A consortium led by Actis, a global investor in sustainable infrastructure, has completed the acquisition of a 100% stake in Swiftnet, a telecom tower portfolio in South Africa, from Telkom for an ...

Janngo Capital, with participation from SANAD Fund for MSMEs (managed by Finance in Motion), Partech, Oikocredit, Enza Capital and Y Combinator, have invested $17m in Djamo, a financial services app ...

A consortium led by Actis, a global investor in sustainable infrastructure, has completed the acquisition of a 100% stake in Swiftnet, a telecom tower portfolio in South Africa, from Telkom for an ...

The Nigeria Sovereign Investment Authority (NSIA), Sustainable Energy for All (SEforALL), the International Solar Alliance (ISA) and Africa50 have launched a $500m DRE Nigeria Fund to develop and ...

Finnfund has made a €2m follow-on investment in Fibertime Group enabling the company to expand its provision of fiber internet access to under privileged communities in South Africa. Finnfund has made ...

Alitheia Capital and Goodwell Investments have announced the first exit of their joint uMunthu Fund - Baobab Nigeria, a financial institution creating meaningful impact in sub-Saharan Africa by ...

The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) in financing a $750m Infrastructure Climate Resilient Fund (ICRF). The European Investment Bank (EIB) has ...

Yango Group, a global tech company bringing advanced technology to local communities, has launched Yango Ventures, a corporate venture fund designed to empower promising startups across Sub-Saharan ...

Summit Africa, a specialist black-owned and managed impact investment manager and licensed financial services provider, has launched Summit’s Private Equity Fund II (SPEF II) with a $20m (c.R355 ...

Sycamore, a Nigerian fintech with over N10 billion in assets under management, has secured a license from Nigeria's Securities and Exchange Commission (SEC) to operate as a fund/portfolio manager and ...

British International Investment (BII), the UK’s development finance institution and impact investor, alongside Swedfund and Norfund, have announced a joint $85m investment in AgDevCo, a specialist ...

African Development Bank Group's President Dr. Akinwumi Adesina has announced plans to launch a $500m facility designed to unlock $10bn in financing for smallholder farmers and small agribusiness ...