Evolution III Fund, Inspired Evolution’s dedicated next-generation energy transition fund, has signed transaction agreements committing $20m to Cold Solutions East Africa Holdings Limited (CSEAHL), a temperature-controlled warehousing and logistics platform operating across Kenya, Uganda, Rwanda, and Tanzania.
Accion has announced the final close of a $61.6m fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally.
Africa Merchant Capital Advisory (AMCA) has acted as financial adviser to the Lagata Group on its acquisition of majority stake, and investment into, Miro Forestry Developments, a sustainable forestry and plywood manufacturing business operating across Sierra Leone and Ghana.
Verod, a West African private equity firm, has announced its successful exit from pensions fund administrator, Tangerine APT Pensions, to Verod’s minority partner, APT Securities and Funds.
OeEB alongside Impact Fund Denmark has provided Robust International, a multinational agricultural commodities trader, with $25m in working capital.
Africa50, a pan-African infrastructure investor and multi-vehicle asset manager, has appointed Sérgio Pimenta as Chief Executive Officer of the Africa50 Infrastructure Acceleration Fund (IAF), marking a strategic move to scale private-sector investment, given the crucial role infrastructure plays in the continent’s development.
With the Exchange Traded Funds (ETFs) industry reaching record highs worldwide, Prescient Fund Services, a global full-suite fund services firm, has released a special ETF Evolution Report, offering an overview of the current state and future potential of the South African ETF market.
Apex Group, a global financial services provider, has launched WealthTech platform, an AI-powered platform designed to unlock access to private markets for retail investors.
Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, has successfully closed its largest-ever debt facility, a landmark $1.5bn syndicated loan.
Together with the Dutch development finance institution FMO, OeEB has invested €30m in the Hivos-Triodos Fonds.
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