BII Platform GIP Ghana Makes First Investment to Support eSAL’s Expansion in Ghana

GIP is a first-of-its-kind platform, created and funded by BII, that provides long-term, flexible capital, primarily in local currency, to SMEs in Ghana ...

EIB Global Announces New Investment in Venture Capital Fund for African Innovative Entrepreneurs

EIB Global equity investment of $30 million in Seedstars Africa Ventures I supports risk capital for entrepreneurs across Africa, boosting growth and job...

Amethis, Africinvest, Proparco and IFC Acquire a Majority Stake in Netis

Investors Amethis, Africinvest, Proparco and IFC have acquired a majority stake in leading pan-African telecommunication infrastructure provider Netis operates in more than 15...

African Development Bank Approves $30M Finance Facility to Boost Trade and SMEs in Kenya

AfDB approved a $30 million finance facility for Family Limited Bank in Kenya to boost trade and SME financing gap in Kenya The...

Pan-African VC Fund VKAV Raises $43M from Investors to Boost Emerging Growth Stage Companies

Verod-Kepple Africa Ventures (VKAV) raised $43 million to drive innovation and growth in Africa The initial backers of this fund included institutions such...

Swedfund Invests $5M in Somali Fund to Provide Financing to SMEs

Swedfund is investing $5 million in Somali Fund to help boost the growth of small and medium-sized enterprises in the country The fund...