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Uhuru Investment Partners (Uhuru), a middle-market private equity firm based out of Lagos and Abidjan, announced the first close of Uhuru Growth Fund I (UGF) at $113 million, with capital support from CDC Group (CDC), UK’s development finance institution (DFI), along with other DFI partners, commercial and Impact Investors. UGF’s capital will support enterprises that boost job creation, increase access to goods and services in consumer staples, and enhance access to healthcare and fintech s...

CDC Democratizes Open-source Data With Access Insights Platform By Soko Directory Team / Published April 19, 2021 | 12:07 pm KEY POINTS The platform launch will be followed by subsequent launches in Uganda, Sierra Leone, and Nigeria. CDC Group has announced the Access Insights Platform (AIP) launch – an open-source data visualization tool delivering key insights that enable businesses across multiple sectors to make data-informed decisions. The platform has been developed by Catalyst Off-Gri...

DEG, FMO, CDC Group and Team Europe have signed a $100m (Kshs 11bn) loan facility with Equity Group Holdings in its continued commitment to strategically walk with MSMEs during the COVID-19 pandemic. This is the fourth tranche for Equity Group after having signed a $50m (Kshs 5.5bn) loan facility with IFC in September; a $100m (Kshs 11.0bn) from Proparco in October and a €125m (Kshs 16.5 Billion) loan facility signed last week with the European Investment Bank to fortify credit flows and liqu...

Equity Group Holdings Plc. on Wednesday signed a $100 million USD loan facility with Germany’s DEG, the UK’s CDC Group, and the Netherlands FMO in its continued commitment to walk with MSMEs to survive the pandemic, recover, repurpose and thrive during and after the COVID-19 crisis. In response to the COVID-19 crisis, Equity launched an offensive and defensive approach to support customers while innovating alongside MSMEs who are leveraging on the opportunities that have presented within th...