The Private Infrastructure Development Group (PIDG) has announced that Taranis Operations has signed a convertible loan agreement with the Corbetti Geothermal project in Ethiopia, marking the first ...

A.P. Moller Capital, through its Emerging Markets Infrastructure Fund II (EMIF II), has signed an agreement via a special purpose vehicle to acquire Mainstream Renewable Power South Africa, a leading ...

Holocene has announced the final close of Holocene Ventures Fund I (HVF1), which it describes as Southern Africa’s first dedicated high-growth climate technology fund, marking a milestone for the ...

AHL Venture Partners has announced the first close of its AHL Africa Credit Fund I at $30.5 million, less than a year after launching the fundraising process. Choose ONE Magazine and TWO Articles for ...

3IF Ventures, the first impact venture capital fund dedicated to Africa’s insurance start-up ecosystem, has announced the first close of its Inclusive Insurance Investment Fund at $12 million. Choose ...

Africa Finance Corporation (AFC) has raised a $2 billion syndicated loan, increasing the facility from an initial $1.6 billion target, supported by a broad base of international lenders. Africa ...

Knife Capital has exited its stake in VoxCroft Analytics' US entity through a sale to Redpoint Advisors, a US-based intelligence advisory firm, marking a successful exit for the venture capital firm's ...

Belgian development finance institution, BIO has announced a $5 million investment in Société de Microcrédits Congolais (SMICO), a microfinance institution operating in the Democratic Republic of the ...

The African Export-Import Bank (Afreximbank) has extended a $15 million SME finance facility to Ecobank Zimbabwe under its Export SME Development Programme (ESDP), in a move aimed at strengthening ...

AfricInvest, through its Financial Inclusion Vehicle (FIVE), has led a growth investment round in BFREE, a pan-African investor in distressed retail and SME loans, as the company looks to expand ...

Development finance institutions British International Investment (BII) and Norfund have provided a combined $80 million financing package to NMB Bank to expand lending to micro, small and ...

Foreign exchange liberalization, tighter monetary policy and increasing transparency have helped Nigeria reemerge as one of the most commercially compelling financial markets in sub-Saharan Africa, ...