
FSDAi Nyala Facility Invests $1 Million in First Circle Capital Africa Fund I
FSDAi Nyala Facility BV, a venture established by FSD Africa Investments, has announced a US$1 million investment in First Circle Capital Africa Fund I.
FSD Africa Investments (FSDAi), a UK-backed development finance investor, has announced a $12.5 million investment into the ARM-Harith Climate and Transition Infrastructure Fund (ACT Fund) to attract more local capital into climate-related infrastructure projects across Nigeria.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
FSDAi Nyala Facility BV, a venture established by FSD Africa Investments, has announced a US$1 million investment in First Circle Capital Africa Fund I.
Next Narrative Africa, a Nigerian media production company, and HEVA Fund, a Kenyan-based investment firm, have announced the launch of a $40 million fund aimed at supporting African filmmakers.
West African super app Gozem has raised $30 million in Series B funding to drive its expansion and enhance digital services across Francophone Africa.
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