CVC Capital Partners Backs Acronis
CVC Capital Partners VII and other investors have provided $250 million in funding to
Acronis, a cyber protection provider. Acronis will use the funds to accelerate growth by expanding its portfolio of natively integrated cyber protection products. A significant portion of the investment will also be used to expanding Acronis’ partner network, notably managed service providers.
“Acronis’ talented management and R&D teams have invested significant resources developing an innovative cloud-native ‘MSP in a box’ solution, with integrated backup, disaster recovery, cybersecurity, remote management, and workflow tools,” said
Leif Lindbäck, senior managing director of CVC Capital Partners. “Acronis provides mission-critical solutions to more than 10,000 MSPs and half a million small and medium businesses. CVC has a strong track record in cybersecurity and partnering up with successful entrepreneurs, and we are looking forward to team
The Rockefeller Foundation
Updates 05.04.21
London, United Kingdom, May 4
th, 2021 – Acre Impact Capital, an impact-focused investment manager, announced today the closing of a catalytic capital investment from The Rockefeller Foundation and the Private Infrastructure Development Group (PIDG), through its company GuarantCo. The investment will accelerate Acre Impact Capital’s strategic growth plans and support the launch of a number of private debt impact funds focused on the export finance market.
Acre Impact Capital invests in growth-stage, climate-aligned infrastructure in emerging markets by partnering with leading commercial lenders and export credit agencies (ECAs). The firm provides underserved communities in Africa access to essential services, through its investments in infrastructure sectors such as healthcare, education, social housing, transport, renewable power, agriculture, water and sanitation, waste management, climate adaptation, and technology/digital in
Although the level of food security fluctuates both geographically and from year to year, the overall trend had been one of improvement over several decades. However, new conflicts and climate change have seen the situation deteriorate over large parts of the continent in recent years and now the Covid pandemic has reversed some of the hard-won gains. Report by
Neil Ford.
Many African governments closed borders for months at a time to prevent the spread of Covid, while others prevented foreign truck drivers from crossing their borders. By interrupting road transport, lockdown measures have prevented food from being transported for regional distribution or international export, or even being moved more locally to ensure adequate access to food. Some international grain producers also introduced export restrictions in the face of Covid concerns.
Burkina Faso plays clean energy catch up
Published by: Sandy Bhadare at 12/04/2021 The Emerging Africa Infrastructure Fund, a public private partnership, has agreed to lend EUR 29 million.
The Emerging Africa Infrastructure Fund, a public private partnership, has agreed to lend EUR 29 million for the development of a 30-Megawatt solar plant in one of West Africa’s poorest countries.
Clifford Chance acted for the Emerging Africa Infrastructure Fund (EAIF) on granting the finance.
Burkina Faso, West Africa, is the site for the construction of the new solar project, which was announced on 15 March. Burkina Faso has a population of 20 million, with 40% living under the poverty line. The country also has a low rate of electrification, and relies on electricity imports from neighbouring countries.
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