The OPEC Fund for International Development (the OPEC Fund) has signed a $40m loan as part of a $394m sustainability-linked loan for ETC Group (ETG), one of Africa’s largest agricultural commodity supply chain managers.
Mashreq, a financial institutions in the MENA region, has announced a $50m trade finance partnership with British International Investment (BII), the UK’s development finance institution and impact investor – to boost cross-border trade finance in key emerging markets across South Asia and Africa.
British International Investment (BII), the UK’s development finance institution and impact investor, has provided a $30m risk-sharing and blended local currency co-financing facility to InfraCredit, a specialised infrastructure credit guarantee institution, to support clean energy transition in Nigeria.
The Emerging Africa & Asia Infrastructure Fund (EAAIF) and the Dutch entrepreneurial development bank FMO acting as co-mandated lead arrangers, alongside DEG, have announced a €84m investment in two photovoltaic solar plants with battery storage systems operated by AXIAN Energy in the southern Senegalese region of Kolda.
British International Investment (BII), the UK's development finance institution and impact investor, has announced a $25m risk sharing facility with Ecobank Sierra Leone to boost private sector growth in high-impact sectors of the economy.
ARISE IIP, a pan-African developer and operator of industrial parks, has announced a significant capital raise of $443m.
Africa Finance Corporation (AFC) and Itana, Nigeria’s first licensed digital economic zone management company, have agreed to jointly develop the first digital economic zone in Africa.
British International Investment, the UK’s development finance institution and impact investor, is to launch a new facility to boost the flow of private capital to meet the twin challenges of development and the climate emergency.
BII and FMO are funding the expansion of the UK International Development-funded Commercial Agriculture for Smallholders and Agribusiness (CASA) technical assistance facility.
Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion, has invested $7.5m in South African fintech start-up Omnisient.
The Angola Sovereign Wealth Fund (FSDEA) has invested $5m in the Kimbo Fund, Angola’s debut private debt fund managed by BFA Asset Management (BFAAM).
British International Investment, the UK’s development finance institution and impact investor, has committed to invest up to $35m towards the development of the first phase of a new container port in DRC.
The African Development Bank Group has approved a $10m junior equity investment in the KawiSafi II Fund to help local businesses create and expand climate projects that aid vulnerable communities.
Proparco has announced a $20m investment in the Amethis Fund III (AF III) managed by Amethis, aiming to support African medium-sized companies that provide quality goods and services on the continent.
