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Denham power fund targets 1GW with African platform

The private equity firm has teamed up with energy developer Themis to invest in natural gas-fired and renewable power generation assets across the continent.

South African renewables fund eyes 600MW after first deployment

Evolution II’s maiden deal comes ahead of an expected $250m final close September this year.

Danish pension-backed $1bn Africa fund set for maiden deal

The AP Moller Capital vehicle has teamed up with UK DFI CDC to place an offer worth $380m for Zambian utility Copperbelt Energy.

AIIM’s third fund buys into $552m Ghana power project

The Old Mutual affiliate joins project partners including Denham Capital and the ARM-Harith Infrastructure Fund.

IL&FS, Islamic Development Bank target Africa with $1bn infra fund

The pair are aiming to catalyse private sector investment following Shariah-compliant principles with the first-of-its-kind vehicle.

Islamic finance falling short in PPP space

At a conference held by the World Bank Group Thursday, officials discussed the challenge of tapping the $2trn market for Shariah-compliant finance to boost infra.

Abraaj enters telecoms space with Tunisia buy

The firm has acquired a 35% stake in Tunisie Telecom, its 10th deal in the country and its first in the sector.

New Sparta launches $250m African renewables fund

The firm’s strategy is aiming to provide an IRR of between 16% and 20% from investments in up to 15 projects.

CDC Group backs Egyptian solar with $97m investment

CDC was part of a nine-member IFC-led consortium lending $653 million for the 800MW Nubian Suns project.

Green Climate Fund invests $65.8m in Egyptian solar

The UN-backed vehicle has partnered EBRD to finance two plants with a combined 80MW capacity in the Benban park.

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