The African Development Bank Group and Michael R. Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies and Chair of the Glasgow Financial Alliance for Net Zero (GFANZ), have formed a new partnership to mobilize private sector investment across the African continent into areas that will boost jobs and development.
Enabling Qapital, a Swiss-based impact asset manager, has invested $1.5m in Premier Credit Uganda, a subsidiary of The Platcorp Group, marking a major step on its mission to expand financial inclusion.
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.
African Guarantee Fund (AGF) and Visa Foundation have signed a $2m grant agreement that will go towards bridging the financing gap for women-led and owned small and medium-sized enterprises (WSMEs) across Africa.
Kredete, a fintech company focused on helping African immigrants build credit and access financial services, has raised a $22m Series A funding round led by AfricInvest via their Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE) and Partech, with participation from Polymorphic Capital.
27four has launched LoanChomi, a national township-linked economy fund aligned with South Africa’s priorities for inclusive growth, job creation and broader economic participation.
British International Investment (BII), the UK’s development finance institution and impact investor, has announced a $7.5m debt investment in Nigerian agri-tech platform, Babban Gona, to boost food security and climate resilience for smallholder farmers in Northern Nigeria.
FCMB Asset Management (FCMBAM) and TLG Capital have announced the full deployment of the oversubscribed ₦100 bn FCMB–TLG Private Debt Fund Series 1.
African Infrastructure Investment Managers (AIIM), through its IDEAS Fund, and Motseng Investment Holdings, have announced the formation of Motseng Ideas Infrastructure Group (MIIG).
Alliance for Green Infrastructure in Africa Project Development Fund (AGIA-PD), a fund managed by Africa50, has announced the first close at $118m, marking a major milestone in accelerating the delivery of green infrastructure across the continent.
Bosquet Investments, the private investment vehicle of Alain Nkontchou, has acquired a 21.22% stake in Ecobank Transnational Incorporated (ETI) from Nedbank Group. This transaction remains subject to regulatory approvals.
Africa50, an investment platform established by African governments and the African Development Bank, has surpassed $1.4bn in managed assets.
The African Development Bank has signed a $850,000 grant agreement with Invest in Africa (IIA), a non-profit organization, to support the MicroGREEN project to provide livelihood opportunities for marginalized and vulnerable groups in Ghana and Senegal.
Creation Capital, a specialist private credit asset manager, has closed a R75m private debt investment into Quest Capital Solutions, an SME non-bank on-lender in the logistics sector.
Afriwise, Africa’s fastest-growing legal-intelligence platform, has acquired LawExplorer, South Africa’s most established provider of regulatory monitoring and analysis tools. “This is not just an acquisition. It’s a strategic leap forward for how companies in Africa manage regulatory change,” said Steven De Backer, CEO and Founder of Afriwise.
Africa Go Green Fund (AGG), managed by Cygnum Capital, has commited €15m debt facility to Kasada’s green-certified hotel development in Abidjan’s Angré district, Côte d’Ivoire.
Mediterrania Capital Partners (MCP), a private equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, has invested in Dislog Dispositifs Médicaux (DDM) through a DM540 million capital increase together with CDG Invest Growth.
Charles Russell Speechlys has advised Miro Forestry Developments, a UK headquartered sustainable forestry and plywood manufacturer, operating from locations across West Africa, on its latest fundraising round.
Cape Town-headquartered venture capital firm HAVAÍC has announced the second close of its $50m African Innovation Fund 3.
Mergence Investment Managers has announced an additional R60m investment in Solarise Africa, a sustainable energy solutions company operating across the continent.
