• Carlyle Africa team spins out, launches Alterra (Exclusive)

    Carlyle Group's Sub-Saharan Africa team has been spun out to form Alterra Capital Partners a new firm set up to grow out the team's strategy across Africa The new platform of about people has also formed an alliance with Carlyle to enable the global giant to continue to look at the ...

    CONTINUE READING...
  • MIGA rolls out $6.5bn in COVID risk hedges

    The Multilateral Investment Guarantee Agency MIGA has set up plans to provide billion in guarantees This is in a bid to mitigate liquidity risks related to the coronavirus disease COVID- crisis across emerging markets The facility split across four sub-segments is aimed at alleviating working capital constraints for governments corporates and ...

    CONTINUE READING...
  • DFIs set up COVID crisis liquidity plans

    A number of development finance institutions DFIs have sealed a pact aimed at thawing frozen capital markets across emerging markets on the back of the coronavirus disease COVID- crisis A total of development financiers from Organisation for Economic Co-operation and Development OECD countries called the DFI Alliance have signed a pact ...

    CONTINUE READING...
  • New Minister for Africa starts in role (free content)

    The newly appointed minister of state for Africa James Duddridge has started in his new role taking over from Andrew Stephenson who had held the position for less than a year Minister Duddridge has also been appointed parliamentary under secretary of state in the Foreign and Commonwealth Office and the Department ...

    CONTINUE READING...
  • President Trump names US-Africa deals head (free content)

    President Donald Trump has appointed US International Development Finance Corporation s DFC chief executive officer CEO Adam Boehler as executive chairman of the deals platform Prosper Africa The newly created entity was set up to facilitate deal making between the US and Africa Set up in Prosper Africa was created to ...

    CONTINUE READING...
  • ECA-backed Africa FoF launched

    United Nations Economic Commission of Africa ECA has set up an Africa-focused Fund-of-Funds FoF which is looking to back women-owned vehicles African Women Leadership Fund AWLF has been created to target up to million - a lower target for this fund has been set at million AWLF will be managed by ...

    CONTINUE READING...
  • DFC names CDO

    US s newly set up billion Development Finance Institution DFI US International Development Finance Corporation DFC has named Andrew Herscowitz as chief development officer CDO a newly created role He has been tasked with overseeing DFC s development policies and ensuring that the DFI meets its development mandate - which includes ...

    CONTINUE READING...
  • JP Morgan names Africa specialist as DFI head

    JP Morgan has hired ex-Africa-focused investor Faheen Allibhoy as head of its newly created development finance institution DFI The DFI is set to finance over billion investments annually across emerging markets Allibhoy has been brought in to fill the role of managing director after spending years at International Finance Corporation IFC ...

    CONTINUE READING...
  • UK govt in Africa renewable energy push (Free Content)

    UK s government has prioritised the renewable energy sector as key to its Africa push as it works to strengthen ties with the continent following its exit from the European Union Key renewable energy areas of focus will include solar wind and hydro power The UK will also halt investments into ...

    CONTINUE READING...
  • Ascent takes over Fanisi fund to boost returns

    Ascent Capital Africa has taken over the management of a Fanisi Capital fund as the two East Africa-focused investors seek to boost returns by merging operations of their latest vehicles The small-cap GP is taking over the management of Fanisi Capital Fund II Fanisi II which was closed at million in ...

    CONTINUE READING...

Editor's Choice