Standard Bank Group has extended a R400m working capital facility structured in a sustainable finance format to a South African earned wage access (EWA) provider Paymenow.

The Credit Fund of the African Continental Free Trade Area (AfCFTA) Adjustment Fund has successfully closed its first investment, committing $10m to Telecel Global Services, through a senior secured ...

Mediterrania Capital Partners, a Private Equity firm focused on growth investments for small and medium-sized enterprises (SMEs) and mid-cap companies across North and Sub-Saharan Africa, has ...

Inspired Evolution’s Evolution III Fund, in partnership with Dutch Development Bank FMO and STOA Infra and Energy, has successfully closed the 75% acquisition of the Red Rocket Group.

British International Investment (BII), the UK’s development finance institution and impact investor, has announced its anchor commitment of $15m equivalent in Tanzanian Shilling to NMB Bank’s (NMB) ...

In a significant vote of confidence for Africa’s underserved mid-market, four leading European Development Finance Institutions (EDFIs)—British International Investment (BII), FMO (the Dutch ...

Adenia Partners, a private equity firm investing in Sub-Saharan Africa, has completed a majority investment in Quick Mart.

Nedbank CIB and Investec Investment Banking have provided a strategic funding package comprising equity and structured debt to Master Plastics, a dynamic Group of predominantly food and ...

Centum Capital, a Nairobi-based private equity manager, has appointed IQ-EQ to support the launch of Centum Capital Fund II in 2020. Fred Murimi, Managing Partner of Centum Capital, said: "We’re ...

IFC and TLG Capital have announced the first close of a new private credit fund, TLG Africa Growth Impact Fund II (AGIF II), with $75m raised.

IFC has announced an equity investment of $25m in Metier Capital Growth Fund III (MCGF III) as well as a co-investment envelope of $15m to invest alongside the fund in select companies.

Paulo Martelli, VP and Chief Investment Officer at FinDev Canada, speaks with Africa Global Funds about their approach to investing in Africa, investment opportunities and challenges. Martelli has ...