French Development Agency

European Union-Latin America and Caribbean partnership Key to Solving Regional and Global Challenges, Says IDB President

Retrieved on: 
Thursday, July 20, 2023

The " New Agenda to strengthen the EU's partnership with Latin America and the Caribbean," lays out Europe's goals for reinvigorating political and economic ties.

Key Points: 
  • The " New Agenda to strengthen the EU's partnership with Latin America and the Caribbean," lays out Europe's goals for reinvigorating political and economic ties.
  • "This investment benefits not only Latin America and the Caribbean, but also the European Union, at a time of many shared priorities.
  • While in Brussels, the IDB delegation met with leaders from across Latin America and the Caribbean and Europe, including from key private-sector companies such as Nokia and Siemens.
  • Over the past year alone, the European Commission has allocated $35.5 million in grants for IDB projects, from health to trade.

European Union-Latin America and Caribbean partnership Key to Solving Regional and Global Challenges, Says IDB President

Retrieved on: 
Wednesday, July 19, 2023

The " New Agenda to strengthen the EU's partnership with Latin America and the Caribbean," lays out Europe's goals for reinvigorating political and economic ties.

Key Points: 
  • The " New Agenda to strengthen the EU's partnership with Latin America and the Caribbean," lays out Europe's goals for reinvigorating political and economic ties.
  • "This investment benefits not only Latin America and the Caribbean, but also the European Union, at a time of many shared priorities.
  • While in Brussels, the IDB delegation met with leaders from across Latin America and the Caribbean and Europe, including from key private-sector companies such as Nokia and Siemens.
  • Over the past year alone, the European Commission has allocated $35.5 million in grants for IDB projects, from health to trade.

OPEC Fund Development Forum 2023: Unlocking synergies and funding opportunities for sustainable development

Retrieved on: 
Thursday, June 15, 2023

Addressing global development challenges under the over-arching theme "Driving Resilience & Equity", forum discussions will focus on opportunities to better finance sustainable development and secure transformational impact.

Key Points: 
  • Addressing global development challenges under the over-arching theme "Driving Resilience & Equity", forum discussions will focus on opportunities to better finance sustainable development and secure transformational impact.
  • With the OPEC Fund Development Forum we are demonstrating that we are committed to addressing these challenges head-on in concert with partner countries and institutions.
  • The OPEC Fund Development Forum brings together government leaders, ministers, heads of institutions, representatives from multilateral development banks, international organizations and private sector stakeholders.
  • For a full list of speakers and a detailed program, please visit the official OPEC Fund Development Forum 2023 website.

OPEC Fund Development Forum 2023: Unlocking synergies and funding opportunities for sustainable development

Retrieved on: 
Thursday, June 15, 2023

Addressing global development challenges under the over-arching theme "Driving Resilience & Equity", forum discussions will focus on opportunities to better finance sustainable development and secure transformational impact.

Key Points: 
  • Addressing global development challenges under the over-arching theme "Driving Resilience & Equity", forum discussions will focus on opportunities to better finance sustainable development and secure transformational impact.
  • With the OPEC Fund Development Forum we are demonstrating that we are committed to addressing these challenges head-on in concert with partner countries and institutions.
  • The OPEC Fund Development Forum brings together government leaders, ministers, heads of institutions, representatives from multilateral development banks, international organizations and private sector stakeholders.
  • For a full list of speakers and a detailed program, please visit the official OPEC Fund Development Forum 2023 website.

AFRICA MOBILE NETWORKS (AMN) REACHES FINANCIAL CLOSE ON US$20 MILLION HOLDCO DEBT WITH IMPACT INVESTORS

Retrieved on: 
Tuesday, March 28, 2023

LONDON, March 28, 2023 /PRNewswire/ -- Africa Mobile Networks Limited is pleased to announce that it has successfully reached financial close on their US$20million senior secured loan facility.

Key Points: 
  • LONDON, March 28, 2023 /PRNewswire/ -- Africa Mobile Networks Limited is pleased to announce that it has successfully reached financial close on their US$20million senior secured loan facility.
  • The new financing package is expected to help deliver long-term benefits and financing a rollout of mobile communications towers in rural and ultra-rural Africa.
  • The facility, provided by BlueOrchard Sustainable Assets Fund (BOSAF) and the OP Finnfund Global Impact Fund I, will deliver a USD 20 million debt investment package to support the growth of Africa Mobile Networks ("AMN").
  • According to estimations, more than 300 million people in Sub-Saharan Africa are living in villages which have no usable mobile network service today.

