Development Finance
West Africa
Venture capitalization, upstream energy transactions, private credit facilities, and high-growth equity investments driving expansion across West African private markets.
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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.
Afreenergy Solar Secures €12M Senior Debt from Camco’s REPP 2 for Senegalese C&I Portfolio
The Camco-managed climate vehicle structures a portfolio debt facility to scale Afreenergy’s solar and battery storage capacity to 14.9 MWp, building on €4.3M in platform equity from InfraCo.
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.
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.
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.
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.
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.