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.
Cloud Atlas Investing has listed its Africa-focused ETF on the Johannesburg Stock Exchange (JSE) at a NAV price of R11.86 per unit, Africa Global Funds has learned.
Enko Capital has unveiled the Enko Africa Debt Fund (EADF) to invest solely in fixed income securities issued by corporates and sovereigns, denominated in local and hard currencies across Africa.
Outlierz, a Moroccan based investment firm, has launched a new seed fund dedicated to provide smart capital to startups in Africa.
Mawer Investment Management, a Canadian independent investment firm managing in excess of $40bn across all major asset classes, has launched its first emerging markets fund with allocation to Africa.
Jaltech, a South African boutique corporate finance firm, and Stefanutti Stocks, a construction group listed on the JSE, have launched the JSS Empowerment Mining Fund to invest in junior mining companies.
The European Union (EU), the International Fund for Agricultural Development (IFAD) and the National Social Security Fund (NSSF) have jointly launched the Yield Uganda Investment Fund.
Barak Fund Management, a Mauritius based asset manager, has recently launched a Trade Finance Fund focusing on fully Shariah-compliant transactions in Africa.
AfricInvest and Bpifrance have launched the first cross-border investment fund dedicated to the development of small and medium-sized enterprises (SMEs) in both Africa and France.
Moroccan Sovereign Investment Fund, Ithmar Capital and the World Bank Group have agreed to establish the first pan-African fund dedicated to green investment in Africa.
Stanbic IBTC, a member of Standard Bank Group, has announced public offering of the Stanbic IBTC Dollar Fund (SIDF) and SIAML Pension ETF 40, following the granting of relevant approvals by the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange.
South Africa’s Emira Property Fund has joined forces with retail property specialists ONE Property Holdings to grow their retail assets and create a larger low LSM retail portfolio.
Vukile Property Fund, Arrowhead Properties and Synergy Income Fund have concluded agreements to create a high-yield, high-growth fund within the existing entity of Synergy, to be renamed GemGrow Properties.
The City of Cape Town and The Nature Conservancy are looking to establish South Africa’s first water fund in order to safeguard water supplies and biodiversity, while supporting local livelihoods.