UN Secretary-General António Guterres has called for a “quantum leap” in funding for development and climate change for Africa, speaking…
Seven more African countries join the Global Financing Facility
Following the GFF replenishment event in November 2018 that raised more than US$1 billion for the Global Financing Facility for…
AfDB, Fidelity Bank to fund MSMEs with $50m
The African Development Bank and Fidelity Bank Plc have signed a $50m financing agreement aimed at the funding and promoting…
AfDB, Natixis sign US$50million agreement to boost trade finance in Africa
The African Development Bank has signed a US$ 50 million risk participation agreement with investment and corporate bank Natixis. The…
AECF, DFID launch £16 million competition for solar system businesses in sub-Saharan Africa
The Africa Enterprise Challenge Fund (AECF) in partnership with United Kingdom Government has launched the Household Solar Round 2 competition worth…
Acumen Closes $70 Million Impact Fund for Clean Energy in Africa
Jacqueline Novogratz’s impact investing group closed an almost $70 million fund to back companies delivering affordable and renewable energy to…
AfricInvest, Cathay Capital launch $169m African venture fund
AfricInvest is one of the leading private equity and VC firms in Africa, with US$1.5 billion of assets under management…
AfDB approves €12.5 million investment in Adiwale Fund 1 targeting Francophone West Africa
The Board of the African Development Bank has approved a €12.5 million equity investment in Adiwale Fund 1, a first-generation…
Daystar Power raises US$10million for West Africa expansion
The African solar energy company, Daystar Power has closed a $10 million USD investment with Verod Capital Management and Persistent…
France opens €2.5bn funding window for African start-ups
Up to 10,000 African start-ups and small businesses stand to receive financial and technical support to the tune of Sh282.5…
