23 Jun
News > Private Equity > PE Industry News
4G Capital, a fintech focused on financing small businesses in Africa, has surpassed US$1 billion in loans disbursed to entrepreneurs across Kenya and Uganda.
22 Jun
News > Investors
Proparco, through FISEA, an Agence Française de Développement Group fund managed by Proparco, has become a cornerstone investor in EmergingTech Ventures Fund II, an early-stage venture capital fund targeting technology startups in Morocco, Tunisia, Senegal and Côte d’Ivoire.
18 Jun
News > Investors
African Export-Import Bank (Afreximbank) has published the latest edition of its Trade and Development Finance Brief, highlighting the structural challenges affecting Africa’s trade performance and investment landscape amid growing global economic uncertainty.
18 Jun
News > Private Equity > Deals
The Private Infrastructure Development Group (PIDG) has announced that Taranis Operations has signed a convertible loan agreement with the Corbetti Geothermal project in Ethiopia, marking the first step in a broader partnership that could see Taranis invest up to $27 million in equity into the project.
17 Jun
News > Private Equity > Deals
A.P. Moller Capital, through its Emerging Markets Infrastructure Fund II (EMIF II), has signed an agreement via a special purpose vehicle to acquire Mainstream Renewable Power South Africa, a leading renewable energy developer and independent power producer.
17 Jun
News > Private Equity > Fundraising
Holocene has announced the final close of Holocene Ventures Fund I (HVF1), which it describes as Southern Africa’s first dedicated high-growth climate technology fund, marking a milestone for the region’s emerging climate innovation ecosystem.
11 Jun
News > Private Equity > Fundraising
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.
11 Jun
News > Funds > Markets and Industry News
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.
11 Jun
News > Investors
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.
9 Jun
News > Private Equity > Deals
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.
9 Jun
News > Private Equity > Fundraising
ARM-Harith Infrastructure Investments has announced the first close of its successor climate transition fund at approximately $76 million.
8 Jun
News > Private Equity > Fundraising
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.
5 Jun
News > Asset Servicing
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.
4 Jun
News > Private Equity > Exits
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.
4 Jun
News > Investors
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.
3 Jun
News > Private Equity > Exits
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.
3 Jun
News > Funds > Markets and Industry News
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.
3 Jun
News > Asset Servicing
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.
3 Jun
News > Private Equity > Exits
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.
3 Jun
News > Funds > Markets and Industry News
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.