CDC Group, the UK’s development finance institution and impact investor, has committed $15m to TLcom’s TIDE Africa Fund to support early stage high-growth start-ups across Sub-Saharan Africa (SSA).
CDC Group, the UK’s development finance institution and impact investor, has made a $20m commitment to the Metier Sustainable Capital II Fund.
The Sovereign Fund of Egypt (TSFE) and Actis, a UK based emerging markets investor, have signed a Memorandum of Understanding (MOU) relating to strategic cooperation across multiple sectors in Egypt.
The German development finance institution DEG has committed €30m to the AfricaGrow fund of funds (FoF), managed by Allianz Global Investors.
The European Commission (EC) has provided €40m in guarantees to FMO Ventures Program, which will aim to invest a total of €200m in both fund and direct investments in Africa, the European Neighbourhood and Asia (excluding China).
Africa's highest investment-grade rated (AAA) supranational finance institution, the African Development Bank Group, has invested $50m in the equity of Africa Finance Corporation.
The US International Development Finance Corporation (DFC) and African Development Bank are planning to invest a combined $2bn in Africa, with a goal of mobilizing an additional $3bn from the private sector alongside their investments.
The African Development Bank, Credit Suisse AG, the Industrial and Commercial Bank of China and Ghana Cocoa Board (COCOBOD) have signed a $600m syndicated receivables-backed term loan to boost cocoa productivity in Ghana.
The African Development Bank and Japan’s Government Pension Investment Fund (GPIF) have signed a partnership to promote environmental, social and governance investments in the global capital markets.
The African Development Bank Group has approved loans of around €209m to fund the expansion of a highway that links major economic hubs in Kenya.
The Dutch entrepreneurial development bank, FMO has provided €8m loan to Niche Confectionery, which supports local cocoa processing in Ghana.
The Danish SDG Investment Fund, managed by IFU, has invested DKK45m ($6.67m) in Africa Education Holding, which offers affordable high-quality programmes in labour market relevant studies of medicine, business, IT, law and social sciences.
Africa Finance Corporation (AFC), Africa's investment-grade infrastructure solutions provider, has successfully closed a general syndication, which raised $233m and JPY1bn, the largest debut Samurai Loan by an African issuer.
The Republic of Mauritius has become the twenty-third (23rd) member state of Africa Finance Corporation (AFC), Africa’s investment grade, infrastructure solutions provider.