All posts tagged IFC
IFC mulls $9.8m Garden City deal
Actis’s Garden City is set to get an equity commitment from the the International Finance Corporation(IFC), as the development financier considers plans to invest $9.8million into the Kenya-based greenfield real estate project.
CDC hires Adam to head Africa funds
The CDC group has hired Ayaan Adam as managing director for its Africa Funds team. She replaces Rod Evison, who retired at the end of 2012. Adam starts in
8 Miles seals Eleni deal
8 Miles has finally signed on Eleni & Associates, an Ethiopia-based business services company – as previously reported by Private Equity Africa. The investor joins Morgan Stanley and
IFC in $5m Gulf African Bank deal
The international Finance Corporation (IFC) has agreed to pay $5 million for a 15% stake in Gulf African Bank, a Kenya-based financial services company.
Satya cuts fund II to $300m
ACA’s Swift works on $62m plans
African Capital Alliance’s (ACA) Nigeria-based telecommunication services portfolio company Swift Networks is working on plans to raise financing to support its $62million growth plans.
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.
IFC mulls $10m Afrimax deal
The International Finance Corporation (IFC) is working on plans to invest $10 million in start-up communications service provider Afrimax. Afrimax is
IFC’s Prosper returns to Africa as VP
The International Finance Corporation has appointment Jean Philippe Prosper as vice president of Sub-Saharan Africa (SSA), Latin America and the Caribbean.
Renaissance’s Trustco seeks capital
Renaissance Investment Management’s Trustco Group Holdings , a financial services company based in Namibia, is seeking new capital to finance regional growth and bolster its
