5 Dec
News > Investors
Barclays Africa Group Limited (BAGL) and China Development Bank (CDB) have signed a memorandum of understanding (MoU) aimed at strengthening cooperation and exploring opportunities to fund development projects in Africa.
Given CDB’s focus on infrastructure finance for roads, railways and dams, Barclays Africa will leverage the MoU to unlock opportunities in order to strengthen its contribution towards Africa’s economic growth and development.
26 Nov
News > Investors
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of IDB Group, and BSIC Niger have entered into an agreement to finance SMEs in Niger.
20 Nov
News > Investors
Finnfund, a Finnish development finance company, has invested $6m in Jumo, a financial services platform providing mobile financial services in emerging markets.
16 Nov
News > Investors
KfW, the German Development Bank, and the African Trade Insurance Agency (ATI) have launched a new instrument to support renewable energy projects in sub-Saharan Africa that targets small- and mid-scale (up to 50 MW) green power renewable energy projects.
14 Nov
News > Investors
Capria, a global investment firm advancing the next generation of local impact fund managers in emerging markets, has agreed to invest in Lateral Capital, a fund manager, operating in Africa, who has joined Capria Network.
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.
