• US DFI names impact advisory council

    US s Development Finance Institution DFI US International Development Finance Corporation DFC is building up its impact capabilities with the appointment of its first developmental impact advisory council The council has been created just after the billion DFI a href https peafricanews com dfc-names-cdo brought in a Andrew Herscowitz in a ...

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  • 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 ...

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  • DFC sets up $4bn COVID liquidity platform

    US International Development Finance Corporation DFC has launched a billion coronavirus disease COVID- liquidity platform that will look to inject follow-on capital into its existing deals The Rapid Response Liquidity Facility will provide working capital to enable its portfolio companies to weather the financial turmoil brought on by the COVID- crisis ...

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  • 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 ...

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  • 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 ...

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  • 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 ...

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  • 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 ...

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  • 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 ...

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  • 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 ...

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  • 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 ...

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