Tag: AFC
Eight investors in $1bn Nigeria deal
A consortium of eight investors has backed an approximately $1.014 billion (€1 billion) debt investment into a Nigeria based financial services company.
Africa Finance Corporation...
African pension fund invests $100m in DFI
Public Investment Corporation (PIC) has signed a deal to injection $100 million into a Nigeria-based financial services company, a development finance institution (DFI).
PIC has...
Actis exits energy deal after 7 years
Actis has signed a deal to sell its Africa-focused renewable energy development portfolio company, exiting after about seven years.
The investor is exiting its stake...
Harith’s exit to US giant finalised
Harith General Partners’ deal to wholly exit its stake in a Nigeria-based infrastructure services technology company to a US-based technology company focused on the...
A.P. Moller buys stake from AFC
A.P. Moller Capital has sealed a deal to back a Cape Verde-based renewable energy producer, acquiring a 44% stake from the Africa Finance Corporation...
AFC hires CIO from Blackstone portfolio
The Africa Finance Corporation (AFC) has appointed Sameh Shenouda as its new executive director and chief investment officer (CIO). He has been brought in...