April Industry News

01 April 2026

 

A collection of news across the African private equity and venture capital industry

GIF Growth invests US$2mn in East African fintech company

4G Capital, an East African fintech company providing financial services to micro and small enterprises (MSEs), has secured a strategic investment of $2 million from GIF Growth, the Global Innovation Fund’s dedicated growth-stage vehicle.

Source: Africa Private Equity News

Oikocredit and GCPF invest US$10mn in Sawa Energy

26 March 2026, Amersfoort, the Netherlands –Oikocredit has partnered with the Global Climate Partnership Fund (GCPF) to provide a USD 10 million debt facility to Sawa Energy​, a leading developer and operator of commercial and industrial (C&I) solar and battery ​systems​ in East Africa​.

Source: Oikocredit

PIDG backs Afreenergy Solar

Amsterdam, The Netherlands: The Private Infrastructure Development Group (PIDG) has committed EUR 4.3m to scale Afreenergy Solar, a specialised platform developing clean energy solutions for commercial and industrial (C&I) customers in Senegal, with the ambition to expand over time into selected markets in West and Central Africa. Announced today at the Future of Energy Summit in Amsterdam, PIDG’s commitment was made through its project development solution, InfraCo.

Source: The Private Infrastructure Development Group