British International Investment (BII), the UK’s development finance institution and impact investor, has announced its anchor commitment of $15m equivalent in Tanzanian Shilling to NMB Bank’s (NMB) inaugural sustainability bond offering, known as the NMB Jamii Bond.
The U.S. International Development Finance Corporation (DFC) has committed a $24m equity investment in Miro Forestry Developments Limited (Miro) to expand the company’s sustainable forestry and timber processing on degraded land in West Africa.
British International Investment (BII), the UK’s development finance institution and impact investor, has announced $5m in debt funding for BasiGo, Africa’s leading Electric Bus solution provider.
The Mastercard Foundation Africa Growth Fund ( Fund of Funds, FoF) has invested in three Investment Vehicles (IVs): Chui Ventures, VestedWorld, and SME Impact Fund.
British International Investment (BII), UK’s development finance institution and impact investor, has committed €15m in the new MC IV fund to support mid-cap companies in North and Sub-Saharan Africa.
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has committed $26.5m to AFEX, Africa’s leading commodities platform, which currently operates over 200 warehouses in Nigeria, Kenya, and Uganda and serves over 450,000 farmers.
IFC has announced a $50m equity investment in LeapFrog Emerging Consumer Fund IV LP, a new fund by LeapFrog Investments, one of the largest private equity groups dedicated to impact investing in emerging markets.
The European Bank for Reconstruction and Development (EBRD), a multilateral bank that promotes the development of the private sector and entrepreneurial initiative in 36 economies across three continents, will be investing up to €30m in the new Mediterrania Capital Partners’s MC IV fund to support mid-cap companies in North and Sub-Saharan Africa.
Turaco, Africa’s tech-enabled affordable insurance company, has acquired a microinsurance company, MicroEnsure Ghana from MIC Global.
The African Development Fund, the African Development Bank Group’s concessional lending window, has approved a $19.98m grant to finance the implementation of Mozambique’s Economic Acceleration and Governance Support Programme.
FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has announced investments totalling $19.5m in Acre Impact Capital’s Export Finance Fund I, Catalyst Fund and Camco’s Spark Energy Services.
British International Investment (BII) and FMO have announced their joint commitments of up to $20m each to Dashen Bank (Dashen), one of Ethiopia's largest private sector banks.
Bank of America has completed a first of its kind debt-for-nature transaction in Continental Africa to refinance $500m of sovereign debt of the Gabonese Republic.
IFC has announced an equity investment of $25m in Metier Capital Growth Fund III (MCGF III) as well as a co-investment envelope of $15m to invest alongside the fund in select companies.
