CardinalStone Capital Advisers (CCA), a West Africa-focused private equity fund manager, has reached a first close of $76 million for its second fund, CCA Growth Fund II.
Amethis has exited its investment in Globex, a Moroccan integrated logistics and transport company, concluding a four-year partnership with founder and CEO Omar El Kadiri and the management team.
Standard Chartered has arranged a €538 million financing for the Republic of Angola to support the expansion of Luanda’s potable water distribution network under Phase 2 of the Quilonga Grande Water System project.
GuarantCo, part of the Private Infrastructure Development Group (PIDG), has partnered with Symbiotics to arrange a $20 million debt facility for Robust International to finance a cashew processing plant and related infrastructure in Côte d’Ivoire.
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.
BluePeak Private Capital Fund II has made an initial $12 million investment in Monty Mobile International, the African hub of telecommunications and messaging provider Monty Mobile, as part of a broader financing partnership.
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.
Creation Capital has launched the Creation Yield Fund, a hybrid private credit vehicle that combines privately originated debt investments with a listed note structure on the Cape Town Stock Exchange (CTSE), as the specialist investment manager seeks to channel more institutional capital into South Africa's underserved SME and mid-corporate market.
Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity.
Invest Salone, with support from the UK Government and in collaboration with British International Investment (BII) through the Africa Resilience Investment Accelerator (ARIA), which is co-funded by FMO and Proparco, has launched a suite of resources aimed at helping Sierra Leonean businesses prepare for external investment.
Satrix has expanded its African footprint with the secondary listing of three of its Johannesburg Stock Exchange-listed exchange traded funds (ETFs) on the Botswana Stock Exchange (BSE), with trading commencing on July 9.
Sango Capital has been appointed to manage approximately US$460 million in committed capital across three African private equity fund portfolios following a management change initiated by a consortium of institutional limited partners.
Circle Ventures, the corporate venture arm of Circle Internet Group, has made a strategic investment in African payments technology company Flutterwave to support the expansion of USDC settlement across its payments platform.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has provided a US$30 million senior secured corporate loan to Hassan Allam Utilities to support renewable energy development in Egypt.