AFRICA MOBILE NETWORKS (AMN) REACHES FINANCIAL CLOSE ON US$20 MILLION HOLDCO DEBT WITH IMPACT INVESTORS

Retrieved on: 
Tuesday, March 28, 2023

LONDON, March 28, 2023 /PRNewswire/ -- Africa Mobile Networks Limited is pleased to announce that it has successfully reached financial close on their US$20million senior secured loan facility.

Key Points: 
  • LONDON, March 28, 2023 /PRNewswire/ -- Africa Mobile Networks Limited is pleased to announce that it has successfully reached financial close on their US$20million senior secured loan facility.
  • The new financing package is expected to help deliver long-term benefits and financing a rollout of mobile communications towers in rural and ultra-rural Africa.
  • The facility, provided by BlueOrchard Sustainable Assets Fund (BOSAF) and the OP Finnfund Global Impact Fund I, will deliver a USD 20 million debt investment package to support the growth of Africa Mobile Networks ("AMN").
  • According to estimations, more than 300 million people in Sub-Saharan Africa are living in villages which have no usable mobile network service today.

Chrysalix Venture Capital Announces New Investment in C2CA Technology, the Next Generation in Concrete Recycling

Retrieved on: 
Tuesday, March 7, 2023

Vancouver, Canada and Delft, Netherlands, March 07, 2023 (GLOBE NEWSWIRE) -- Chrysalix Venture Capital, a global technology venture capital firm that specializes in transformational industrial innovation, announces a new investment in C2CA Technology, a spin-out of TU Delft in the Netherlands.

Key Points: 
  • Vancouver, Canada and Delft, Netherlands, March 07, 2023 (GLOBE NEWSWIRE) -- Chrysalix Venture Capital, a global technology venture capital firm that specializes in transformational industrial innovation, announces a new investment in C2CA Technology, a spin-out of TU Delft in the Netherlands.
  • C2CA is developing a low-cost and scalable solution for concrete recycling that creates high-quality materials for new concrete, thereby enabling substitution of cement, sand and gravel to efficiently decarbonize the cement & concrete industry.
  • C2CA Technology has shown in practice that demolition concrete can be fully used in new concrete, creating 100% circular concrete.
  • In the Netherlands alone, 13 million tons per year of waste concrete are recyclable,” said Fred van Beuningen, Managing Partner at Chrysalix Venture Capital.

Janngo Capital Startup Fund, Africa's largest gender equal tech VC fund, reaches the first close of its €60 million new fund

Retrieved on: 
Monday, September 12, 2022

Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.

Key Points: 
  • Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
  • Yet, they face a $42 billion funding gap and have very limited access to growth capital.
  • "We are proud to lead Africa's largest gender equal tech VC fund and see major global investors rally around our vision to back entrepreneurs building digital champions across Africa.
  • That is why we are pleased to partner again with Janngo Capital Startup Fund through our Boost Africa Initiative," said Ambroise Fayolle, European Investment Bank Vice President.

Janngo Capital Startup Fund, Africa's largest gender equal tech VC fund, reaches the first close of its €60 million new fund

Retrieved on: 
Monday, September 12, 2022

Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.

Key Points: 
  • Launched in Davos in 2020, Janngo Capital's latest fund will invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
  • Yet, they face a $42 billion funding gap and have very limited access to growth capital.
  • "We are proud to lead Africa's largest gender equal tech VC fund and see major global investors rally around our vision to back entrepreneurs building digital champions across Africa.
  • That is why we are pleased to partner again with Janngo Capital Startup Fund through our Boost Africa Initiative," said Ambroise Fayolle, European Investment Bank Vice President.

Circulate Capital Achieves Third Close for Circulate Capital Ocean Fund I-B, Led by the International Finance Corporation (IFC) and Proparco

Retrieved on: 
Wednesday, July 27, 2022

IFC's investment includes an equity commitment of US $5 million from the Finland-IFC Blended Finance for Climate Change Program .

Key Points: 
  • IFC's investment includes an equity commitment of US $5 million from the Finland-IFC Blended Finance for Climate Change Program .
  • "We're delighted to support Circulate Capital in its efforts to tackle the plastic-waste crisis in Asia," said William Sonneborn, IFC's Senior Director of Disruptive Technologies and Funds.
  • It will also increase access to much-needed capital for the small and medium-sized enterprises delivering these important solutions."
  • "The race to unlock the investment potential of the circular economy is heating up," said Rob Kaplan, CEO and Founder of Circulate Capital.