Author: Fred Kennedy
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Anzana Secures $20 Million BII Financing to Expand Small Hydropower Projects Across Africa
Tanzanian-founded fintech company Nala has secured up to $50 million in credit financing from global private credit firm Liquidity, as the company moves to strengthen its cross-border payment infrastructure amid growing demand for faster international transactions.
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Bloomberg Names 25 African Startups to Watch in 2026
Bloomberg has highlighted 25 African Startups to Watch highlights in 2026.
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Tanzania-Born Fintech Nala Raises $50 Million Credit Line to Expand Stablecoin Payment Network
Tanzanian-founded fintech company Nala has secured up to $50 million in credit financing from global private credit firm Liquidity, as the company moves to strengthen its cross-border payment infrastructure amid growing demand for faster international transactions.
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Africa’s 10 Largest Economies in 2026, According to the IMF
Africa’s economic landscape is shifting, with new IMF projections for May 2026 showing how exchange rate movements, reforms, commodity prices, infrastructure investment, and industrial growth are reshaping the continent’s biggest economies.
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World Bank Expands Africa Guarantee Program to Mobilize $23 Billion in Private Investment
The World Bank Group has announced plans to expand its guarantee operations in Africa, targeting $6.4 billion in annual guarantees by 2030 as part of a broader effort to attract private investment, create jobs, and accelerate economic growth across the continent.
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Africa Jobs Fund Launches With $100 Million Target to Back Job-Creating Businesses
A new philanthropic investment initiative dubbed Africa Job Fund has been launched with a target of raising $100 million to support businesses creating large-scale, quality jobs across sub-Saharan Africa.
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AHL Venture Partners Secures $30.5 Million First Close for Africa-Focused Credit Fund
AHL Venture Partners (AHL) has secured a first close of $30.5 million for its new private credit vehicle, the AHL Africa Credit Fund I, marking a major step in the firm’s push to expand debt financing for African businesses.
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Sabou Capital Backs Tomato Jos With $2 Million Facility to Expand Local Tomato Processing in Nigeria
Sabou Capital has provided a $2 million impact-linked debt facility to Nigerian agro-processing company Tomato Jos in a move aimed at expanding local tomato production and reducing the country’s reliance on imports.
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Norfund and GhISP Partner to Strengthen Access to Capital for Ghanaian SMEs
The Ghana Investment Support Programme (GhISP) has brought Norway’s development finance institution, Norfund, on board as a funding partner in a move expected to deepen support for small and medium-sized businesses in Ghana.