Finnfund invests in Ethiopian poultry company
Finnfund has granted Agflow Poultry, owner of EthioChicken, a $10m loan to support the development and expansion of the company's operations in Ethiopia.
Finnfund has granted Agflow Poultry, owner of EthioChicken, a $10m loan to support the development and expansion of the company's operations in Ethiopia.
Calvert Foundation is targeting to invest $50m across 10-15 investments in the next 18-24 months across different sectors in Africa, according to Jenn Pryce, President and CEO.
Standard Bank has finalised a $120m debt package with Zimbabwe Power Company (ZPC), for the rehabilitation of existing power infrastructure at Kariba South Hydro Power Station and Hwange Thermal Power Station.
The Ford Foundation has said it will commit up to $1bn from its $12bn endowment over the next 10 years to mission-related investments (MRIs).
The Aga Khan Fund for Economic Development (AKFED), its industrial and infrastructure development arm, IPS, and CDC Group have launched a joint power platform that will boost power generation in sub-Saharan Africa.
IFC has invested $22m to support the expansion of Bounty Brands, a South African platform that sells food, personal care and home care goods in over 40 countries globally.
Obviam has committed $8m on behalf of SIFEM to Catalyst Fund II, a $175m private equity fund that will make investments in SMEs and other fast growing companies in East Africa.
Africa Finance Corporation (AFC), a pan-African multilateral development finance institution and project developer, has issued a $500m 7-year Eurobond.
FMO has invested in Indorama Eleme Fertilizer & Chemicals, Sub-Saharan Africa's largest urea fertilizer manufacturer.
IFC has made a combined investment and mobilization of $11m into Kenyan company Insta Products, which produces ready-to-use therapeutic food.
IFC, a member of the World Bank Group, has signed a €15.5m investment with Standard Chartered Bank Cameroon to finance the cotton campaign.
International Finance Corporation and the OPEC Fund for International Development (OFID) have invested $10m each in Metalco Industries Company, a Zambian company that recycles metal scrap to manufacture copper cables, lead-acid batteries, aluminum sheets and utensils.
The National Pension Fund Mauritius will invest $12.84m in the Mauritian subsidiary of Mara Delta through a nonredeemable preference share issue at a coupon rate of 6.25% per annum.
The Norwegian Investment Fund for Developing Countries (Norfund) has announced a $7.4m investment in Verde Beef Processing, an Ethiopian beef producer.