A US-based investor has signed a deal to back an approximately $256.9 million (€242 million), investment into a Senegalese industrials company focused on cement production. … more
Tag Archives: IFC
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Tech player beats fund target by 18%
Convergence Partners has touched final close of its Sub-Saharan Africa (SSA)-focused specialist technology vehicle– beating its target by 18%. The investor has brought in $296 … more
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Mezz player beats final fund target
Vantage Capital has touched final close on its fourth Sub-Saharan Africa (SSA)-focused mezzanine vehicle – raising approximately 7.7% above the final targeted amount. The fund … more
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GP hits 1st close at 75%
Adenia Partners has touched first close on its fifth Africa-focused generalist vehicle, raising approximately 75% of the final targeted amount. The investor has brought in … more
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IFC tops DFI rankings
The International Finance Corporation has been ranked the most transparent development finance institution (DFI) in a newly launched index. IFC topped the charts among the … more
