IFC lends on Seacom’s subsea fiber business
The IFC said it is providing a $207 million debt package to Seacom as part of the latter's 5-year, digital infra expansion plan
Brookfield and Ontario Teachers’ acquire data centre plat...
Brookfield Infrastructure Partners and existing investor Ontario Teachers’ Pension Plan have reached an agreement to acquire Compass Datacenters from RedBird Capital Partners and the Azrieli Group
NEXI invests in African Trade Insurance Agency
NEXI has signed a $14.8 million capital subscription into the ATI – becoming the newest member of the African risk insurer
AIIB responds to allegations of ex-comms chief
AIIB has agreed to conduct an internal review after Canada said it would freeze ties with the lender following allegations by its former comms chief that it is dominated by Communist Party members
EU approves $27m for Sub-Saharan Africa
The European Union has mobilised €25 million to improve the financial management capacity of partner countries across Africa
ADB to support Turkmenistan
Asian Development Bank is planning to launch a country partnership strategy to support private sector and human capital development with an emphasis on climate change in Turkmenistan