10 Nov
News > Investors
The Republic of Benin (Benin) has become the 17th Member State of Africa Finance Corporation (AFC), Africa's infrastructure development finance institution.
Benin joins the list of Francophone African States that are currently AFC member countries, which includes Chad, Cote d'Ivoire, Djibouti, Gabon, Guinea-Bissau, and Guinea-Conakry.
This development augurs well for the peaceful coastal nation, which serves as an economic gateway to several other West African economies.
6 Nov
News > Investors
International Enterprise (IE) Singapore has signed a Memorandum of Understanding (MOU) with the International Finance Corporation (IFC), a member of the World Bank Group, to help more Singapore companies access in-depth market insights and financing opportunities in emerging markets of Africa, Southeast Asia and South Asia.
2 Nov
News > Investors
IFC-led syndicate has provided a landmark $653m debt package that will finance the construction of 13 solar power plants near the Egyptian city of Aswan.
31 Oct
News > Investors
Shell Foundation and FMO have agreed to cooperate in the fields of access to energy in Sub-Saharan Africa and India, and investment in financial institutions with specific goals to increase access to finance, reduce inequality and promote green financing and agribusiness.
30 Oct
News > Investors
The European Investment Bank (EIB) has backed the $100m Cepheus Growth Capital Fund, an Ethiopia-focused fund, with $10m participation.
30 Oct
News > Investors
A US-based investment product linked to Africa’s higher yielding emerging markets presents a powerful proposition to global investors looking to access African yield, according to Standard Bank.
25 Oct
News > Investors
Zambia has become the first Southern African member country of Africa Finance Corporation (AFC), a development finance institution for infrastructure in Africa.
25 Oct
News > Investors
South Africa-based Stanbic Bank has led a $55m local currency equivalent debt facility and has committed $9m to M-KOPA Solar, a pay-as-you-go energy provider to off-grid homes.
24 Oct
News > Investors
Africa Finance Corporation (AFC) has signed an Accreditation Master Agreement (AMA) with the Green Climate Fund (GCF) in Seoul, South Korea.
17 Oct
News > Investors
The UK’s development finance institution, CDC Group is in search of compelling new long-term investment opportunities, prioritising the Francophone West Africa region.
11 Oct
News > Investors
FMO has agreed to provide a long-term loan of $10m to the African Local Currency Bond Fund (ALCB Fund).
5 Oct
News > Investors
CDC Group, the UK’s development finance institution, has invested $40m in Africa Capitalworks (ACW), an investment company that will provide permanent equity capital to growing mid-market companies across sub-Saharan Africa.
2 Oct
News > Investors
Rx Healthcare Fund has announced that GE Healthcare, a global provider of transformational medical technologies and services, is set to become an anchor limited partner in Rx.
2 Oct
News > Investors
FMO has underwritten a $39m senior debt for the financing of the 16MW Rand 6MW Nyamagasani 1 and 2 run-of-the-river hydropower projects in Uganda.
