The International Finance Corporation (IFC), the investment arm of the World Bank, has announced its intention to acquire a significant stake in Britam Holdings.
The Dutch Development Bank FMO has invested €200k in the Technical Assistance Facility of the SANAD Fund for MSME.
CDC Group, the UK’s development finance institution, has invested $20m in Solon Capital Holdings, an investment holding company based in Sierra Leone.
Norfund has made a $2.75m (23.3m NOK) loan commitment to Afrisphere Worldwide, who trades as Nyama World with fully integrated beef production company in Malawi.
IFC has approved an investment of $635m that will help construct, operate and maintain up to 11 solar power plants in Egypt.
The Emerging Africa Infrastructure Fund (EAIF) and FMO, the Dutch development bank, have jointly provided a $29.3m of senior debt with a 12-year term to refinance the 13MW Bugoye hydro-electric power plant in Western Uganda.
Absa Bank, a subsidiary of the Barclays Africa Group (BAGL), has concluded a 5-year $100m special facility agreement with the China Development Bank (CDB).
Africa Finance Corporation (AFC), a pan-African multilateral development finance institution and project developer, has provided a $28m subordinated loan facility for the development of Topic SA's (Topic) Halk El Menzel offshore oil concession block (The Helm Project) in Northern Tunisia.
IFC has announced a loan of up to R2.6bn ($200m) to FirstRand, in a transaction that launches a broader program aimed at expanding SME lending and strengthen support for small and medium enterprises by the formal banking sector.
IFC and Proparco, have invested €100m and €35m, respectively, in the first green bond issuance by Banque Centrale Populaire (BCP), to promote sustainable, environment friendly projects in Morocco.
The African Development Bank (AfDB) has announced a $15m equity investment in Shore Capital Fund III, a multinational private equity fund, which promotes financial inclusion in Africa.
IFC, a member of the World Bank Group, has invested $4.5m in the Medical Credit Fund (MCF), part of the PharmAccess Group, to increase access to quality healthcare in Africa.
MIGA has provided guarantees, amounting to a combined $677.3m, for international lenders looking to strengthen South Africa’s Land and Agricultural Development Bank (Land Bank), and the Development Bank of Southern Africa (DBSA).
The European Investment Bank (EIB) has agreed to provide a €50 loan to finance development of the drinking water supply and sanitation network of the city of Bamako, Mali.
