Verdant Capital Hybrid Fund (VCHF) has reached its first closing at US$36mn of committed capital and support for micro, small and medium-sized enterprises (MSME) through investment in financial institutions
Finance
Internet service provider Isizwe raises funding to catalyse commercial capital
Isizwe, an internet service provider that offers online access to low-income communities, has raised US$460,000 in funding from Global Innovation Fund (GIF) to de-risk its model and encourage further investment
Botswana has double-digit economic growth on the cards
Statistics Botswana’s (StatsBots) latest data release shows that the real GDP has expanded by 8.4% year-over-year in the Q3 2021 compared with a contraction of 4.5% year-over-year in the Q3 2020
AfDB board approves pooled investment to boost innovation across sub-saharan Africa
The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment pool of US$11.8mn towards the first close of the Janngo Start-Up Fund, a pan-African tech start-up fund
BVI Finance: Supporting the next frontier
In an exclusive interview with African Review, Elise Donovan, CEO of BVI Finance, discussed why the world’s leading economies are pivoting towards Africa and how the BVI can support the continent achieve its potential