Private climate finance in Africa has more than tripled since 2019/20, reaching $26.5 billion annually in 2023/24, according to a new report by Climate Policy Initiative (CPI), FSD Africa and the governments of Norway and the UK.
Adenia Partners has completed a partial exit from Kenyan supermarket chain Quickmart following an oversubscribed KES 15 billion ($115.4 million) share offering and the company's listing on the Nairobi Securities Exchange (NSE).
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has committed $18.15 million to support the development of a 100MWp solar power plant in Dawa, Ghana.
African Export-Import Bank (Afreximbank) has committed a $75 million financing facility to the Development Bank of Nigeria (DBN) to expand access to finance for Nigerian small and medium-sized enterprises (SMEs), including businesses in the creative industries.
British International Investment (BII), the UK's development finance institution and impact investor, has launched its 2026–2031 strategy in Kenya, outlining plans to deploy approximately $6.7 billion of its own capital and mobilise up to $5.3 billion in private investment across Africa.
FSD Africa and Nigeria’s Pension Industry Leadership Council (PILC) have signed an agreement to support the establishment of a proposed $750 million infrastructure investment fund aimed at mobilising domestic pension capital and development finance.
British International Investment (BII), the UK's development finance institution and impact investor, has launched its 2026–2031 strategy in Kenya, outlining plans to deploy approximately $6.7 billion of its own capital and mobilise up to $5.3 billion in private investment across Africa.
EFG Hermes, an EFG Holding company, has acted as Joint Global Coordinator and Joint Bookrunner on Banque du Caire’s initial public offering (IPO) on the Egyptian Exchange (EGX), raising EGP 36.37 billion ($658 million).
Mediterrania Capital Partners (MCP) has completed an investment in AFG Assurances, the insurance arm of Atlantic Group, to support its expansion across Francophone Africa.
The European Investment Bank Group's development arm, EIB Global, has partnered with Dashen Bank to provide €40 million in financing to small and medium-sized enterprises (SMEs) in Ethiopia, with a focus on agriculture, climate action and women-led businesses.
