20 May
News > Investors
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.
18 May
News > Private Equity > Deals
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.
15 May
News > Investors
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.
14 May
News > Investors
The West African Development Bank (BOAD) and Proparco, a subsidiary of the Agence Française de Développement (AFD) Group, have signed a €200 million financing agreement (approximately CFAF 131 billion).
14 May
News > Investors
Impact Fund Denmark has committed an additional DKK 40 million to the Nordic Horn of Africa Opportunities Fund (NHAOF), increasing funding available to small and medium-sized enterprises in Somalia as the country continues to face pressure from conflict, climate shocks and limited access to long-term capital.
14 May
News > Funds > Markets and Industry News
Foreign exchange liberalization, tighter monetary policy and increasing transparency have helped Nigeria reemerge as one of the most commercially compelling financial markets in sub-Saharan Africa, according to a new report by Crisil Coalition Greenwich, as improving liquidity and investor participation reshape activity across the country’s FX, bond and equity markets.
13 May
News > Private Equity > Deals
Triple Jump has provided $8 million in debt funding to Africa Xpress, supporting the company’s plans to scale its electric mobility operations across Africa.
12 May
News > Private Equity > Deals
Sango Capital has acquired more than $120 million in net asset value across four African-focused funds from an institutional investor rebalancing its global portfolio, in a transaction that highlights growing activity in Africa’s secondary private markets.
8 May
News > Funds > Markets and Industry News
Nigeria has increased its share of Africa’s upstream final investment decisions (FIDs) from 4% to 40% in just two years, according to a new government-backed review that points to a sharp turnaround in investor confidence following a series of energy sector reforms.
8 May
News > Asset Servicing
ISI Markets has launched a new AI-powered platform for investors, bankers and advisers focused on emerging market corporate and sovereign debt, as demand grows for faster and more transparent credit intelligence across frontier economies.
6 May
News > Private Equity > Deals
The IDH Farmfit Fund has acted as anchor investor in Kenya’s first private-sector local currency securitisation in the smallholder agriculture sector, a transaction structured by Kaleidofin in partnership with agri-finance company Apollo Agriculture.
6 May
News > Private Equity > Deals
The Emerging Africa & Asia Infrastructure Fund (EAAIF), part of the Private Infrastructure Development Group and managed by Ninety One, has committed a $40 million senior secured loan to support the development of Egypt’s first sustainable aviation fuel (SAF) production facility.
6 May
News > Private Equity > Deals
Gaia Renewables 1, listed on the Cape Town Stock Exchange (CTSE), has announced the refinancing of empowerment stakes in De Aar 1 and 2 wind farms in the Northern Cape.
30 Apr
News > Investors
The World Bank Group’s private sector arm, the International Finance Corporation (IFC), and Standard Chartered have launched a risk-sharing facility of up to $300 million to expand supply chain finance and support business growth across Africa.
28 Apr
News > Investors
British International Investment (BII), the UK’s development finance institution and impact investor, has committed $5 million in debt financing to Ethiopian electric mobility company Dodai as part of its $13 million Series A funding round.
27 Apr
News > Private Equity > Deals
Vantage Capital has provided $45 million in mezzanine debt financing to Egyptian specialty paints and coatings producer International Group for Modern Coatings (MIDO), in one of the country’s largest mezzanine debt transactions.
24 Apr
News > Investors
The Development Bank of Southern Africa (DBSA) has committed capital to Africa Finance Corporation’s (AFC) $750 million Infrastructure Climate Resilient Fund (ICRF), in a move aimed at expanding climate adaptation financing across the continent.
24 Apr
News > Private Equity > Deals
Mediterrania Capital Partners (MCP), a private equity firm focused on growth investments in Africa, has announced the signing of a Share Purchase Agreement for the acquisition of 100% of Société Marocaine des Manufactures de Mohammedia (SMMM), the holding company of Amcor Flexibles Mohammedia (AFM), from Amcor Group.
23 Apr
News > Investors
British International Investment (BII), the UK’s development finance institution and impact investor, has launched a new five-year strategy aimed at mobilising £9 billion of capital into Africa to support economic growth, with a stronger focus on frontier markets, climate finance and private sector development.
20 Apr
News > Funds > Markets and Industry News
Liquid Intelligent Technologies has completed a $660 million debt refinancing, anchored by a $300 million Eurobond that was oversubscribed 2.5 times, in a sign of investor confidence in Africa’s digital infrastructure sector.