Climate Fund Managers has agreed to provide up to USD40m in financing via the Climate Investor One’s Construction Equity Fund to support the development of the Niakhar Project, a solar power plant with an associated battery storage system in Senegal, as part of a joint development agreement with… Read More
Index Ventures led a USD19m Series A for Sofía, a Mexico-based telemedicine and insurance platform backed by KaszeK Ventures. Read more… Read More
An affiliate of Baring Private Equity Asia led a USD198m Series D financing for Codemao, a China-based edtech focused on coding, with participation from a range of state-owned players and investment firms. Read more… Read More
SoftBank led a BRL310m (approximately USD58m) Series D for Olist, a Brazil-based e-commerce platform for retailers, with participation from Valor Capital Group, Península, VELT Partners, FJ Labs, and Kevin Efrusy. Read more… Read More
China’s State Power Investment Corp., through its Hong Kong-based unit China Power International Holding Limited, has acquired Mexico-based renewable energy company Zuma Energía from Actis for an undisclosed amount. Read more… Read More
Africa Capital Alliance, via its Capital Alliance Private Equity IV (CAPE IV) fund, has agreed to invest USD20m in Accelerex, the parent company of Nigerian electronic payment and fintech solutions company Global Accelerex. Read more… Read More
Lion’s Head Global Partners, through its Facility for Energy Inclusion Off-Grid Energy Access Fund, has agreed to provide USD4m in debt financing to Africa-focused solar solutions provider Bboxx to support its expansion into the Democratic Republic of Congo. Read more… Read More
Ribbit Capital led a USD30m Series B for Chipper Cash, a mobile-based P2P payment services platform with operations in Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa, and Kenya. Bezos Expeditions, the personal VC fund of Amazon CEO Jeff Bezos, also participated in the round. Read more… Read More
SoftBank Ventures Asia and Daesung Private Equity led a USD28m Series D for India-based digital payments startup True Balance, with participation from Naver and BonAngels, and follow-on from Shinhan Capital. Read more… Read More
Old Mutual Alternative Investments, through its Education Investment Impact Fund of South Africa, has made an undisclosed investment in South Africa-based private education company Sifiso Learning Group. Read more… Read More
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