Author: Fred Kennedy
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Lighthouse Capital is Raising $50 Million Fund for Mid-Market Businesses in South Africa and Kenya
Lighthouse Capital is raising a $50 million private equity fund to invest in growing mid-market companies in South Africa and Kenya, combining equity financing with hands-on support for business operations.
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BII Commits $65 Million to Sustainable Finance in Zambia and Agriculture Lending in Zimbabwe
British International Investment (BII), the UK’s development finance institution, has announced $65 million in commitments to expand financing for sustainable projects in Zambia and agricultural businesses in Zimbabwe.
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African Startups Raise More Than $2 Billion in 2026
African startups have raised more than $2 billion in funding in 2026, excluding exits, according to investment tracker Africa: The Big Deal.
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Afreximbank Signs $500 Million Credit Facility With ATDC to Expand African Trade
African Export-Import Bank (Afreximbank) and the Africa Trading and Distribution Company (ATDC) have signed a $500 million global credit facility to finance the purchase, movement and distribution of African goods across regional and international markets.
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NSIA, Africa50 and Sustainable Energy for All Launch $300 Million Nigeria Renewable Energy Fund
The Nigeria Sovereign Investment Authority (NSIA), Africa50 and Sustainable Energy for All have announced the commercial launch of the $300 million Nigeria Distributed Renewable Energy Fund.
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Biochar Industrial Group Raises $1.5 Million to Scale Carbon Removal at African Food Factories
Biochar Industrial Group (BIG), a Nigeria-based climate technology company, has raised $1.5 million in pre-seed funding to expand its biochar production model across sub-Saharan Africa.
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Afreximbank Extends $10 Million Facility to Azania Bank to Finance Tanzania’s Export SMEs
The African Export-Import Bank has extended a $10 million financing facility to Azania Bank Plc to improve access to capital for small and medium-sized enterprises operating across Tanzania’s export value chains.
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World Bank Group Mobilizes Record $22 Billion in Private Capital for Africa
The World Bank Group mobilized approximately $22 billion in private capital for Africa during its 2026 financial year, nearly 150% more than the $9 billion recorded four years earlier.
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All On Invests $5 Million in PowerGen to Expand Renewable Mini-Grids in Nigeria
All On Partnerships for Energy Access has invested $5 million in PowerGen Renewable Energy Nigeria Limited to expand renewable electricity infrastructure for underserved households, businesses, and industrial customers across Nigeria.