The African Development Bank Group has granted a $100m loan to the Emerging Africa and Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company, managed by the investment firm Ninety One.
African Development Bank Group has approved a $310m financial package to FirstRand Bank, a wholly owned subsidiary of the FirstRand Group and one of the largest financial institutions in Africa.
Swedfund, Sweden’s development finance institution, has invested in Solar Saver to expand access to clean and reliable energy in Southern Africa.
Ghanaian pension funds prioritise investments in healthcare (55%), agribusiness (45%), and technology (40%), according to a new report from the African Private Capital Association (AVCA).
The European Investment Bank’s development arm (EIB Global) has committed $110m loan to international commodities company ETG, one of Africa’s leading agribusiness supply chain players.
OeEB alongside Impact Fund Denmark has provided Robust International, a multinational agricultural commodities trader, with $25m in working capital.
Africa Finance Corporation (AFC), an infrastructure solutions provider in Africa, has successfully closed its largest-ever debt facility, a landmark $1.5bn syndicated loan.
Together with the Dutch development finance institution FMO, OeEB has invested €30m in the Hivos-Triodos Fonds.
The African Development Bank Group and Michael R. Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies and Chair of the Glasgow Financial Alliance for Net Zero (GFANZ), have formed a new partnership to mobilize private sector investment across the African continent into areas that will boost jobs and development.
African Guarantee Fund (AGF) and Visa Foundation have signed a $2m grant agreement that will go towards bridging the financing gap for women-led and owned small and medium-sized enterprises (WSMEs) across Africa.
British International Investment (BII), the UK’s development finance institution and impact investor, has announced a $7.5m debt investment in Nigerian agri-tech platform, Babban Gona, to boost food security and climate resilience for smallholder farmers in Northern Nigeria.
Africa50, an investment platform established by African governments and the African Development Bank, has surpassed $1.4bn in managed assets.
The African Development Bank has signed a $850,000 grant agreement with Invest in Africa (IIA), a non-profit organization, to support the MicroGREEN project to provide livelihood opportunities for marginalized and vulnerable groups in Ghana and Senegal.
Africa Go Green Fund (AGG), managed by Cygnum Capital, has commited €15m debt facility to Kasada’s green-certified hotel development in Abidjan’s Angré district, Côte d’Ivoire.
