FMO, the Dutch entrepreneurial development bank, has agreed to provide up to €55.5 million in long-term financing for the 50 MWp Kong solar photovoltaic power plant in northern Côte d’Ivoire.
The Energy and Environment Partnership Trust Fund (EEP Africa) has awarded a €1 million grant to Solarise Africa to support the expansion of its renewable energy leasing operations in Uganda and Zambia.
Black-owned and -led businesses across five African markets face a combined financing gap of $209 billion, according to a new report by British International Investment (BII) and Swedfund.
Absa has invested in Lendable’s $255 million MSME Fintech Credit Fund 2 (LMFCF2), becoming the first African bank to participate in the emerging markets private credit strategy.
British International Investment (BII) has committed $65 million across Zambia and Zimbabwe as the UK development finance institution rolls out its new five-year strategy in the two frontier markets.
The European Bank for Reconstruction and Development (EBRD) has provided a $40 million four-year term loan to EFG Holding to expand financing for micro, small and medium-sized enterprises (MSMEs) in Egypt.
African Export-Import Bank (Afreximbank) and the Development Bank of Southern Africa (DBSA) have signed a Joint Project Preparation Facility Framework Agreement to develop a pipeline of bankable infrastructure and industrial projects across South Africa and the wider Southern African region.
The U.S. International Development Finance Corporation (DFC) has approved a new package of investments that includes digital infrastructure and critical minerals projects in Africa, alongside a trade finance partnership targeting emerging markets.
British International Investment (BII) plans for 30% of new investments in its core portfolio to qualify under the 2X Challenge as part of its 2026–31 strategy, expanding its focus on gender-lens investing across Africa and other markets.
Africa GreenCo has raised $21.5 million in a third close, securing additional capital from existing shareholders the Private Infrastructure Development Group (PIDG) and Impact Fund Denmark (IFDK), alongside new investor Sanlam Alternative Investments.
Swedfund has committed a $20 million loan to the Africa Go Green Fund to expand debt financing for businesses and projects focused on energy efficiency and emissions reduction across Africa.
Africa50 has secured new investment commitments and strategic partnerships as it seeks to mobilise more capital for infrastructure projects across Africa, with new initiatives spanning energy, electricity transmission, healthcare and infrastructure funds.
British International Investment (BII) has signed a Memorandum of Understanding with Africa50 to strengthen collaboration and mobilise more investment into infrastructure across Africa.
The African Development Bank (AfDB) has invested US$332 million (ZAR5.4 billion) in a social bond issued by Standard Bank Group to expand financing for small and medium-sized enterprises (SMEs) across South Africa, while also supporting the country's evolving banking framework.
