News & Events

Alitheia IDF becomes the largest gender-lens private equity fund by value in Africa. Alitheia IDF (AIF) which is Africa’s first women-led and women-focused investing fund has announced the final close of the $100 million funds with European Investment Bank (EIB) joining as the closing investor with $24.6 million. The fund aims to increase investment in women-led businesses across essential sectors. IDF has investments in growth-stage companies across six African countries: Nigeria, South Africa, Ghana, Zimbabwe, Lesotho and Zambia.

Read the original article here: https://african.business/2021/12/apo-newsfeed/eib-supported-gender-lens-investment-fund-alitheia-idf-announces-final-close-at-100-million/

Born in Nigeria’s oil-rich Niger Delta, Tariye Gbadegesin has helped launch a public-private pan-African infrastructure bank, the Africa Finance Corporation (AFC). She led AFC’s first wind power project and became the face of the bank’s climate engagement. In March 2020, she became Nigeria-based fund’s CEO at ARM-Harith. Gbadegesin also talked about strategy and business for achieving net-zero goals and its impact on the continent’s future development at COP26.

Read the original article here: https://www.strategy-business.com/article/ARM-Harith-builds-up-Africas-sustainable-infrastructure

Cassava Technologies, a pan-African technology leader, announces to enter into a memorandum of understanding (MOU) with Mitsui & Co., Ltd (Mitsui), one of Japan’s largest global conglomerates. Mitsui with its extensive experience and global network will help in the development of digital infrastructure across Africa with a particular focus on data centres.

Read the original article here: https://www.thesierraleonetelegraph.com/cassava-technologies-and-mitsui-to-accelerate-digital-transformation-in-africa/