AHL Venture Partners Reaches $30.5m First Close for Africa Credit Fund
AHL Venture Partners has announced the first close of its AHL Africa Credit Fund I at $30.5 million, less than a year after launching the fundraising process.
AHL Venture Partners has announced the first close of its AHL Africa Credit Fund I at $30.5 million, less than a year after launching the fundraising process.
H1 Holdings (H1) and Revego Fund Managers (RFM) have announced plans to explore a strategic merger that would create one of South Africa’s largest dedicated renewable energy equity investment platforms, with a combined asset base of approximately R13.3 billion.
British International Investment (BII), the UK’s development finance institution and impact investor, has launched a new strategy for Egypt as its total commitments in the country approach $1.3 billion since 2012.
Aruwa Capital Management has completed an investment in Sika Financial Group, a financial market infrastructure company focused on clearing, settlement, liquidity and market data services for cross-border transactions across Africa and other emerging markets.
ARM-Harith Infrastructure Investments has announced the first close of its successor climate transition fund at approximately $76 million.
3IF Ventures, the first impact venture capital fund dedicated to Africa’s insurance start-up ecosystem, has announced the first close of its Inclusive Insurance Investment Fund at $12 million.
Enexus Finance has advised Malagasy conglomerate Talys Group on securing a €9 million debt facility from the International Finance Corporation (IFC), providing funding to support the expansion of the group's retail and distribution businesses across Madagascar.
AfricInvest has launched a phased exit from its investment in SIPO Holding, the Mauritius-based holding company that controls Côte d’Ivoire’s Groupe Centaures, following a $16 million fundraising by the logistics and transport group.
Africa Finance Corporation (AFC) has raised a $2 billion syndicated loan, increasing the facility from an initial $1.6 billion target, supported by a broad base of international lenders.
Helios Investment Partners has agreed to sell its majority stake in Africa Specialty Risks (ASR) to Vitruvian Partners, marking the next stage in the development of the specialty insurance and reinsurance platform focused on Africa and other emerging markets.
African banks continued to outperform global peers, delivering some of the highest returns in the global financial system, driven by strong interest margins, rising fee income, and rapid digital adoption, according to a recent McKinsey report.
Standard Bank has acted as Joint Financial Adviser and Transaction Sponsor to CANAL+ on its secondary inward listing on the Johannesburg Stock Exchange (JSE), enabling the company's shares to trade on both the JSE and the London Stock Exchange.
Knife Capital has exited its stake in VoxCroft Analytics' US entity through a sale to Redpoint Advisors, a US-based intelligence advisory firm, marking a successful exit for the venture capital firm's KNF II fund and underscoring growing international interest in African-developed technology.
Ecobank Group has launched the first International Capital Market Association (ICMA) commercial bank-issued Nature Bond, raising $450 million to support sustainable agriculture, biodiversity protection and water infrastructure projects across Africa.
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.