Development Finance
More Stories
Miale Solar Secures €5M Debt Facility from Hivos-Triodos Fonds
The Swedish-Kenyan renewable energy developer secures institutional debt brokered by crowdfunding platform Trine to scale its Energy-as-a-Service, PPA, and lease-to-own deployments for commercial, industrial, and healthcare clients.
Vista Group Holding Launches Vista Bank France with €50M Capital
The Lilium Capital-backed financial conglomerate opens its Paris subsidiary to provide correspondent banking, trade finance, and corporate banking solutions linking West African markets with European capital.
Fortis Green Renewables and Zeitinger Invest Back GRIPS Energy
The growth equity consortium finances asset acquisitions across Senegal, Botswana, Zambia, and Uganda while backing the group's commercial and industrial solar-plus-storage pipeline.
SAS Group Acquires Majority Stake in South Africa’s Afrikelp in Sixth Stirling Square Deal
The Spanish biosolutions developer expands into African markets and accelerates global growth in biological agricultural inputs through a buyout of the South African seaweed biostimulant producer from RMB Ventures.
Qalaa Holdings Moves to Buy QatarEnergy’s Egyptian Refining Company Stake for $420M
The Cairo-listed investment firm expands its effective ownership in the $4.3 billion Mostorod hydrocracking refinery, doubling its interest following full senior debt clearance by the refining asset.
EIB Considers $85M Commitment to Admaius Capital’s $500M Virunga Africa Fund II
The European Investment Bank evaluates a anchor equity ticket in the Luxembourg-domiciled growth buyout vehicle, joining a DFI consortium alongside the IFC, EBRD, Proparco, DEG, and Qatar Investment Authority.
Amsons Group Agrees to Buy Oryx Energies Tanzania in Downstream Deal
The Tanzanian conglomerate acquires Geneva-based Oryx Energies' domestic oil marketing and LPG business, significantly expanding its regional energy storage, retail network, and clean cooking distribution infrastructure.
B Investments Approves Acquisition of 53.5% Stake in BIG Investment Group via Share Swap
The Cairo-listed private equity firm executes a strategic capital consolidation to gain majority control over BIG, securing a cumulative 18.6% economic interest and full voting block control in real estate developer Madinet Masr.
Healthleap Secures $38M Seed & Series A to Expand EHR Clinical AI Platform
Co-founded by South African siblings Josiah and Jemima Meyer, the healthtech startup closes a major funding round from Sequoia Capital, First Round Capital, and Hummingbird Ventures to scale its hospital risk-detection software across US health systems.
Review of Week of 12 October 2026
This week’s briefing features Renaissance Africa Energy's $4.4B banking pool, the $2B IFC-BlueOrchard credit vehicle, Standard Bank's $185M placement in OPay, and strategic transactions across Cygnum Capital, Banque du Caire, and EBRD.
Cygnum Capital Anchors $52M Debut Green Bond for Senegal’s Swami Agri
The Cygnum Capital-managed fund supports Senegal’s leading agri-producer in issuing the first agricultural green bond in the West African Economic and Monetary Union, backed by a 100% FAGACE guarantee.