Lagos-based accelerator Cascador and Sterling Bank have launched a $200 million SME Credit Backstop Fund aimed at expanding access to larger, longer-term loans for Nigerian small and medium-sized enterprises (SMEs).
Finance Earth, FSD Africa and FSD Africa Investments (FSDAi) have partnered to launch the Africa Nature Impact Fund, targeting $100 million to finance early-stage nature conservation and nature-based carbon projects across Africa.
The International Finance Corporation (IFC) and BlueOrchard Finance have launched an emerging markets private debt investment initiative targeting up to $2 billion in commitments, with Tokio Marine Group serving as anchor investor in a $300 million first close.
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.
The government of the Democratic Republic of the Congo has officially announced the creation of a new Strategic Sovereign Fund, the Fonds d’Investissement Stratégique (FIS RDC).
OeEB and Accession Capital Partners (ACP) Group, a European advisor and asset manager in the field of private equity and private debt, have jointly launched ACP OeEB Climate Impact Fund, a new fund of funds.
FSD Africa has announced a new $25-30m Inclusive Insurtech Investment Fund (3iF) to open the way for more private investment in the insurance technology (insurtech) sector, accelerate insurance innovation and close the continent’s protection gap.
MCB Group and Omnicane have launched an investment vehicle dedicated to the financing of renewable energy projects in Mauritius and the region.
Acorn Holdings has received authorisation from the Capital Markets Authority (CMA) for the establishment of a Build-To-Rent Development Real Estate Investment Trust (D-REIT) aimed at expanding Kenya’s affordable housing rental market for young urbanites.
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.
Satrix, a provider of index-tracking investment products in South Africa, has announced that it would further expand its offering into another African market.
African Export-Import Bank (Afreximbank), through its development impact investment arm, the Fund for Export-Development in Africa (FEDA), has committed to spearhead the launch of the Africa Film Fund as part of its Creative Africa Nexus Programme (CANEX).
Gemcorp Capital has launched Kassai, a new domestic asset manager in Angola and the appointment of Walter da Cruz Pacheco as its Chief Executive Officer (CEO).
Prime Group, an investment firm specializing in resource development, with a focus on sustainable investment strategies, has announced a $60bn investment fund, strategically directed towards oil exploration, mining, and agriculture sectors in Africa.
