Tag: Digital Transformation

British International Investment (BII), the United Kingdom’s development finance institution, has announced a new $5 million funding package for Lovegrass Ethiopia, a food company transforming the ancient grain teff into consumer products for both local consumption and export markets.

Proparco, the French development finance institution, has confirmed a new capital commitment to the Helios Climate Fund, a climate-oriented investment vehicle overseen by Helios Investment Partners.

London–headquartered mobility and financial services startup GoCab has announced a $45 million financing package to accelerate its growth across Africa and other emerging markets.

The European Investment Bank (EIB) has confirmed an $80 million equity commitment to the Apis Growth Fund III, a major private equity vehicle led by Apis Partners that focuses on scaling financial services companies in emerging markets.

XSML Capital has closed its latest financing vehicle, African Rivers Fund IV (ARF IV), with total commitments of $142 million, surpassing the fund’s original $135 million cap.

Morocco-based shared mobility startup Enakl has successfully secured $2.3 million in seed funding to accelerate the rollout of its collective transport services and unveil a new software product for transit operators and planners.

Sahel Capital has provided a new $2.4 million working capital loan to Kuapa Kokoo Limited (KKL) through its Social Enterprise Fund for Agriculture in Africa (SEFAA), reinforcing its earlier credit support for the Ghanaian cocoa firm.

Development Partners International (DPI), the London-based private equity firm, has committed an additional $50 million in follow-on funding to support Kazyon, the fast-growing Egyptian discount retail chain, as it scales operations across the Middle East and North Africa.

Mirova has committed $19 million to Cold Solutions Kiambu SEZ Limited, supporting the expansion of climate-aligned temperature-controlled logistics infrastructure in Kenya.