British International Investment (BII), the UK’s development finance institution and impact investor, has provided a $20 million senior secured portfolio debt facility to Anzana Electric Group to accelerate the construction of run-of-river hydropower projects across Africa.
The Private Infrastructure Development Group (PIDG) has joined an investor consortium to close the final funding gap for a $137 million maritime infrastructure project in Ghana, paving the way for financial close and construction of the Takoradi Floating Dock Project, known as Shiprite.
Belgian development finance institution, BIO has announced a $5 million investment in Société de Microcrédits Congolais (SMICO), a microfinance institution operating in the Democratic Republic of the Congo, as part of efforts to expand financial inclusion and support small businesses in underserved markets.
The African Export-Import Bank (Afreximbank) has extended a $15 million SME finance facility to Ecobank Zimbabwe under its Export SME Development Programme (ESDP), in a move aimed at strengthening export-oriented small businesses across key sectors of the economy.
AfricInvest, through its Financial Inclusion Vehicle (FIVE), has led a growth investment round in BFREE, a pan-African investor in distressed retail and SME loans, as the company looks to expand portfolio acquisitions, deepen partnerships with financial institutions, and enter additional African markets.
The Mastercard Foundation Africa Growth Fund has made an anchor investment in Sabou Capital, a Nigeria-based impact fund focused on scaling small and medium-sized enterprises across West and Central Africa, as institutional capital begins to flow more deliberately toward secondary cities and underserved regional markets.
Africa Finance Corporation (AFC) has approved a commitment of up to $100 million to invest in Africa-focused technology fund managers, with initial allocations going to Lightrock Africa Fund II and Future Africa Fund III as the institution increases its exposure to the continent’s digital economy.
Development finance institutions British International Investment (BII) and Norfund have provided a combined $80 million financing package to NMB Bank to expand lending to micro, small and medium-sized enterprises (MSMEs) and agricultural businesses in Tanzania.
The West African Development Bank (BOAD) and Proparco, a subsidiary of the Agence Française de Développement (AFD) Group, have signed a €200 million financing agreement (approximately CFAF 131 billion).
Impact Fund Denmark has committed an additional DKK 40 million to the Nordic Horn of Africa Opportunities Fund (NHAOF), increasing funding available to small and medium-sized enterprises in Somalia as the country continues to face pressure from conflict, climate shocks and limited access to long-term capital.
