Adenia Partners has raised $300M to invest in medium-sized ESG companies in Africa.  The firm aims to close its round at $400M. The firm aims to invest in 10-12 companies, while the average check size will range from $30M-$50M. Adenia Partners has had several exits, some of which include: Socolait, Ciel, Execom, Le Louvre, CBE, Orange, etc. The fund was backed by FC, Proparco, EIB, FMO, DEG, Norfund, and BPI. Adenia Partners, based in Mauritius, has had 17 exits since being founded in 2002. The fund will be officially named Fund V.