CDC Group has partnered with DP World to accelerate Africa’s trade potential through supporting the modernisation and expansion of ports and inland logistics across Africa.
CDC Group has committed $100m to African Development Partners III, a fund advised by Development Partners International DPI.
MIGA, a member of the World Bank Group, has issued a €4.5m guarantee to GreenYellow that will cover its equity and quasi-equity investments into Société de Production d’Energie Solaire de Ouagadougou SAS (SPES Ouagadougou) in Burkina Faso for a period of up to 20 years.
Capria Ventures and its affiliated network of funds have invested $92.1m in early-stage startups spread across 56 countries as of December 2020, according to its annual impact report.
DFC, FSD Africa Investments and EDFI-ElectriFI have invested $23m in Nithio FI, an energy financing platform powered by a proprietary AI-enabled risk analytics engine.
CDC Group has committed $50.9m in the African ICT sector, helping to boost development of necessary infrastructure and providing rural and underserved communities with access to affordable mobile connectivity.
CDC Group under its African Private Credit Fund Strategy has committed $30m to Vantage Mezzanine Fund IV and $30m to BluePeak Private Capital Fund I.
27four Black Business Growth Fund II Partnership (27four BBGF II), a blended finance partnership between the South African Government through the Jobs Fund, and South African institutional investors, has announced its commitment to Vuna Partners Fund I (Vuna Fund I).
Dutch-based entrepreneurial development bank FMO has invested a further $10m in REGMIFA, the Regional MSME Investment Fund for Sub-Saharan Africa.
CDC Group has committed $36m to Divercity Urban Property Fund (Divercity), an affordable housing platform focused on the regeneration of South African cities.
CDC Group has announced a $50m trade finance facility for Ecobank International (EBI SA), the Paris based member of the Ecobank Group.
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed a Joint Development Agreement (JDA) with Cardano Development (CD), committing up to $1m to the development of a credit enhancement facility in Kenya.
Proparco and the Emerging Africa Infrastructure Fund (EAIF) have closed a €165m project finance deal and €13m grant to secure the financing of Biovea project in Ivory Coast.
AMEA Power, a subsidiary of UAE-based Al Nowais Investments (ANI), has announced the official commissioning of its 50MW solar photovoltaic (PV) plant in Blitta, Togo.