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The World Bank Group has announced plans to expand its guarantee operations in Africa, targeting $6.4 billion in annual guarantees by 2030 as part of a broader effort to attract private investment, create jobs, and accelerate economic growth across the continent.
AHL Venture Partners (AHL) has secured a first close of $30.5 million for its new private credit vehicle, the AHL Africa Credit Fund I, marking a major step in the firm’s push to expand debt financing for African businesses.
Sabou Capital has provided a $2 million impact-linked debt facility to Nigerian agro-processing company Tomato Jos in a move aimed at expanding local tomato production and reducing the country’s reliance on imports.
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