Scalar International and Mergence Investment Managers have launched a new $150 million private equity fund to support clean energy and digital infrastructure projects in the region.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Incofin Investment Management has announced two strategic investments totaling $1.55 million under its Nutritious Foods Financing Facility (N3F), aimed at enhancing food systems and improving access to nutritious food.
The International Finance Corporation (IFC) has committed $25 million to support the expansion of off-grid solar systems in sub-Saharan Africa.
Johnvents Group, a prominent Nigerian agribusiness and manufacturing conglomerate, has received a $40.5 million investment from British International Investment (BII), the UK’s development finance institution and impact investor.
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