Private Debt

October Industry News

24 October 2022

A collection of news across the African private equity and venture capital industry | Africa50 to invest in education group The investment will be used by Holding Générale d'Education or Holged Group to support its expansion plans elsewhere in Africa. …

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AfricInvest closes its largest African midcap-focused fund raising over US$400mn

24 May 2022

- Completed fundraising of $411m, surpassing original hard cap, with contributions from institutional investors, development finance institutions and family offices across Africa, Europe and North America.- Already closed three deals in Ghana, Kenya and M…

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How security trustees protect investor rights in corporate debt restructuring

18 May 2022

By Rehma Imrith, Commercial Director  In the wake of the global economic downturn initiated by the Covid-19 pandemic, numerous businesses have found themselves facing financial difficulty. As a result, many companies – especially those in the emerging ma…

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April Industry News

04 April 2022

A collection of news across the African private equity and venture capital industry | XSML reaches hard cap for African Rivers Fund III at USD 85 million XSML, a fund manager active in Central & East Africa, has reached the hard cap for its African …

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South Africa's largest renewable energy project Redstone CSP achieves first debt drawdown

17 February 2022

• The ZAR 11.6 billion Redstone concentrated solar power (CSP) project to power 200,000 households upon completion • Commercial operation scheduled to start in Q4 2023 • DEG provided a commitment of ZAR500m to the transaction. At ZAR 11.6 bn total inve…

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FMO grants EUR5mn loan to Fin'ELLE to support MSMEs and women in Cote d'Ivoire

13 January 2022

The COFINA Group is pleased to announce the new partnership with FMO, which has approved a EUR5mn investment with Fin'Elle, La Finance pour ELLE. The subsidiary of the COFINA Group is dedicated to supporting women entrepreneurs in Côte d'Ivoire and offeri…

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Oikocredit and Symbiotics provides loan of US$30.8mn to ETG

25 November 2021

The loan will help create an additional 200 jobs and support the work of 70,000 smallholder farmers in Cote d’Ivoire, Ghana and Nigeria Symbiotics and Oikocredit have extended a loan of US$ 30.8 million to Agri Commodities & Finance FZ-LLC, the main …

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AfricInvest FIVE and partners co-lead US$100mn equity and debt financing round in MFS Africa

11 November 2021

AfricInvest’s Financial Inclusion Vehicle (AfricInvest FIVE) is pleased to announce its investment in MFS Africa as part of the company’s US$100 million equity and debt financing round. MFS Africa is a Pan-African digital payment hub that enables low-cos…

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Àrgentil’s clean energy portfolio company FMGSL, achieves first financial closing

24 September 2021

Àrgentil Capital Management Limited (“Àrgentil or ACML”) has successfully achieved a financial closing for First Modular Gas Systems Limited (“FMGSL”), a clean energy company founded by the firm alongside Dharmattan Gas Facilities Limited. This allows FMG…

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CDC Group makes first fund investments as part of the new African Private Credit Fund Strategy

14 September 2021

CDC Group, the UK's development finance institution (DFI) and impact investor, has made a US $60 million commitment under its African Private Credit Fund Strategy, which aims to address a significant credit market dislocation and mid-market financing gap,…

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Who will be in #Cairo for #AVCA2023 Panel 5: Frontier Markets – Outside the Big 4 This panel observes the… https://t.co/gH7T0zLSoC

💧 This #WorldWaterDay we spotlight @IFC_org who works with clients in #emergingmarkets to build innovative, market-… https://t.co/Fif0aM4DtJ

RT @BritishIntInv: For #InternationalDayofForests we're celebrating our partnerships to scale sustainable forestry in Africa. This include…

Hear what delegates had to say about the #AVCA2022 #PrivateEquity Conference... #AVCA2023 Agenda:… https://t.co/JpmkXjkeyl

This #InternationalDayofForests we spotlight @norfund and @BritishIntInv and their investment in the African… https://t.co/1OsaYkVHw8