Industry Newsroom

EIB to Commit USD156m to Six Africa-Focused Funds

The European Investment Bank (EIB) has approved USD156m in commitments to six Africa-focused funds, including: USD50m to AfricInvest IV; USD20m to Alitheia IDF‘s Gender Smart Fund; USD30m to WDB Equity Fund; USD25m to BluePeak Private Capital‘s maiden private credit fund; USD12.5m to Atlantica Venture Capital Fund; and USD18.5m to Janngo Capital‘s maiden venture fund. Read more