Your cart is currently empty!
Tag: Investment News
-
African Union Pledges $100 Million to Transform Agrifood Systems Across Africa by 2035
The African Union (AU) has pledged to mobilize $100 million in public and private investment to overhaul and strengthen Africa’s agrifood systems by 2035.
-
Mawingu Gets $20 Million Funding from PRIF II to Boost Rural Internet Expansion in Africa
Mawingu, a telecommunications firm specializing in delivering internet connectivity across rural and peri-urban East Africa, has secured a US$20 million investment from the Pembani Remgro Infrastructure Fund II (PRIF II).
-
Mali’s OKO Secures Fresh Funding Round Led by Catalyst Fund to Expand Climate Insurance for African Farmers
Malian agritech and climate-insurance startup, OKO, has secured a new round of investment led by Catalyst Fund, with backing from two of its earlier backers.
-
Africa50 Names Sérgio Pimenta CEO of its $275 Million Infrastructure Acceleration Fund
Africa50, the leading pan-African infrastructure investor and multi-vehicle asset manager, has announced the appointment of Sérgio Pimenta as Chief Executive Officer of its Infrastructure Acceleration Fund (IAF).
-
Avanz Capital Egypt Joins Algebra Ventures Fund II in Landmark Secondary LP Deal
Avanz Capital Egypt has joined Algebra Ventures’ second fund as a limited partner through a secondary transaction executed by its investment arm, Avanz Manara.
-
Smile ID Expands Mastercard Partnership to Drive Secure Digital Identity Across Africa
Nigerian identity verification firm Smile ID has deepened its alliance with Mastercard in a move poised to hasten the deployment of secure digital identity systems across Africa.
-
Norfund Backs SIPRA With €20 Million Funding to Expand Poultry Production Across Côte d’Ivoire
The Norwegian development finance institution Norfund has committed €20 million into Société Ivoirienne de Productions Animales (SIPRA), one of West Africa’s biggest domestically owned poultry enterprises.
-
ALCB Fund Secures $45 Million from FMO to Expand Access to Local Currency Finance in Africa
The African Local Currency Bond Fund (ALCB Fund), managed by Cygnum Capital, has received a $45 million investment from Dutch development bank FMO, with co-funding from its asset management arm, FMO Investment Management (FMO IM).
-
Nedbank Invests $28m in New GX Capital’s Fund for Clean Energy and Infrastructure in Africa
New GX Capital has revealed that Nedbank’s Corporate and Investment Banking arm has pledged $28 million to the firm’s Airnergize Capital Fund I, pushing total committed capital to $161 million as the fund nears its $200 million target.