A new fund-of-funds has done something that has never been done before in Ghana — persuaded pension trustees to allocate to private equity and debt vehicles. The journey took half a decade...
“This investment is part of the Choose Africa initiative, which Proparco launched to support SMEs and startups across Africa,” said Jérémie Ceyrac, Proparco’s Investment Director.
Accrue’s agent network model mirrors the approach of established mobile money platforms like MPesa and Moniepoint, which have played a transformative role in financial inclusion across Africa.
The latest funding contributions are part of Egypt’s broader “Fund of Funds” initiative, which has ambitious plans to secure up to $1 billion in funding.
“The extension of our strategic partnership reaffirms our shared commitment to creating a more sustainable and prosperous future for Africa,” said USTDA Director.
This change effectively acknowledges that smaller transactions, previously subject to the same level of scrutiny as larger ones, were overburdening both regulators and investors.
In July 2022, CrossBoundary Energy announced the completion of a US$40 million equity investment from Norfund and KLP, Norway’s largest pension company.
The $24 million investment will fund Enko Education’s large-scale acquisition strategy aimed at consolidating Africa’s fragmented K-12 education market.
A new fund-of-funds has done something that has never been done before in Ghana — persuaded pension trustees to allocate to private equity and debt vehicles. The journey took half a decade...
The move offers a short reprieve in what has become a high-stakes infrastructure struggle between a determined regulator and an industry whose business models are built on proprietary rails.
A $50 million green bond listing marks the first time off-grid solar receivables from Africa have entered the public bond markets - and signals a structural shift in how energy access gets financed.
