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Dangote Extends Continental Dominance, Seals $1 Billion Investment Push in Zimbabwe
Africa’s richest man, Aliko Dangote, visited Harare, Zimbabwe, on Wednesday to formalize plans to invest up to $1 billion in the country, targeting major projects in cement manufacturing, power generation, and fuel transportation infrastructure.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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COP30: Canada Backs IFAD Investment in Efforts to Boost Funding for Climate Adaptation
The contribution to IFAD was announced at the 30th United Nations Climate Change Conference (COP30), in Belem, Brazil, by the Honourable Julie Dabrusin, Canada’s Minister of Environment and Climate Change.
- Categories
- Agriculture, Environment, Finance
- Region
- Sub-Saharan Africa
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CrossBoundary Energy Secures Additional US $200 Million Senior Debt With Multiple New Lenders to Further Renewable Energy Portfolio Expansion Across Africa
"The transaction will further the construction of CrossBoundary Energy’s renewable energy infrastructure in Africa, providing energy-as-a-service to customers in mining, heavy industry, and telecommunications."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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African Development Bank Grants $100 Million Loan to Emerging Africa and Asia Infrastructure Fund
EAAIF aims to invest more than $850 million in infrastructure across Africa and Asia by 2027.
- Region
- Sub-Saharan Africa
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IFC Commits $6 Million to First Circle Capital to Back Early-Stage Fintech Growth in Africa
"Founded and managed by a female-led executive team, First Circle operates from offices in Kampala (Uganda) and Casablanca (Morocco) and is registered as a limited partnership in Delaware."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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BII and BlueOrchard Launch $250 Million Climate Fund for Insurers
The fund will primarily provide senior loans to banks, microfinance providers and other intermediaries offering climate finance to small and medium-sized enterprises in emerging markets.
- Categories
- Environment, Finance
- Region
- Global
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Press Release: Rapid Reaction: Launch of the Call for Funding Requests to the Fund for Responding to Loss and Damage
Once the call for funding requests officially opens on the 15th of December, developing countries will have six months to submit their requests, with the Board expected to start approving disbursals in June 2026.
- Categories
- Environment, Investing
- Region
- Global
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DEG Discloses Investment in Helios Fund
German development financier DEG has disclosed an investment of $25 million in Helios V.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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