The African Development Bank (AfDB) has invested $8.2m in Shelter Afrique, a Pan-African finance institution exclusively supporting the development of the housing and real estate sector in Africa.
Centum Foundation has invested an undisclosed amount in Elimu TV, a content provider focused on creating multimedia content for various platforms including online, satellite and digital transmission in East Africa.
Africa Finance Corporation (AFC) has completed the purchase of InfraCo Africa's stake in Cabeólica, a Cape Verdean wind independent power producer.
IFC, a member of the World Bank Group, has invested in Nigeria-based Indorama Eleme Fertilizer Company to support the expansion of the country’s largest fertilizer production facility.
The European Investment Bank (EIB), the world’s largest international public bank, is looking to expand its portfolio in Kenya and the wider East African region, Africa Global Funds has learned.
The Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Fund, along with IFC, a member of the World Bank Group, are looking to increase investments in the Nigerian health sector.
Centum Foundation, an initiative founded by Centum Investment Company, is planing to invest up to $5m in African startups by 2019.
Bayport Management, an emerging market financial services group, has closed a $250m senior debt facility with the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution.
The Danish government, the Investment Fund for Developing Countries (IFU), PensionDanmark and PKA, have jointly invested $102.28m (DKK 700m) in the Danish Agribusiness Fund, which will back agri projects in developing countries.
Convergence has launched the world’s first deal sourcing platform that helps public and private investors find and connect with each other for blended finance investments in emerging and frontier markets.
IFC has agreed to invest $6.75m in Mauritius-based CIEL Healthcare to help the company acquire and operate a chain of hospitals across sub-Saharan Africa.
The Dangote Foundation and Bill & Melinda Gates Foundation have announced a combined commitment of $100m over the next five years (2016-2020) towards ending undernutrition in Nigeria.
The Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has announced a $4m financing commitment to Envirofit International, a social enterprise that innovates smart energy products to improve lives on a global scale.
Letshego Holdings, a financial inclusion focused group with consumer, micro lending and deposit-taking subsidiaries across Southern and East Africa, has acquired a 100% shareholding in FBN Microfinance Bank (FBN MFB) from its parent, FBN Holdings.
