Swedfund has invested €30m in The Urban Resilience Fund (TURF), managed by Meridiam, to address the pressing challenges of climate change and urbanisation in Africa, primarily in Sub-Saharan Africa.
British International Investment (BII), the UK's development finance institution (DFI) and impact investor, has committed $75m to the second Green Basket Bond arranged by Symbiotics Investments, an emerging markets access platform and financial lender.
IFC has agreed to provide a R200m senior loan to Lenmed to help the company expand its healthcare services over the next four years.
European Investment Bank (EIB Global) has invested €25m into Amethis Fund III, a pan-African fund providing private equity growth capital to medium sized companies on the continent.
IFC and partners British International Investment (BII) and Proparco have announced a financing package for Sonatel to improve essential telecommunications infrastructure in the country and expand access to reliable, affordable mobile and fixed broadband services.
FMO, the Dutch entrepreneurial development bank, has committed $10m to TLcom’s second Africa-focused VC fund, TIDE Africa II, which announced its final close at $154 million on April 22 2024.
Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, in partnership with Italy’s national development finance institution Cassa Depositi e Prestiti S.p.A (CDP), have announced a landmark Memorandum of Understanding (MoU) that sets out to elevate Italian-African business collaboration, contributing to sustainable growth and prosperity on a global scale.
British International Investment (BII), the UK’s development finance institution and impact investor, has signed a $100m risk-sharing facility with Citi to support the trade finance needs of SMEs and corporates in frontier and emerging African economies.
RMB, one of Africa’s corporate and investment banks, has invested in Acre Export Finance Fund I, which targets commercial debt tranches of Export Credit Agency (ECA) transactions supporting climate-aligned infrastructure in Africa.
The Norwegian Investment Fund for developing countries (Norfund) invested just over 6.5 billion NOK in developing countries in 2023, with 51% of investments in Africa.
The Soros Economic Development Fund (SEDF), the impact investment arm of the Open Society Foundations, has committed $25m to Allied Climate Partners (ACP)—a new and innovative public-private partnership focused on increasing the number of bankable climate projects in emerging markets and developing economies around the world.
British International Investment (BII), the UK's Development Finance Institution (DFI) and impact investor, has announced a $100m finance facility with the Eastern and Southern African Trade and Development Bank (TDB).
IFC and Solcon Capital have partnered to identify and nurture investment opportunities in the Deep Tech sector within South Africa and India.
Finnfund, DFC, SEDF (Soros Economic Development Fund), UBS Optimus Foundation and Grand Challenges Canada, have invested $20m in Hewatele, a medical oxygen producer in Kenya.
