Debt and Mez

South Africa: Yoco secures $100m facility from Victory Park Capital

The facility will fund Yoco Capital, which offers automated working capital advances to merchants using Yoco’s payments platform.

Nov 10

TLG Capital provides credit facility to Nigeria’s Koolboks

Koolboks will use the working capital to fund inventory and grow its retail and appliance partnerships.

Nov 3

Nigeria: Tomato Jos secures $2.5m EDFI investment

EDFI Management Company has signed a $2.5 million convertible-note investment in Tomato Jos.

Nov 1

South Africa: Edge Growth backs mining supplier uNotho

Edge Growth’s Ignite Fund has provided growth debt financing to uNotho Holdings.

Oct 31

Camco fund backs Senegal’s Afreenergy Solar

The facility will be used to refinance an operating portfolio of rooftop solar assets and to fund the construction of new solar PV and battery storage…

Oct 22

Cygnum Capital’s ALCB Fund backs Swami Agri’s $52.2m green bond

Proceeds will fund solar panels and cold-storage units for one of Senegal’s largest agricultural producers.

Oct 16

South Africa: Kholo Capital provides mezzanine debt to DCC

DCC distributes technology products from manufacturers including HP, Dell and Lenovo across Southern Africa.

Oct 13

Camco backs Prado Power solar mini-grids in Nigeria

The financing will support five solar mini-grids with battery storage in Nigeria’s Benue and Nasarawa states.

Oct 1

Africa Go Green Fund provides $18m debt facility for Rwanda cold storage

The financing will support construction and working capital for Cold Solutions Rwanda’s facility in the Kigali Prime Economic Zone.

Sep 30

SunCulture closes $10m solar irrigation securitisation

The transaction will allow SunCulture to recycle capital tied up in customer receivables and expand solar irrigation financing.

Sep 24

Africa Go Green Fund commits additional $18m to Spiro

Spiro has deployed more than 135,000 electric motorcycles across Africa.

Sep 21

Cygnum’s African Local Currency Bond Fund announces UsPlus investment

UsPlus provides working-capital finance to small and medium-sized businesses in South Africa.

Sep 18

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