Development Finance
East Africa
Cross-border private capital flows, infrastructure project financing, private equity investments, and venture expansions across East African economies.
More Stories
Ground Up Investing Achieves $6M First Close for $20M Agribusiness Debt Fund II
The impact investment vehicle of Corus International targets small and medium agribusinesses across Sub-Saharan Africa and Latin America to drive $200 million in incremental smallholder farmer income.
UK Government’s FCDO Commits $15M via MOBILIST to Anchor Quickmart’s IPO
The UK public investment programme acquires 260 million shares in the Kenyan retailer, joining the International Finance Corporation to anchor the country’s largest retail public listing on the NSE.
Aries Media Ventures Launches Fund I for Sub-Saharan Media-Tech, Backs Initial Trio of Startups
The early-stage venture firm deploys capital from its inaugural fund into creator economy, events commerce, and venue booking platforms across Kenya, Ghana, Uganda, Rwanda, Tanzania, and South Africa.
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.
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.
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.
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.
Solarise Africa Secures €1M EEP Africa Grant to Expand into Uganda and Zambia
The commercial and industrial energy provider matches the catalytic funding with €1M in internal co-financing to launch a 24-month, 3MW decentralised solar and storage rollout.
IFC and BlueOrchard Launch $2B Private Debt Vehicle to Expand Institutional Credit Across Emerging Markets
The World Bank Group's private-sector arm partners with Schroders-owned impact manager BlueOrchard to mobilize long-term private capital, anchored by a $300M commitment from Japan's Tokio Marine Group.
Maliasili Secures $15M Grant from MacKenzie Scott to Expand Community Conservation Fund
The African conservation catalyst uses unrestricted funding to scale its pooled financing mechanism through 2030, targeting direct core capital for local environmental organizations.