11 May
News > Investors
The Fund for Africa Private Sector Assistance (FAPA) hosted by the African Development Bank (AfDB) has made a seed equity investment of $400,000 in Africlear Global, a company founded by the Central Depository and Settlement Corporation (CDSC) Kenya, Central Securities Clearing System (CSCS) Nigeria and Altree Financial Group.
8 May
News > Investors
The Arab Bank for Economic Development in Africa (BADEA) has provided a credit facility of $20m to the West African Development Bank (BOAD).
6 May
News > Investors
The European Investment Bank, the European Union’s long-term lending institution, has agreed to provide €10m ($11.35m) to uniBank Ghana to support investment by private business across Ghana.
6 May
News > Investors
The European Investment Bank has invested €20m ($22.69m) in TV Cabo Angola to provide high-speed internet access for business, private customers and public administration customers in cities across Angola.
5 May
News > Investors
IFC, a member of the World Bank Group, has invested €10m ($11.20m) in SAB, a developer of banking software, to bolster financial system infrastructures in the Middle East, Africa and Asia.
1 May
News > Investors
The $181bn New York State Common Retirement Fund is considering investing up to 2 to 3% of assets across all sectors of the portfolio in Africa over the next five years, Matthew Sweeney, Assistant Communications Director at the Office of New York State Comptroller Thomas P. DiNapoli, has said.
30 Apr
News > Investors
IFC, a member of the World Bank Group, has announced that it will invest in Marina Market, Burkina Faso’s supermarket chain, to support the company’s operations and expansion.
24 Apr
News > Investors
Societe Generale will allocate nearly €4bn ($4.34bn) of additional capital to Africa by 2016, aiming to accelerate its revenue growth to approximately 7% per year, according to the French banking group’s strategic plan.
24 Apr
News > Investors
German development finance institution DEG along with four other European investors have contributed around $60m to Vantage Capital’s third mezzanine fund.
23 Apr
News > Investors
The Government of the Republic of Côte d’Ivoire and the Islamic Corporation for the Development of the Private Sector (ICD) have signed an agreement to setup a CFA 300bn Sukuk Program.
23 Apr
News > Investors
Fairfax Financial Holdings, a Toronto-based financial services holding company, has acquired a 7.15% stake in Africa Reinsurance Corporation (Africa Re) for $61m.
22 Apr
News > Investors
Russian authorities are looking to strengthen economic ties with Sub-Saharan Africa by increasing Russian business and trade, according to the annual executive meeting held by the Coordinating Committee for Economic Cooperation with Sub-Saharan Africa (AfroCom).
21 Apr
News > Investors
Canada and Burkina Faso have signed a foreign investment promotion and protection agreement (FIPA) to protect Canadian businesses and provide new investment opportunities.
20 Apr
News > Investors
IFC, a member of the World Bank Group, and the Japan International Cooperation Agency (JICA) will streamline lending procedures for joint investments to provide much-needed financing to private companies in emerging markets and boost economic growth and jobs.
