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African Development Bank Group Invests $15 Million in SPE PEF III to Support Growth-Stage Businesses in Africa
SPE Capital is an investment fund management company active in Africa, Europe and the Middle East, with more than $600 million deployed, primarily in development capital across healthcare, education, business services and manufacturing.
- Categories
- Education, Health Care, Investing
- Region
- North Africa & Near East
- Tags
- development finance, MSMEs, startups
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BII and Deutsche Bank Launch $150 Million Trade Finance Initiative to Unlock Capital in Africa’s Frontier Markets
The initiative is designed to increase the flow of trade finance into some of Africa’s most underserved and higher-risk markets, where access to capital remains limited.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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FMO Supports CiGaba to Unlock Domestic Capital for Young and Growing Businesses in West Africa
CiGaba is a pioneering fund of funds designed to mobilize domestic institutional capital into private equity and private debt investments targeting young and growing businesses in Ghana and selected West African markets.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Adenia Hits $180 Million Hard Cap at First Close for Entrepreneurial Fund, Announces First Investment
The successful first close underscores the continued appetite among global investors for disciplined, impact-oriented strategies in Africa. It also highlights the emerging theme of consolidation and institutionalization within the African private equity landscape.
- Categories
- Investing
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World Bank Approves $35 Million for Djibouti as Water Crisis Deepens Across Horn of Africa
Djibouti has secured fresh World Bank funding to tackle one of the most severe water shortages in the Horn of Africa, as climate pressures deepen across the region.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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FSDAi, Allied Climate Partners Commit $50 Million to African Transition Acceleration Fund
FSD Africa Investments (FSDAi) and Allied Climate Partners (ACP) have jointly committed $50 million to support the first close of the African Transition Acceleration Fund (ATAF), a new investment vehicle aimed at advancing Africa’s energy transition.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Press Release: IFC Backs Paraguay’s First Green Fertilizer Plant, Creating Jobs, Advancing Sustainable Agriculture and Food Security
The project is expected to positively impact employment opportunities, with over 1,265 new direct jobs created during the construction phase, and nearly 200 skilled and semi skilled positions during operations.
- Categories
- Agriculture
- Region
- Latin America
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Press Release: Rockefeller Foundation to Expand Mission 300 Fellowship Program to at Least 18 African Countries
The Rockefeller Foundation with the Mission 300 Accelerator and the nonprofit Energy Corps are providing additional support to CoAction Global to develop a cohort of “Clean Cooking Fellows” to strengthen institutional capacity to develop investable projects within countries’ CDMUs.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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