All posts tagged AfDB

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DFIs back Indorama $1.2bn plant

Indorama Eleme Fertilizer & Chemicals (IEFC) has received backing from development finance institutions (DFIs) to build a $1.2billion fertilizer plant in Nigeria.

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Morgan Stanley & IFC inject $5m in Eleni

Morgan Stanley and the International Finance Corporation (IFC) have partnered on a $5million equity injection into Eleni & Associates, an Ethiopia-based business services company. The

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BP gets $7m for SME fund

South Africa-based Business Partners has received a $7million commitment to its maiden small and medium sized enterprises (SME) fund from the Africa Development Bank (AfDB). The fund is being

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8 Miles gets $50m from CDC

8 Miles has received a $50million commitment from UK development finance investor CDC Group. CDC joins the International Finance Corporation (IFC) and African Development Bank (AfDB), which were key

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Carlyle gets $50m from AfDB

Carlyle has raised $50 million from the African Development Bank (AfDB) for its maiden $500million sub-Saharan Africa vehicle. This fund is the first investment vehicle that the US-based private equity giant

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8 Miles hits $200m first close

UK-based Miles has reached the first close of its maiden pan-African private equity fund at $200million, as it works towards a revised $450million final target. 8 Miles received its

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LPs discuss PE in Africa

Five LPs speak about their experiences of investing in Africa, the challenges in the industry and the best strategies for teams looking to raise funds. Five LPs, Five questions QUESTION

AfDB leads fight on corruption

Cutting corruption and reducing poverty in Africa go hand-in-hand, according to Jacob Mukete, a member of the the African Development Bank’s Governance, Economic and Financial Reforms unit. Mukete was

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Cauris gets €5m from AfDB

Francophone Africa focused investor Cauris has received a €5million from the African Development Bank (AfDB) for its Cauris Croissance II fund (FCC II). The fund is targeting €60m at

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Aureos health fund reaches $75.4m

Aureos has raised $75.4 million for its Africa Health Fund (AHF), against the fund's $100million target. Launched in June 2009, AHF is a specialist pilot fund anchored by four