Press Statements
Media Contacts
Journalists and other media professionals may use the contact information listed below. For non-media inquiries about Summit Africa, please fill out this form. Only media inquiries are handled through the contacts below.
Johannesburg, South Africa:
Contact Person: Morne Reinders
Email: morne@articulatepartners.com
Telephone: +27 082 480 4541
Summit Africa in the News
SUMMIT PRIVATE EQUITY FUND II
3 March 2025
Summit Africa, a specialist black-owned and managed impact investment manager and licensed financial services provider, has launched Summit’s Private Equity Fund II (SPEF II) with a $20m (c.R355 million) anchor investment by British International Investment (BII), the UK’s development finance institution and impact investor.
SUMMIT PRIVATE EQUITY FUND II
28 February 2025
In a bid set to accelerate financial inclusion, digital transformation, and food security in South Africa, Summit Africa, a South African-owned impact investment firm, has launched Summit Private Equity Fund II (SPEF II) to help drive financial inclusion, digital transformation, and sustainable food systems.
www.weetracker.com: Summit Africa Kicks Off Second Private Equity Fund With USD 20M Boost From BII
SUMMIT PRIVATE EQUITY FUND II
27 February 2025
Summit Africa, a South African fund manager, has launched its second private equity fund, Summit Private Equity Fund II (SPEF II), with an initial $20 million anchor investment from British International Investment (BII), the UK’s development finance institution and impact investor.
SUMMIT PRIVATE EQUITY FUND II
26 February 2025
Summit Africa, a South African fund manager, today announced the launch of its Summit Private Equity Fund II (SPEF II) with a $20 million anchor investment by British International Investment (BII), the UK’s development finance institution and impact investor.
Latest ESG Report
Summit Africa’s 2024 ESG Report sets out a disciplined ESG and impact management architecture—anchored in gender equality, transformation, and climate action—while evidencing delivery of financial value alongside measurable social outcomes.
By the close of the Fund’s investment period on 30 June 2024, the portfolio comprised 11 companies across target sectors, including three 2024 additions: LifeCheq (maiden ICT services investment advancing financial advisory technology), LRMG (education and skills development), and St Mary’s Hospital, Mthatha (expanding affordable peri-urban and rural care), alongside a follow-on in Crestcare to commission an 84-bed hospital in Malmesbury.
The report highlights sector progress: NGI secured ~R38m in bursaries enabling 738 disadvantaged students; Crestcare Zoutpansberg more than doubled patient volumes; Efficient Group lifted institutional AUM by over R1bn and broadened inclusion; and LifeCheq targets 50,000 clients in the low- to middle-income segment.
It also details strengthened OPIM-aligned processes, wider adoption of Summit’s Governance Toolbox, an enhanced ESMS toolkit, and an upgraded Impact Report Card tracking job creation, community upliftment, and transformation. With investment now complete, focus shifts to portfolio optimisation and exit readiness amid early third-party interest.