African banks continued to outperform global peers, delivering some of the highest returns in the global financial system, driven by strong interest margins, rising fee income, and rapid digital adoption, according to a recent McKinsey report.
Knife Capital has exited its stake in VoxCroft Analytics' US entity through a sale to Redpoint Advisors, a US-based intelligence advisory firm, marking a successful exit for the venture capital firm's KNF II fund and underscoring growing international interest in African-developed technology.
Standard Bank has acted as Joint Financial Adviser and Transaction Sponsor to CANAL+ on its secondary inward listing on the Johannesburg Stock Exchange (JSE), enabling the company's shares to trade on both the JSE and the London Stock Exchange.
Ecobank Group has launched the first International Capital Market Association (ICMA) commercial bank-issued Nature Bond, raising $450 million to support sustainable agriculture, biodiversity protection and water infrastructure projects across Africa.
British International Investment (BII), the UK’s development finance institution and impact investor, has provided a $20 million senior secured portfolio debt facility to Anzana Electric Group to accelerate the construction of run-of-river hydropower projects across Africa.
The Private Infrastructure Development Group (PIDG) has joined an investor consortium to close the final funding gap for a $137 million maritime infrastructure project in Ghana, paving the way for financial close and construction of the Takoradi Floating Dock Project, known as Shiprite.
Belgian development finance institution, BIO has announced a $5 million investment in Société de Microcrédits Congolais (SMICO), a microfinance institution operating in the Democratic Republic of the Congo, as part of efforts to expand financial inclusion and support small businesses in underserved markets.
The African Export-Import Bank (Afreximbank) has extended a $15 million SME finance facility to Ecobank Zimbabwe under its Export SME Development Programme (ESDP), in a move aimed at strengthening export-oriented small businesses across key sectors of the economy.
AfricInvest, through its Financial Inclusion Vehicle (FIVE), has led a growth investment round in BFREE, a pan-African investor in distressed retail and SME loans, as the company looks to expand portfolio acquisitions, deepen partnerships with financial institutions, and enter additional African markets.
The Mastercard Foundation Africa Growth Fund has made an anchor investment in Sabou Capital, a Nigeria-based impact fund focused on scaling small and medium-sized enterprises across West and Central Africa, as institutional capital begins to flow more deliberately toward secondary cities and underserved regional markets.
