Ninety One has closed its third Africa Credit Opportunities Fund (ACO3) with $404 million in commitments, including leverage, from institutional investors across Africa, Europe, the UK, US and Canada.
Convergence Partners has led the Series C funding round for Yellow, a fintech providing asset-backed credit for smartphones and off-grid solar products across sub-Saharan Africa.
A.P. Moller Capital is set to acquire a majority stake in Moroccan transportation and logistics company Globex Investissement through its Emerging Markets Infrastructure Fund II and APM Capital Morocco Fund.
Africa50 has secured new investment commitments and strategic partnerships as it seeks to mobilise more capital for infrastructure projects across Africa, with new initiatives spanning energy, electricity transmission, healthcare and infrastructure funds.
British International Investment (BII) has signed a Memorandum of Understanding with Africa50 to strengthen collaboration and mobilise more investment into infrastructure across Africa.
The African Development Bank (AfDB) has invested US$332 million (ZAR5.4 billion) in a social bond issued by Standard Bank Group to expand financing for small and medium-sized enterprises (SMEs) across South Africa, while also supporting the country's evolving banking framework.
Standard Bank has provided a US$29 million Social Documentary Credit Facility to Helios Towers, marking the bank's first documentary credit facility structured under a sustainable finance framework.
Kenya’s plan to raise KSh 995.7 billion from the domestic market in the 2026/27 fiscal year could influence how banks balance lending to businesses against investing in government securities, according to EBC Financial Group.
Africa50 has appointed Djalal Khimdjee as Chief Executive Officer of its Africa50 Principal Investment Fund, formerly known as Africa50 Project Finance, effective August 1, 2026.
MerQube, a US-based provider of rules-based investment technology and index solutions, has partnered with Oribi Capital Partners and Prescient Management Company (Prescient) to launch a new exchange-traded fund (ETF) offering investors a more balanced exposure to South African equities.
