Investment

The International Finance Corporation together with other development finance institutions and impact investors are providing a $165m credit facility to Nairobi-based Equity Group to support lending to MSMEs

Allied Iris Banks is the cornerstone investor in new €75m fund investing in SMEs contributing to Ireland’s decarbonisation. Plus WTW’s finance facility supports Melanesian fishing communities, and UNCDF’s latest initiatives

The Future Planet Fund backs growth companies emerging from innovations developed at some of the world’s leading academic institutions aimed at solving pressing societal challenges

Oryx Impact aims to contribute to the creation of more sustainable and resilient societies in Africa by investing in local impact funds which support SMEs and businesses providing essential goods and services across the continent

ABN AMRO Sustainable Impact Fund, INCO Ventures and NGO ACTED have participated in the latest fundraising round for crowdfunding platform Lendahand which backs entrepreneurs in emerging countries

Infinity Recycling’s Circular Plastics Fund has made its first investment by acquiring a 20% stake in Pryme, the cleantech company behind Europe’s single largest plastic waste advanced recycling project in Rotterdam

Cardano Development is joining forces with a team of housing experts to create a platform to build affordable housing and associated social infrastructure across Africa, starting in Morocco and Tunisia

EIT’s initiative aims to drive greater inclusion of women in venture capital. Plus, Turkey joins GSG’s network, investors back employee learning platform Rise Up, and Quadoro new sustainable energy fund

Gresham House’s sustainable infrastructure fund announced higher than predicted investment returns thanks to higher valuations in sectors such as vertical farming, digital infrastructure and battery storage

The Norrsken22 invests in tech startups across the African continent, with fintech, healthcare and education as key target sectors. The fund, backed by leading tech founders, is about to make its second investment