Member News

Cascador, a Nigeria-focused platform for growth-stage entrepreneurs, has selected 10 Nigerian companies for its 2026 ScaleUp Program, a 12-week accelerator focused on helping businesses sharpen their strategy and prepare for their next stage of growth.

Casablanca, Morocco, September 1st, 2026 – Africa50, the specialist investor in African infrastructure, today announced the appointment of Mr. Cheick-Oumar Sylla as Chief Executive Officer of its Africa50 Project Development (PD) Fund.

The acquisition of MITCO marks a further milestone in Fidence’s international expansion, following the acquisition of CW Partners in December 2025. It establishes the Group’s presence in Mauritius, one of the world’s leading international financial centres, and in the Seychelles.

Norfund’s first ever CIO has been appointed, as well as a new EVP for Renewable Energy.

London / Casablanca, 27 July 2026 – Helios Investment Partners (“Helios”), the leading Africa-focused private investment firm, is pleased to announce the initial public offering of its portfolio company T2S Group Holding ("T2S Group" or the "Group") on the Casablanca Stock Exchange ("CSE"). The offering, of MAD 1.1 billion (c.USD 120 million), is one of the largest listings on the CSE in recent years and values the Group at a post-money market capitalisation of c.MAD 4.9 billion (c.USD 520 million) at listing.

Casablanca, Morocco, 21 July 2026 – Africa50, the specialist investor in African infrastructure today announced the appointment of Djalal Khimdjee as Chief Executive Officer of its Africa50 Principal Investment Fund (formerly Africa50 Project Finance), effective 1 August 2026.

Following the successful execution of a strategic acquisition, Standard Bank Corporate and Investment Banking (CIB) partnered with Tolaram once again to provide a bespoke term financing solution. The facility refinanced the bridge funding used to support the original transaction and represents the next phase in a relationship focused on delivering capital solutions that evolve alongside the client's strategic ambitions. The transaction demonstrates how financing requirements change as businesses move from acquisition execution to long-term value creation. By transitioning from bridge funding to a term facility, Tolaram was able to establish a funding structure better aligned to its ongoing growth objectives.

PRETORIA, 15 JULY 2026 –The Board of Directors of the Public Investment Corporation (PIC) has appointed the Corporation’s Chief Financial Officer, Ms. Batandwa Damoyi, as Acting Chief Executive Officer with immediate effect following the precautionary suspension of the Chief Executive Officer, Mr. Patrick Dlamini.

Norfund has appointed Naana Winful Fynn as Executive Vice President (EVP) for Financial Inclusion. As EVP she will also be a member of Norfund’s management team. She succeeds Erik Sandersen, who recently assumed the role of CEO.

The new investment reflects growing confidence in GIP’s model, with over $40 million deployed to Ghanaian businesses, 3,356 new jobs created and supported, and an additional $20 million committed to further scale its impact.