OeEB alongside Impact Fund Denmark has provided Robust International, a multinational agricultural commodities trader, with $25m in working capital.
Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, has successfully closed its largest-ever debt facility, a landmark $1.5bn syndicated loan.
The African Development Bank Group and Michael R. Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies and Chair of the Glasgow Financial Alliance for Net Zero (GFANZ), have formed a new partnership to mobilize private sector investment across the African continent into areas that will boost jobs and development.
African Guarantee Fund (AGF) and Visa Foundation have signed a $2m grant agreement that will go towards bridging the financing gap for women-led and owned small and medium-sized enterprises (WSMEs) across Africa.
British International Investment (BII), the UK’s development finance institution and impact investor, has announced a $7.5m debt investment in Nigerian agri-tech platform, Babban Gona, to boost food security and climate resilience for smallholder farmers in Northern Nigeria.
Africa50, an investment platform established by African governments and the African Development Bank, has surpassed $1.4bn in managed assets.
The African Development Bank has signed a $850,000 grant agreement with Invest in Africa (IIA), a non-profit organization, to support the MicroGREEN project to provide livelihood opportunities for marginalized and vulnerable groups in Ghana and Senegal.
Africa Go Green Fund (AGG), managed by Cygnum Capital, has commited €15m debt facility to Kasada’s green-certified hotel development in Abidjan’s Angré district, Côte d’Ivoire.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has made an anchor investment in Axian Telecom's $600m 5-year bond issuance.
African Development Bank has approved a $40m equity investment in Project Zafiri, a transformative equity platform and flagship initiative under Mission 300.
British International Investment (BII), the UK’s development finance institution and impact investor, Zambia’s National Pension Scheme Authority (NAPSA) and Swedfund have joinly launched Growth Investment Partners Zambia (GIP Zambia), an investment company designed to provide long-term, flexible capital, primarily in local currency to small and medium-sized enterprises (SMEs) in Zambia.
DFC has announced that it will provide project development funding for the Banio Potash Mine in Mayumba, Gabon.
British International Investment, the UK’s development finance institution and impact investor, had committed £1.09bn to African companies in 2024 to create jobs, reduce aid dependency and combat the climate emergency.
Standard Bank Group has extended a R400m working capital facility structured in a sustainable finance format to a South African earned wage access (EWA) provider Paymenow.
