Category: New Investments

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.

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.

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.

South African healthtech startup Mia Healthcare Technologies has raised R15 million (approximately US$910,000) from the Vumela Fund, a venture capital fund managed by Edge Growth, to expand affordable dental and orthodontic services across Southern Africa.

The International Finance Corporation (IFC) is considering a new investment of up to $23 million in Africa Go Green, a climate-focused investment fund that supports projects aimed at cutting greenhouse gas emissions across Africa.

Financing for Agricultural SMEs in Africa (FASA) has completed its first investment, committing $5 million to Catalyst Fund.

Checker, a company building infrastructure for stablecoin-based financial services, has secured $8 million in fresh funding as it looks to expand digital payment and settlement solutions across Africa and other emerging markets.

Impact Fund Denmark has committed DKK 160 million, equivalent to around $25 million, to East African forestry company The New Forests Company (NFC) as the region faces growing demand for timber and wood products.

Africa Finance Corporation (AFC) has approved up to $100 million for investments in venture capital and growth equity funds focused on Africa’s digital economy.