FMO Leads Loan Facility for Access Bank
FMO has announced a $295m syndicated loan facility to Access Bank.
FMO has announced a $295m syndicated loan facility to Access Bank.
IFC has announced a risk-sharing facility (RSF) for a total amount of up to $40m equivalent in West African CFA with Bridge Bank Group Côte d'Ivoire (BBGCI).
FMO has agreed to support the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA) through a $10m investment.
British International Investment (BII), the UK's development finance institution (DFI) and impact investor, has announced a $20m senior secured loan to TerraPay, a global cross-border payments processor with a key focus on remittance transfers into Africa.
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.