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Day: September 29, 2025
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ALCB Fund Secures $45 Million from FMO to Expand Access to Local Currency Finance in Africa
The African Local Currency Bond Fund (ALCB Fund), managed by Cygnum Capital, has received a $45 million investment from Dutch development bank FMO, with co-funding from its asset management arm, FMO Investment Management (FMO IM).
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Nedbank Invests $28m in New GX Capital’s Fund for Clean Energy and Infrastructure in Africa
New GX Capital has revealed that Nedbank’s Corporate and Investment Banking arm has pledged $28 million to the firm’s Airnergize Capital Fund I, pushing total committed capital to $161 million as the fund nears its $200 million target.