Norfund has, together with Shuraako, a program of One Earth Future, and the Danish development finance institution, IFU, have launched the Nordic Horn of Africa Opportunities Fund.
Imperial College London and the Massachusetts Institute of Technology (MIT) have launched a seed fund for ‘blue-skies’ research worth up to $100,000, with a regional focus on Africa.
Britam has launched a unit-linked investment product which offers customers the opportunity to earn high returns while providing them with life insurance protection cover.
Adventis, a specialist investment company focusing on the African continent, has launched two investment vehicles - the Africa Enhanced Income Fund and the Africa Equity Fund. Adventis has agreed to purchase Africa Merchant Capital’s investment management business, which manages the Africa Merchant Sub-Sahara Fund.
Cloud Atlas Investing, a Johannesburg based Pan African Exchange Traded Fund (ETF) issuer, has opened the Initial Public Offer of the AMI Real Estate Fund (AMIRE), running from February 7 to March 2, 2018.
I&P, Comoé Capital, and the Jacobs Foundation have launched a new impact fund dedicated to education in Côte d’Ivoire, the Education Impact Fund (EIF).
Capitalworks, a South African private equity firm, has launched Africa Capitalworks, an investment company that will deploy permanent equity capital in mid-market companies in selected sectors across sub-Saharan Africa, excluding South Africa.
The Federal Government of Nigeria has received credit from the International Development Association (IDA) and intends to apply $30m Naira equivalent of the proceeds towards the establishment and management of a commercially viable SME Investment Fund under the Growth and Employment Project.
Satrix has listed a new exchange traded fund on the Johannesburg Stock Exchange, which tracks the MSCI Emerging Markets Investable Market Index.
Denmark-based A.P. Moller Holding, PKA, PensionDanmark and Lægernes Pension have jointly launched an Africa-focused infrastructure fund.
Impact Investment Trust, an investment company offering exposure to a portfolio of funds investing for impact in developing countries, is planning to raise up to $150m via an IPO on the London Stock Exchange.
Kuramo Capital Management and Nile Capital Management have announced a strategic partnership to launch a new investment management entity called Kuramo Nile Capital Management (Kuramo Nile).
Sanlam and Africa Infrastructure Securities (InfraSec) have launched the Sanlam InfraSec Infrastructure Fund, a US dollar-denominated fund that will invest in infrastructure projects with an emphasis on economic growth, social upliftment and energy.
Amundi and IFC have agreed to create the largest green-bond fund dedicated to emerging markets, a $2bn initiative that aims to deepen local capital markets and expand financing for climate investments.