Image Credit: Nimba Mining Company Development Finance Nimba Mining Finalizes $300 Million Glencore Pre-Financing Deal to Accelerate Strategic Mineral Assets The strategic agreement locks in multi-hundred-million-dollar trade-backed liquidity and guarantees off-take channels for up to 60 million tonnes of Guinean bauxite. By Charles S. • a month ago
Proparco Commits $10 Million to Africa50’s AGIA-PD Fund to Accelerate Green Infrastructure With early-stage structuring remaining the primary bottleneck for African infrastructure, Proparco’s anchor commitment targets the pre-investment gap to unlock a USD 400 million pipeline of bankable green assets.
Sep 14, 2026 Nimba Mining Finalizes $300 Million Glencore Pre-Financing Deal to Accelerate Strategic Mineral Assets The strategic agreement locks in multi-hundred-million-dollar trade-backed liquidity and guarantees off-take channels for up to 60 million tonnes of Guinean bauxite. Image Credit: Nimba Mining Company
Sep 13, 2026 Proparco Commits $10 Million to Africa50’s AGIA-PD Fund to Accelerate Green Infrastructure With early-stage structuring remaining the primary bottleneck for African infrastructure, Proparco’s anchor commitment targets the pre-investment gap to unlock a USD 400 million pipeline of bankable green assets. Image Credit: Proparco
Sep 11, 2026 Watu Secures $7 Million Strategic Debt Facility from AHL Venture Partners to Drive African Expansion The asset-financing platform has closed a fresh debt facility to bolster working capital and scale its mobility and connectivity portfolios across emerging African markets. Image Credit: Watu & AHL Venture Partners
Sep 11, 2026 US EXIM Backs Pan-African Mobile Network Operator Africell Angola with $99.6 Million Direct Loan The Export-Import Bank of the United States has approved a major financing package to deploy advanced telecommunications infrastructure and expand network architecture across Angola. Image Credit: Africell Angola
Sep 9, 2026 Mauritius Commercial Bank Structures $51 Million Loan to Support Tolaram Group's Guinness Nigeria Refinancing The Mauritian financial institution has finalized a strategic medium-term facility to help the Singaporean multinational optimize its capital structure following its high-profile acquisition of Guinness Nigeria. Image Credit: Guinness Nigeria
Sep 8, 2026 Nairobi-Based EV and Battery-as-a-Service Pioneer ARC Ride Secures $33.3 Million in Combined Equity and Debt Financing Kenyan electric mobility leader ARC Ride has closed a massive $33.3 million funding round backed by a consortium of top-tier venture capital firms and international development finance institutions to scale its pan-African operations. Image Credit: Proparco
Sep 5, 2026 Moroccan Water Infrastructure Leader SNCE Welcomes CDG Invest Growth and Mediterrania Capital Partners as Minority Shareholders The historic hydraulic engineering firm is bringing in institutional investors to accelerate regional expansion across Africa and the Middle East while keeping the founding Laraqui family at the helm. Image Credit: SNCE
Sep 4, 2026 AHL Venture Partners Hits $45.5 Million Second Close for Africa Credit Fund I Following $15 Million Commitment The pan-African debt fund has advanced toward its $70 million target, backed by Ceniarth and co-investors, to scale senior secured and mezzanine lending across high-impact sectors. Image Credit: AHL Venture Partners
Sep 3, 2026 African Fintech Nomba Secures $3 Million Debt Facility via CardinalStone to Scale Africa-Asia Payment Infrastructure The B2B financial services provider is leveraging new debt capital to boost U.S. dollar liquidity through Hong Kong and Singapore, positioning its Democratic Republic of Congo hub for faster trade settlement. Image Credit: Nomba
Feb 16, 2026 Spiro Secures $50 Million in Debt Funding to Expand African EV Battery-Swapping Network African electric mobility leader Spiro has raised $50 million in debt financing from Afreximbank, Nithio, and the Africa Go Green Fund. The capital will fuel the expansion of its battery-swapping infrastructure and proprietary technology platform across the continent. Image Credit: Spiro
Dec 13, 2023 Bboxx and EnerTech Launch $100 Million Electrification Platform at COP28 to Expand Clean Energy Across Africa Data-driven super-platform Bboxx and Kuwait’s EnerTech have partnered on a $100 million electrification initiative announced at COP28, designed to scale essential clean technology, smart financing, and e-mobility services across 11 African markets. Image Credit: Bboxx