9 Jun
News > Investors
Proparco, the private financing arm of Group Agence Française de Développement (AFD Group), has agreed to invest $10m in MUA, a regional insurer with operations in Mauritius, Kenya, Uganda, Rwanda, Tanzania, and the Seychelles.
18 May
News > Investors
Shelter Afrique, a pan-African housing finance and development institution has issued its debut ₦46bn ($110.7m) Series 1 Fixed Rate Senior Unsecured Bond Issuance in Nigeria’s capital market under its ₦200bn ($481.3m) bond issuance programme.
19 Apr
News > Investors
IFU and Norfund have invested $27.9m in Continental Blue Investments Ghana (CBI), a producer of cement in Ghana that operates a 550,000 tons p.a. facility outside Accra in southern Ghana.
7 Apr
News > Investors
CDC Group, the UK’s development finance institution and impact investor, has been formally renamed British International Investment (BII).
10 Mar
News > Investors
The European Investment Bank (EIB) has announced an additional €10m through a first-loss equity investment in the Janngo Capital Start-up Fund as a flagship fund of the Boost Africa initiative.
10 Mar
News > Investors
Norfund, the Norwegian investment fund for developing countries, and CDC Group, the UK's development finance institution (DFI), will invest ZAR 600m in H1 Capital (Norfund R360m and CDC R240m) – a South-African black-owned and managed renewables investment and development company.
3 Mar
News > Investors
Bank of America has deployed $5m into the Agri-Business Capital Fund (ABC Fund), a blended-finance impact fund investing in smallholder farmers and small-to-medium sized rural agribusinesses in developing countries to support sustainable and inclusive agricultural value chains.
2 Mar
News > Investors
The African Development Bank has signed a grant agreement for an amount of $400,000 with the Dépositaire Central/Banque de Règlement of the West African Monetary Union (WAMU) to modernize the regional financial market infrastructure.
28 Feb
News > Investors
CDC Group, Norfund and DFC have invested $90m in AgDevCo, a specialist investor in early-stage African agribusinesses.
22 Feb
News > Investors
CDC Group has announced a $100m finance facility to First Bank of Nigeria.
9 Feb
News > Investors
Germany’s development finance institution, DEG has committed $20m to Convergence Partners Digital Infrastructure Fund (CPDIF) and $21m to Vantage Capital’s fourth mezzanine fund
3 Feb
News > Investors
DEG has invested $7.5m in Copia Global, an e-commerce company in East Africa.
20 Jan
News > Investors
Africa Finance Corporation has raised $400m in a new syndicated loan to support the post-pandemic recovery through critical development of infrastructure.
18 Jan
News > Investors
FMO has approved a €5m investment in Fin'Elle, a subsidiary of the COFINA Group dedicated to supporting women entrepreneurs in Côte d'Ivoire and offering adapted and accessible financial services.