Private Credit
Citibank, the US banking division of Citigroup, and The U.S. International Development Finance Corporation (DFC) have collaborated to offer CRDB Bank Tanzania, the largest commercial bank in Tanzania, a significant financing package of $320 million. Why does this matter: This partnership is crucial as it addresses the challenge of
Insights
Private Credit
FCMB Asset Management, the asset management subsidiary of FCMB, plans to launch a $63 million private credit fund targeting mid-sized Nigerian companies. Why it's important: In Nigeria, many mid-sized growth companies have well-structured operational models and clear paths to profitability. However, these companies struggle to access funds for
Private Credit
Egypt-based Beltone Investment Holding (BIH), an affiliate of Beltone Holding, has launched a $100 million private credit platform to support Egyptian exporters. Why is this important: Few private credit offerings exist across Africa, and Beltone's platform provides a unique opportunity in the Egyptian financial markets. The private credit