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Development Finance Institutions, British International Investment To Invest $116 Million In African Infrastructure
Development Finance Institutions (DFI), British International Investment (BII) and FMO have announced a joint commitment of $116 million to African Infrastructure Investment Fund 4 (AIIF4), managed by African Infrastructure Investment Managers (AIIM).
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: African Development Bank and African Guarantee Fund Sign $110 Million Agreement with Tanzania’s CRDB Bank to Boost Access to Finance by Women’s SMEs
The African Development Bank signed a $60 million financial package to accelerate access to finance for small businesses managed and owned by women in Tanzania.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Kenya and Ghana Are Front-Lining the Global Mobile Money Market
The value of Africa’s mobile money transactions grew 39 percent to $701.4 billion in 2021 from $495 billion in 2020, according to GSMA.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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African Development Fund Approves Additional $5.6 Million Grant Funding to Bolster Food Security and Resilience
The funding aims to build the resilience of Mozambique’s food systems in response to the current global food crisis, worsened by the war in Ukraine.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Press Release: DFC Commits $280 Million in Financing for Access Bank, Boosting Small Businesses in Nigeria
The loan will help address the financing gap for small- and medium-sized enterprises (SMEs) and advance financial inclusion in Nigeria, including through the bank’s commitment to supporting women-owned and -led businesses.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Rockefeller Foundation’s Zero Gap Fund Announces Investment in Seedstars’ $30 Million Emerging Market Portfolio
Seedstars launched its second emerging market seed stage fund, Seedstars International Ventures II.
- Categories
- Finance, Health Care
- Region
- Sub-Saharan Africa
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Congo to Auction Land to Oil Companies: ‘Our Priority Is Not to Save the Planet’
Peatlands and rainforests in the Congo Basin protect the planet by storing carbon. Now, in a giant leap backward for the climate, they’re being auctioned off for drilling.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- climate change
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Press Release: CrossBoundary Energy Secures US $40 Million in Equity to Expand Commercial and Industrial Portfolio Across Africa
The equity will allow CrossBoundary Energy to further scale its investments in renewable energy solutions for commercial and industrial businesses across Africa.
- Region
- Sub-Saharan Africa
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