Africa50, a pan-African infrastructure investor and asset manager, has signed a Memorandum of Understanding (MoU) with the Bourse Régionale des Valeurs Mobilières (BRVM) to pioneer new infrastructure financing solutions within the West African Economic and Monetary Union (WAEMU), leveraging the region’s capital markets.
In a significant vote of confidence for Africa’s underserved mid-market, four leading European Development Finance Institutions (EDFIs)—British International Investment (BII), FMO (the Dutch entrepreneurial development bank), Swedfund, and the Swiss Investment Fund for Emerging Markets (SIFEM)—have jointly committed $80m to BluePeak Private Capital Fund II (BPCF II).
The Public Investment Corporation (PIC), representing the Government Employees Pension Fund (GEPF) of South Africa, has made a $40m investment in Africa50 Group, a pan-African infrastructure investor and asset manager, becoming its 36th shareholder.
Norfund has announced a $7.5m investment in Inside Equity Fund II, a private equity fund dedicated to supporting small and medium-sized enterprises in some of the most underfinanced and least developed markets in Southeast Africa.
DEG has increased its stake in the latest fund Mediterrania Capital IV Mid-Cap by a further €15m, bringing the total amount invested to €25m.
African Development Bank Group's President Dr. Akinwumi Adesina has announced plans to launch a $500m facility designed to unlock $10bn in financing for smallholder farmers and small agribusiness enterprises across Africa.
The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) in financing a $750m Infrastructure Climate Resilient Fund (ICRF).
Finnfund has made a €2m follow-on investment in Fibertime Group enabling the company to expand its provision of fiber internet access to under privileged communities in South Africa.
The European Investment Bank (EIB Global) has announced a $75m investment in Helios Investors V.
British International Investment (BII), the UK’s development finance institution and impact investor, alongside Swedfund and Norfund, have announced a joint $85m investment in AgDevCo, a specialist investor transforming agriculture across sub-Saharan Africa.
Acumen has invested in Wami Agro, a Ghana-based agritech company dedicated to transforming the agricultural landscape in West Africa.
Standard Chartered, an international cross-border bank, and GuarantCo, part of the Private Infrastructure Development Group (PIDG), have signed a $50m standby liquidity facility.
Proparco has announced a €10m investment in the latest fund dedicated to small and medium-sized enterprises (SMEs) from AfricInvest, a long-standing partner and major player in impact investing in Africa.
DEG has provided South African online insurance platform Naked Insurance with $4m in equity capital.
