Debt & Financing
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IFC and Attijariwafa Back Pickalbatros with €215M Debt Facility for Morocco Push
The Egyptian hospitality giant contracts a dual-currency sustainability-linked facility arranged across three tranches to acquire prime Casablanca assets, refurbish resort inventory, and refinance debt.
Renaissance Africa Energy Secures $4.4B Banking Pool for Nigerian Oilfield Contractors
The operator collaborates with top-tier African and international lenders to unlock dual-currency credit lines for local contractors, driving its strategy to scale crude production to 500,000 bpd by 2030.
Fairvest Raises $76M for South African Commuter Malls
The JSE-listed retail REIT more than doubles its initial R500M equity target following strong institutional demand, deploying proceeds toward commuter-hub shopping centers and township fiber infrastructure.
Trematon Shareholders Approve $10.4M Sale of Generation Education to Old Mutual's EduFund
The JSE-listed investment holding company disposes of its 87% stake in the private school operator for R172 million, recycling capital to return value to shareholders while retaining core education technology assets.
EIB Global and FCMB Launch €85M Facility to Support Nigerian Agricultural Value Chains
The European Investment Bank’s first dairy sector investment outside the EU targets cocoa and dairy processing, bolstering climate-smart agriculture and compliance with EU deforestation regulations.
Amethis and Bpifrance Acquire Majority Stake in Thermal Decarbonization Specialist ATI Industries
The Edmond de Rothschild-backed impact manager leverages its Europe-Africa-Middle East footprint alongside Bpifrance’s FIEE2 fund to accelerate ATI’s global expansion across waste incineration and environmental engineering markets.
Layer3 Raises $1.13M via Commercial Paper
The Nigerian enterprise IT and cloud provider completes Series 1 & 2 drawdowns under its debut $11.3M Commercial Paper Programme to accelerate enterprise network expansion and sovereign data capabilities.
Finnfund Commits €10M Senior Debt to Bisedge
The European development financier’s debut African e-mobility investment utilizes EFSD+ guarantees and strategic institutional co-operation with Trine to fund industrial fleet decarbonization.
Cascador and Sterling Bank Launch $200M Credit Backstop Fund for Nigerian SMEs
The credit guarantee mechanism combines commercial bank debt with catalytic backstops to unlock lower-interest liquidity for growth-stage Nigerian small and medium enterprises.
Korra Energi CEO Trims Stake in EGP 205M Secondary Sale to Fund Participation in EGP 405M Rights Issue
Ayman Korra trims individual holding to 73.48% in a block transaction executed by Wilzy Securities, aligning liquidity ahead of an EGP 405 million rights issue expansion.
Nithio Injects Climate Capital into MAX, Pushing Series B3 Extension to $29M
The US climate fintech’s investment supports the Nigerian electric mobility pioneer as it expands clean transport infrastructure and scales EV subscription platforms across West and Central Africa.