Month: May 2023
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AfDB secures $350 million from JICA to support Africa’s private sector
The African Development Bank Group (AfDB) has secured a $350 million loan from the Japan International Cooperation Agency (JICA) to enhance its support for private sector operations in Africa.
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African Startups to benefit from Capria Ventures’ new $100 million fund
Capria Ventures, the global investment firm focused on backing early-stage impact-driven businesses, announced its first Global South Fund II close at $100 million.
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Amethis launches $490 million pan-African fund targeting African companies.
Private equity firm Amethis has launched a $490 million pan-African fund to support high-potential companies across the continent.
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Tanzania’s Kakono gets $300 million to deliver clean energy
Powering up Tanzania: The African Development Bank Group, the French Development Agency (AFD) and the European Union (EU) have teamed up to invest $300m in Tanzania’s Kakono hydropower plant.