The World Bank is planning to lend Tunisia up to $5bn over a five-year period to support the private sector, particularly in the southern and western parts of the country.
The African Development Bank (AfDB) has approved a $25m equity investment in the Abraaj Growth Markets Health (Africa) Fund, the Africa focused parallel partnership of the Abraaj Growth Markets Health Fund.
The Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has announced the opening of OPIC’s first-ever West Africa and Central regional office, located in Abidjan, Côte d’Ivoire.
China-Africa Development Fund (CADFund), a Beijing-based private equity firm focusing on Africa, and the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IDB) Group, have joined forces to enhance trade and investment opportunities in Africa.
IFC, a member of the World Bank Group, and the Global Agriculture and Food Security Program have announced a $3m investment in SMTP Group to expand the company’s poultry operations in Madagascar.
The Norwegian Investment Fund for Developing Countries (Norfund) has recently announced a $10m investment in the East Africa based freight and logistics company Freight in Time (FiT).
The African Development Bank Group has approved a $24m loan to support Rwanda’s contribution to the development of the Multinational Ruzizi III Hydropower Project.
The MasterCard Foundation and the International Centre of Insect Physiology and Ecology (icipe), have announced a $10.35m commitment towards creating employment opportunities for young people through beekeeping and silkworm farming in Ethiopia.
IFC, a member of the World Bank Group, has invested $144m in Sonker Bunkering Company, SAE, to help develop vital new energy infrastructure and boost the performance and competitiveness of Egypt’s ports.
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 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.
