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GHIB and BII Announce $50 Million Partnership to Boost Cross-Border Trade Across Africa’s Frontier Economies
"Under a Master Risk Participation Agreement (MPRA), the $50 million facility will enable GHIB to support more businesses and facilitate trade flows in the target countries."
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: China Won’t ‘Replace’ USAID in Africa
While China has spent tens of billions of dollars through trade and infrastructure project loans in Africa over the last decade, it spends significantly less on aid.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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EU Mounts Major Retreat From ESG Agenda Amid Fierce Backlash
The development has major implications for the future of ESG globally, with Europe accounting for well over 80% of the world’s ESG fund assets.
- Categories
- Energy, Environment, Investing
- Region
- Global
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Countries Make Fresh Attempt at $200 Billion Nature Finance Deal
Among the stickiest questions to answer is how to get richer countries in Europe and elsewhere to pay up to help their poorer peers.
- Categories
- Environment, Investing
- Region
- Global
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Summit Africa Launches Private Equity Fund II With US $20 Million Anchor Commitment From British International Investment, Supporting Businesses in South Africa and the Southern African Region
The fund will drive financial and digital inclusion, job creation, diversity, and food security as a new sector, through investment in small-to-mid market companies.
- Categories
- Investing
- Region
- Global
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BII, Swedfund and Norfund Invest $85 Million in AgDevCo to Support Agribusinesses in Africa
The funding aims at support high-impact agribusinesses to increase productivity and improve food security in rural areas.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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EIB Invests $15.8 Million in New IPAE 3 Fund to Support Entrepreneurship in West Africa, Madagascar
It is expected to create over 4,000 direct jobs, at least 40 per cent of which will be for women. The fund will also be fully aligned with the criteria of the 2X Challenge supporting women entrepreneurs.
- Categories
- Agriculture, Health Care, Investing
- Region
- Global
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EU Says It ‘Cannot Fill’ USAID Funding Gap as Africa Seeks Solutions
The US is the largest single aid donor in the world, disbursing some $72 billion in assistance in 2023, much of it through the US Agency for International Development (USAID).
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa