The IDH Farmfit Fund has acted as anchor investor in Kenya’s first private-sector local currency securitisation in the smallholder agriculture sector, a transaction structured by Kaleidofin in partnership with agri-finance company Apollo Agriculture.
The Emerging Africa & Asia Infrastructure Fund (EAAIF), part of the Private Infrastructure Development Group and managed by Ninety One, has committed a $40 million senior secured loan to support the development of Egypt’s first sustainable aviation fuel (SAF) production facility.
Gaia Renewables 1, listed on the Cape Town Stock Exchange (CTSE), has announced the refinancing of empowerment stakes in De Aar 1 and 2 wind farms in the Northern Cape.
The World Bank Group’s private sector arm, the International Finance Corporation (IFC), and Standard Chartered have launched a risk-sharing facility of up to $300 million to expand supply chain finance and support business growth across Africa.
British International Investment (BII), the UK’s development finance institution and impact investor, has committed $5 million in debt financing to Ethiopian electric mobility company Dodai as part of its $13 million Series A funding round.
Vantage Capital has provided $45 million in mezzanine debt financing to Egyptian specialty paints and coatings producer International Group for Modern Coatings (MIDO), in one of the country’s largest mezzanine debt transactions.
The Development Bank of Southern Africa (DBSA) has committed capital to Africa Finance Corporation’s (AFC) $750 million Infrastructure Climate Resilient Fund (ICRF), in a move aimed at expanding climate adaptation financing across the continent.
Mediterrania Capital Partners (MCP), a private equity firm focused on growth investments in Africa, has announced the signing of a Share Purchase Agreement for the acquisition of 100% of Société Marocaine des Manufactures de Mohammedia (SMMM), the holding company of Amcor Flexibles Mohammedia (AFM), from Amcor Group.
British International Investment (BII), the UK’s development finance institution and impact investor, has launched a new five-year strategy aimed at mobilising £9 billion of capital into Africa to support economic growth, with a stronger focus on frontier markets, climate finance and private sector development.
Liquid Intelligent Technologies has completed a $660 million debt refinancing, anchored by a $300 million Eurobond that was oversubscribed 2.5 times, in a sign of investor confidence in Africa’s digital infrastructure sector.
