Norfund is the Norwegian Investment Fund for Developing Countries, focusing on sustainable investments.
Wave raises $137 million to expand mobile money services across Africa
Wave raised $137 million in a debt round led by Rand Merchant Bank to boost working capital. The funding will help expand Wave's mobile money operations across new and existing markets.
Wave raises $137 million in debt to expand mobile money services across Africa
Wave raised a $137 million debt round to enhance working capital and expand operations. The funding will help scale mobile money operations and broaden financial access.
Swedfund Invests $15 Million in AGIF II to Support African SMEs and Job Creation
Swedfund invests $15 million in TLG Capital’s AGIF II to support African SMEs. AGIF II focuses on SMEs experiencing financial stress, providing flexible debt solutions.
Swedfund backs TLG fund with $15 million to strengthen SMEs
Swedfund invests $15 million in TLG Africa Growth Impact Fund II to support SMEs in Africa. The SME finance gap in sub-Saharan Africa is estimated at $331 billion.
OmniRetail raises $20M Series A to scale Africa’s informal retail infrastructure
OmniRetail secured $20 million in Series A funding to expand across Nigeria, Ghana, and Côte d’Ivoire. The funding round was co-led by Norfund and Timon Capital, with participation from several other investors.
