Author: Fred Kennedy
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BluePeak Provides $16 Million Financing to Côte d’Ivoire Logistics Firm Groupe Centaures
BluePeak Private Capital has committed $16 million to Groupe Centaures, one of Côte d’Ivoire’s leading indigenous logistics companies, in a deal designed to support both business expansion and environmental sustainability.
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Spiro Secures $215 Million to Expand Electric Mobility Network Across Africa
African electric mobility company Spiro has raised $215 million in fresh funding to accelerate the expansion of its electric vehicle ecosystem and battery-swapping infrastructure across the continent.
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AfDB Backs Zambia’s SME Trade Growth with $20 Million Guarantee for Access Bank
The African Development Bank (AfDB) has approved a $20 million trade finance guarantee for Access Bank Zambia, a move expected to strengthen small and medium-sized enterprises’ (SMEs) ability to participate in cross-border trade and access critical imports.
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Congo Basin Secures Over $3 Billion in Fresh Funding for Climate and Sustainable Development Projects
More than $3 billion in new financing commitments have been secured to support climate action and sustainable development projects across the Congo Basin, one of the world’s most important ecological regions.
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Anzana Secures $20 Million BII Financing to Expand Small Hydropower Projects Across Africa
Anzana Electric Group has secured a $20 million debt facility from British International Investment (BII), the UK government’s development finance institution, to accelerate the rollout of small-scale hydropower projects across several African markets.
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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.