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CDC group director

New local director for CDC Group office in South Africa

United Kingdom development finance institution and impact investor CDC Group has appointed Thithi Kuhlase-Maseko as its new South Africa Head of Office and Coverage Director.
power africa 2020 annual report

Creating a global energy alliance for people and planet

A Global Energy Alliance for People and Planet (GEAPP) will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions worldwide.
gas demand

Twin City power project ready to deliver reliable power to Ghana

Using 33 mscfd of local natural gas supply as its primary fuel, the 200MW dual-fuel combined cycle Twin City Energy generation facility will deliver baseload power to Ghana.
Green Outcomes Fund

Ascent announces first rolling close of ARVF II at more than $100 million

Ascent has announced the first rolling close of its Ascent Rift Valley Fund III (ARVF III) at more than $100 million.
private equity and venture capital

Climate change strategy to shape CDC Group’s investment decisions

CDC Group, unveiled its climate change strategy to achieving net zero emissions across its portfolio by 2050 in support of the Paris Agreement.
private equity and venture capital

CDC Group and Finnfund commit $70m to AfricInvest Fund IV

CDC Group and Finnfund have announced a $70 million commitment to AfricInvest Fund IV, a generalist pan-African fund aiming to foster the growth of African enterprises across the continent.

Uganda: consortium raises capital to refinance Bujagali

A consortium of development finance institutions and commercial lenders today announced completion of the refinancing of more than $400 million loans of Bujagali Energy Limited (BEL), aiming to help reduce electricity costs in Uganda. The...
solar PV projects

CDC and Globeleq invest $66 million to develop solar PV plant in Kenya

CDC, a UK government development finance institution, alongside its partner, Globeleq, announced a $66 million debt investment in Malindi Solar Group, to build a 52MWp solar photovoltaic power plant in South-East Kenya.  The 16-year financing...