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CDC Group backs Egyptian solar with $97m investment

CDC was part of a nine-member IFC-led consortium lending $653 million for the 800MW Nubian Suns project.

Green Climate Fund invests $65.8m in Egyptian solar

The UN-backed vehicle has partnered EBRD to finance two plants with a combined 80MW capacity in the Benban park.

Green Climate Fund invests $65.8m in Egyptian solar

The UN-backed vehicle has partnered EBRD to finance two plants with a combined 80MW capacity in the Benban park.

Exclusive: Mubadala eyes up to $1bn for second infra fund

A first close is expected in the first half of next year and the fund will include an expansion outside the Middle East.

Infra helps Angolan SWF post first-time profit

Solid growth in the fund’s infrastructure and agriculture holdings helped drive net profit of $44m.

Africa50 and Senelec back 120MW Senegal power plant

The pair will seek investors for the project, which follows the infra fund’s solar tie-up in Egypt and the addition of two further countries to the platform.

Meridiam Africa fund invests in Gabon port

Earlier this month, the French manager partnered with EDF to invest in distributed renewable projects in Africa.

Meridiam’s Africa fund backs off-grid investment platform

Newly established NEoT Capital will lead the charge in a market it says could be worth ‘several billion euros’.

PFA latest Danish pension to commit to $1bn African fund

Some $650 million has now been raised from four Danish funds by AP Moller Capital.

AIIB enters Egypt with $210m solar debt deal

The multilateral will back 11 solar projects with 490MW aggregate capacity in Egypt’s Benban solar park.
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