Norfund
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Funding
Kenyan Textile Company, Balaji Group Raises Sh3.2B ($25M) Debt Investment
Balaji Group, a textile company based in Nairobi, Kenya has received a $25 million mezzanine debt investment from Norfund and…
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Funding
Madagascar Startup, WeLight Raises €19 million with EIB, EDFI ElectriFI and Triodos Investment Management
Today the European Investment Bank (EIB), Triodos Investment Management and EDFI ElectriFI declared their new mutual investment of €19 million to support…
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Renewable energy
Renewable Energy Company Baobab+ Secures US$1.5m
The United States Agency for International Development (USAID) has allocated renewable energy company Baobab+ US$1.5 million to grow in the Democratic Republic of…
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Funding
1K1V Announces $8m Norfund Investment In Redsun Dried Fruit and Nuts
Redsun, located along the banks of the Orange River, is expanding its operations with two new state-of-the-art facilities that will…
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Renewable energy
H1 Capital secures US$39m from Norfund and CDC Group for green energy projects
SOUTH AFRICA – The South African renewable energy industry today received a R600 million (US$39.22m) boost from Norfund, the Norwegian investment fund for developing countries,…
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Funding
KENYA: CDC, Norfund, Standard And Citi Provide $75 Million Credit To Greenlight
British investor CDC Group is partnering with Norfund, Standard Bank and Citi to open a $75 million line of credit…
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Digital
Pan-African company Baobab+ secures US$11.7mn for operational expansion
Baobab+, has just raised US$11.7mn from Norwegian fund Norfund to finance electrification and digitalization in several African countries. The fundraising will…
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