Author: Fred Kennedy
-
Acumen Backs Nigerian Agribusiness AgroEknor to Expand Hibiscus Exports
Global impact investor Acumen has made a strategic investment in AgroEknor, a Nigerian agribusiness focused on the production, processing, and export of hibiscus.
-
BII and ILX Complete First Joint $15 Million Investment to Support SMEs and Agribusinesses in East Africa
British International Investment (BII) and ILX, a private debt asset manager based in Amsterdam, have completed their first joint investment aimed at increasing financing for small businesses and agricultural enterprises in East Africa.
-
Breaking Down €3.1 Billion: Sector and Country Allocation of EIB Global’s 2025 Africa Financing
In 2025, the European Investment Bank’s development arm, EIB Global, committed €3.1 billion across Africa.
-
Vantage Capital Invests $39.5 Million in SolarAfrica Subsidiary CESA to Support South Africa’s Commercial Solar Growth
South Africa’s Commercial Energy South Africa (CESA), a subsidiary of renewable energy developer SolarAfrica, has secured a R635 million (approximately $39.5 million) investment from African mezzanine debt specialist Vantage Capital, with participation from co-investor Greenpoint Capital.
-
Beltone Holding Launches Private Equity Arm to Back Startups from Early Stage to Pre-IPO Growth
Beltone Holding has introduced a new private equity division designed to support companies as they grow from early financing rounds to the verge of going public, marking a significant expansion of its investment services.
-
South Africa’s Hlayisani Capital Raises $30 Million for Second Venture Fund Backed by PIC and SA SME Fund
South African investment firm Hlayisani Capital has officially unveiled its second technology-focused venture vehicle, Hlayisani Venture Fund II (HVF II).
-
Acumen Invests in Ghana’s Vitara to Strengthen Market Access for Smallholder Farmers
Acumen, a global impact investor, has backed Vitara, a Ghana-based agribusiness working to transform how smallholder farmers sell their crops and earn income.
-
African Development Bank Approves €6.5 Million Investment in Saviu II to Back Francophone African Tech Start-Ups
The African Development Bank Group’s Board of Directors has approved a €6.5 million investment in the Saviu II venture capital fund as part of ongoing efforts to expand financing for early-stage technology companies in Africa.
-
Platinum Credit Uganda Secures $4 Million from Symbiotics to Expand Lending to MSMEs and Low-Income Households
Platinum Credit Uganda, the Ugandan microfinance arm of The Platcorp Group, has attracted a fresh injection of capital after securing a $4 million investment from Swiss asset manager Symbiotics to bolster lending to underserved communities and small businesses across the country.