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.
The Public Investment Corporation (PIC) and British International Investment (BII) have signed a Memorandum of Understanding (MoU) to accelerate collaboration in investments across the African continent.
The African Development Bank, European Bank for Development and Reconstruction (EBRD), and the British International Investment (BII), the UK’s development finance institution and impact investor, have agreed to provide $479.1m to Obelisk Solar Power SAE, a special purpose vehicle incorporated in Egypt, and owned by Scatec ASA.
International Finance Corporation has committed up to the lower of $25m or 20% of total Limited Partner (LP) commitment in Enko Capital's new Impact Credit Fund (EICF).
Oando, Nigeria’s leading indigenous energy solutions company with primary and secondary listings on the Nigerian and Johannesburg Stock Exchanges, has announced the successful upsizing of its Reserve Based Lending (RBL2) facility to $375m.
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.
