EIB Commits €40m to Speedinvest's Fund
EIB Global will invest €40 million in Speedinvest’s first Africa-focused fund to support financing for technology startups across the continent.
EIB Global will invest €40 million in Speedinvest’s first Africa-focused fund to support financing for technology startups across the continent.
British International Investment (BII), the UK’s development finance institution and impact investor, has provided $15m in mezzanine debt financing to Starsight Energy Africa Group to support the expansion of clean energy solutions for commercial and industrial customers across Sub-Saharan Africa.
Access Bank's Managing Director and Chief Executive Officer, Roosevelt Ogbonna, has called for stronger collaboration among policymakers, financiers and businesses to accelerate trade within Africa and unlock the continent’s economic potential.
Mediterrania Capital Partners has announced the first closing of MCP RE II FPCC RFA, its second real estate investment fund dedicated to Morocco, with investor commitments reaching MAD 380 million.
Persistent has launched the $70 million Persistent Africa Climate Venture Fund (Persistent ACV Fund), with a first close of $52 million and an additional $5 million Venture Building Facility (VBF) to accelerate the growth of early-stage climate ventures across Africa.
British International Investment (BII), the UK’s development finance institution and impact investor, and ILX, an Amsterdam-based emerging market private debt asset manager, have completed their first joint transaction to expand financing for micro, small and medium-sized enterprises (MSMEs) and agricultural businesses in East Africa.
Inspired Evolution has announced the successful exit of its Evolution II Fund’s controlling stake in Commercial Energy SA (CESA), a South African clean energy platform specialising in the ownership and operation of commercial and industrial (C&I) solar photovoltaic (PV) and battery energy storage systems (BESS) assets.
The government of the Democratic Republic of the Congo has officially announced the creation of a new Strategic Sovereign Fund, the Fonds d’Investissement Stratégique (FIS RDC).
South Africa’s retirement industry is entering a period of accelerated change, with new data revealing how governance, member behaviour and risk management are being reshaped in real time.
Phatisa has sold its majority stake in Copperbelt Agri Holdings the holding company of Goldenlay, Zambia’s largest table‑egg producer, to Vanden Avenne Group, a Belgian integrated feed and protein manufacturer.