8 May
News > Investors
IFC, a member of the World Bank Group, and Proparco, a subsidiary of Agence Française de Développement (AFD), have agreed to collaborate more closely to create markets, mobilize private sector investment, and support economic recovery in developing countries in the wake of the COVID-19 global crisis.
7 May
News > Investors
MIGA, a member of the World Bank Group, has issued guarantees in support of the construction, ownership and operation of Actis Energy investments in South Africa’s Renewable Energy Sector.
29 Apr
News > Investors
Standard Bank has acquired a 40% stake in the digital fuel management solutions and telematics company Payment24 Group.
29 Apr
News > Investors
The International Fund for Agricultural Development (IFAD) has invested $9m into the Agri-Business Capital (ABC) Fund, a blended capital impact fund.
22 Apr
News > Investors
The European Commission together with FMO, the Dutch entrepreneurial development bank, have scaled up the NASIRA financial guarantee to support small COVID-19 affected entrepreneurs in Africa and EU Neighbourhood.
20 Apr
News > Investors
The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $760k grant to Empower New Energy (EmNEW), to develop at least eight small renewable energy projects with capacity ranging from1-10 MW, towards bankability and construction.
16 Apr
News > Investors
A new research paper considers the devastating impact of COVID-19 on the private sector in Africa and argues that development finance institutions (DFIs) are uniquely placed to provide financial support to businesses and lead the eventual recovery.
16 Apr
News > Investors
The Development Finance Institutions (DFIs) of 16 OECD countries, grouped under the DFI Alliance, have announced they will work together to respond to the COVID-19 global pandemic in developing countries.
15 Apr
News > Investors
IFC, a member of the World Bank Group, has announced an investment up to $20m into SPE AIF I, a fund managed by SPE Capital Partners, a newly independent, institutionalized private equity fund manager operating in MENA.
15 Apr
News > Investors
FMO has invested $25m in DPI’s African Development Partners III, a pan-African fund targeting established and growing consumer-focused companies.
12 Apr
News > Investors
African Development Bank has approved a $10m equity investment in Razorite Healthcare Africa Fund 1 (RHAF1) to help improve healthcare infrastructure delivery across the continent.
9 Apr
News > Investors
Finnfund has agreed to invest $1m in Kasha, an e-commerce platform improving women’s access to genuine health, hygiene and self-care products in East Africa.
9 Apr
News > Investors
The European Bank for Reconstruction and Development (EBRD) has provided a €15m loan to Varroc Lighting Systems Morocco that will provide training and employment opportunities for young people in the country.
28 Mar
News > Investors
The African Development Bank (AfDB) has raised a $3bn in a 3-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies.