Author: Fred Kennedy
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IFC Proposes $30 Million Investment in African Capital Alliance’s $500 Million Fund
The International Finance Corporation (IFC) has proposed investing up to $30 million in Capital Alliance Private Equity Fund V (CAPE V), sponsored by Lagos-based African Capital Alliance (ACA).
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Sahara Impact Ventures and Acumen Invest in Ghana’s Wami Agro to Support Expansion and Processing
Sahara Impact Ventures and Acumen have invested in Ghanaian agribusiness Wami Agro to expand its operations, improve market access for smallholder farmers, and support the establishment of a processing facility in Ghana.
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African Investors Participate in 69% of Tracked Deals as Regional Lenders Expand Their Role
African-headquartered investors participated in 69% of African private market transactions with identified investors in the third quarter of 2026, up from 61% in the preceding quarter and 63% a year earlier, according to Stears.
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BII Launches Kenya Strategy With $6.7 Billion Investment Plan for Africa
British International Investment (BII), the UK’s development finance institution, has launched its 2026–31 strategy in Kenya, outlining plans to invest about $6.7 billion of its own capital across Africa and attract up to $5.3 billion from private investors.
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Enza Capital Launches Dedicated Fund for African AI Startups
Enza Capital, a Nairobi-based venture capital firm, has launched a dedicated fund to invest in artificial intelligence startups and businesses using AI across Africa.
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Afreximbank and APPO Establish Africa Energy Bank With $5 Billion in Authorized Capital
The African Export-Import Bank (Afreximbank) and the African Petroleum Producers’ Organisation (APPO) have formally established the Africa Energy Bank with $5 billion in authorized capital to support energy projects across the continent.
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PIDG Plans $1 Billion in Annual Investment Across Africa and Asia Through 2030
The Private Infrastructure Development Group (PIDG) plans to invest about $1 billion annually across Africa and Asia through 2030, with renewable energy expected to receive most of the funding.
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BII Announces $7 Million Debt Facility for Okra’s Off-Grid Expansion in Nigeria
British International Investment (BII), the UK’s development finance institution, has announced a $7 million debt facility for Okra Solar to finance equipment purchases and expand electricity access, primarily in rural Nigeria.
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EIB Commits $37.5 Million as Egypt’s Tanmiya Capital Fund II Closes at $130 Million
The European Investment Bank has committed $37.5 million through EIB Global to Tanmiya Capital Fund II, helping the Egypt-focused investment fund raise $130 million for growing businesses.