DFC, U.S. International Development Finance Corporation, has agreed to invest $40m in the Energy Entrepreneurs Growth Fund (EEGF), in a mix of junior and senior notes.
Standard Bank and the SA SME Fund have joined other credible investors in backing venture capital firm Knife Capital’s new $50m African Series B expansion fund, Knife Fund III.
The Arab Bank for Economic Development in Africa (BADEA), the Motor Industry Retirement Funds (MIRF) and Copartes Pension Fund have invested $60m in the African Women Impact Fund (AWIF) Initiative.
The African Development Bank (AfDB) has issued a R200m 1-year Green Bond due September 2023, the first AfDB Green Bond denominated in ZAR.
The International Finance Corporation (IFC) has offered a $35m financing package to Jubaili Agrotec, a Nigeria-based agrochemicals manufacturer and distributor, to increase smallholder farmers’ access to key input and boost food production to strengthen food security in sub-Saharan Africa.
The Infrastructure Development Bank of Zimbabwe (IDBZ) has joined forces with Norsad Capital, to introduce each other to potential transactions and seek to collaborate and share risk.
British International Investment (BII), the UK's development finance institution (DFI) and impact investor, has announced new commitments to Algebra Ventures and Endure Capital.
U.S. International Development Finance Corporation (DFC) has made the first disbursement of $83m of its up to $300m loan to Africa Data Centres,
The Public Investment Corporation (PIC), Africa’s largest asset manager, has given formal notification to make a $100m equity investment in the Africa Finance Corporation (AFC).
IFC has invested in Uhuru Growth Fund I, a fund managed by Uhuru Investment Partners, a middle-market private equity firm in West Africa.
British International Investment (BII) and FMO have announced a $116m joint commitment to African Infrastructure Investment Fund 4 (AIIF4), managed by African Infrastructure Investment Managers (AIIM).
Angola, Africa’s largest oil producer, has partnered with the Africa Finance Corporation as a shareholder and its 35th member state.
DFC, the U.S. International Development Finance Corporation, has agreed to invest $280m in Access Bank in Nigeria alongside Access Bank Managing Director Roosevelt Ogbonna.
FMO, the Dutch entrepreneurial development bank, has committed $10m in Algebra Ventures’ second fund.
