AFC commits $100m to African tech funds as DFIs deepen digital infrastructure push

AFC

Africa-focused infrastructure financier Africa Finance Corporation (AFC) will commit up to $100 million to technology-focused fund managers across the continent, as development finance institutions increasingly expand into digital infrastructure and venture ecosystems to support economic growth. The investment vehicle, approved by AFC’s board, will back Africa-focused technology funds, particularly African-owned managers, in a move aimed … Read more

African CEOs push faster AfCFTA rollout as trade finance, infrastructure gaps weigh on regional commerce

AfCFTA

African business leaders are urging faster implementation of the African Continental Free Trade Area (AfCFTA), saying infrastructure bottlenecks, limited trade financing and fragmented supply chains continue to constrain intra-African commerce and industrial growth. The Africa Business Leaders Coalition (ABLC), a CEO-led platform convened by the UN Global Compact, launched a position paper at the Africa … Read more

IFC weighs $23m follow-on investment in Africa Go Green climate fund

IFC Africa Go Green Fund

The International Finance Corporation (IFC) is considering a follow-on investment of up to $23 million in Africa Go Green, a pan-African climate finance fund, according to project documents seen by DevFiNews. The move comes as development lenders seek to expand private capital flows into energy efficiency and renewable energy projects across the continent, according to … Read more

Hong Kong unveils sector-based transition finance guide for technology firms

Hong Kong

Hong Kong regulators and financial authorities have released one of the region’s first sector-specific operational guides for transition finance, as Asian financial centres race to channel more private capital into corporate decarbonisation while addressing concerns over greenwashing and fragmented disclosure standards. The Hong Kong Green and Sustainable Finance Cross-Agency Steering Group welcomed the publication of … Read more

IFC considers up to $45m backing for ACON Latin America fund

IFC ACON

International Finance Corporation (IFC), a member of the World Bank Group, is considering an equity investment of up to $25 million and a discretionary co-investment envelope of up to $20 million for a Latin America-focused private equity fund managed by ACON Investments, according to project disclosures seen by DevFiNews. The proposed investment will support ACON … Read more

ADB signs $40m loan for Arkas’ Türkiye logistics expansion

ADB Arkas

The Asian Development Bank (ADB) said it signed a $40 million loan with Arkas Holding to support maritime logistics and port infrastructure upgrades in Türkiye, marking ADB’s first private-sector infrastructure transaction in the country since beginning operations there in October 2025. The financing will support Arkas Group’s capital expenditure program over the next eight years, … Read more

IFC weighs €50m risk-sharing facility for cocoa trader Touton

IFC Touton

The International Finance Corporation (IFC) is considering an unfunded risk participation of up to 50 million euros ($56 million) in a 150-million-euro trade finance facility arranged by Societe Generale for French cocoa trader Touton S.A., according to project disclosures seen by DevFiNews. The proposed facility will support the procurement and export of traceable cocoa beans … Read more

ADNOC, Temasek join Global Infrastructure Partners in $30b infrastructure push

GIP ADNOC Temasek

Global Infrastructure Partners, ADNOC, Temasek and investment firm L’IMAD are launching a new infrastructure investment partnership targeting up to $30 billion of investments across the Gulf Cooperation Council, Central Asia, and selected Middle East and North Africa markets. The partnership will focus on sectors including energy, transportation, logistics, digital infrastructure, water, and waste management, according … Read more

DEG provides $45m loan to Yapi Kredi Leasing for green, blue SME finance in Türkiye

DEG, the private-sector investment arm of German development bank KfW, has provided a $45 million senior loan to Türkiye’s Yapi Kredi Leasing to support green and blue economy financing for small and medium-sized enterprises. The five-year facility, which includes a one-year grace period, will be used to finance climate-smart SME projects across Türkiye, according to … Read more

DEG proposes $40m financing for Salvadoran sugar producer CASSA

DEG CASSA

DEG, the investment arm of German state-owned development bank KfW, is proposing a $40 million financing package for Salvadoran sugar producer Compañía Azucarera Salvadoreña S.A. de C.V., according to project documents seen by DevFiNews. The proposed investment will fund efficiency upgrades and refinance short-term debt, as development lenders continue to back sustainable agribusiness projects in … Read more