Tag Archive for 'development finance institution'

African Development Bank invests $100m to Agvance Africa PE fund of funds

The African Development Bank has approved an equity investment of US$100 million to Agvance Africa, which the bank claims is the first fund of funds focused on African agribusiness.

OPIC invests $285m in 6 impact investing funds

U.S. development finance institution, the Overseas Private Investment Corporation (OPIC), is to invest up to $285 million in financing to private equity funds. These in turn should raise more than $875m, representing the largest commitment by the U.S. Government to impact investing in emerging markets.