Cygnum Capital

In a significant move to support agricultural financing in Côte d’Ivoire, The Africa Agriculture and Trade Investment Fund (AATIF) has partnered with NSIA Banque Cote d'Ivoire to enable NSIA to expand its operations within the agricultural sector. AATIF’s investment has not only fuelled financial growth but also promoted a cultural shift towards sustainability at NSIA. Moreover, through its clients, the bank indirectly supported a vast number of workers and farmers, including cooperatives aggregating thousands of member producers. Cygnum Capital acts as Investment Adviser to the AATIF.

The ALCB Fund has concluded a TZS 27.2 billion (USD 10 million) investment in a senior unsecured bond issued by NBC Tanzania. The proceeds of the bond will facilitate loans to #MSMEs in #Tanzania and enable NBC to further expand its financial services to businesses and individuals throughout the country. The Fund’s investment in NBC continues its track record of supporting African financial institutions through the development of local currency bond markets, helping to promote long-term financial resilience in African economies. The investment was hedged in collaboration with TCX, through its EU Market Creation Pricing Facility. Read more here: https://lnkd.in/eCpSwZKr

Cygnum Capital, through the FEI Off-Grid Energy Access Fund Technical Assistance Facility, is proud to collaborate with Triplejump via the Energy Entrepreneurs Growth Fund (EEGF) Technical Assistance Facility to support the UNSW and SolarAid in producing the report, "State of Repair in the Off-grid Solar Sector." This initiative is a vital step in advancing sustainable solutions for solar repair in the off-grid energy space. Alix Graham, John Keane, Kevin Wafula, Morris Maina, Kia Muukkonen, Jamie McCloskey #OffGridEnergy #SolarRepair #Sustainability #sustainabledevelopment

One of our team members, Fola Pedro, FCCA was invited by Invest Salone to join a panel discussion at the #SierraLeone Investment Summit at AFSIC - Investing in Africa to discuss the ALCB Fund’s investment in the LAPO Sierra Leone bond. The session offered valuable insights into investing in Sierra Leone and how partnerships with local actors, international investors and development partners are driving and supporting economic growth in Sierra Leone. It was a fantastic opportunity to reflect on the lessons learned and the impact these investments can have on underserved communities. #afsic #africanbusiness #developmentfinance #inclusivegrowth #sustainabledevelopment #africaninvestment #capitalmarkets

The Facility for Energy Inclusion signed agreements to provide USD 10 million senior debt to Cicada Solar, a leading provider of solar and solar hybrid solutions in #Zimbabwe. Demonstrating the Fund’s capability to invest in those frontier markets with limited access to long-term infrastructure financing, this transaction will enable the company to continue to grow its business providing renewable energy solutions and vendor financing for credible businesses. FEI was advised by Burges Salmon LLP, AFRY and IBIS Consulting.    #SDG7 #renewableenergy #cicadasolar #cygnumcapital #africanenergy #zimbabwe #sustainabledevelopment #africanbusiness #sustainablefuture   Read more here: https://lnkd.in/eBGdaset

Cygnum Capital is pleased to support the Ministério das Finanças de Angola during the upcoming group investor meeting at the 2024 Annual Meetings of the International Monetary Fund and The World Bank in Washington D.C. The Angolan Delegation’s group investor meeting on 24 October 2024 will tackle the latest developments on the Angolan economy and the Republic’s socioeconomic agenda. Hear the latest views on growth and inflation outlook from the Angolan Delegation. Officials will also share the government’s spending priorities, fiscal and infrastructure programs, as well as provide an update on the latest reforms. The Republic’s Delegation will be accompanied by their international financial advisor, Cygnum Capital. To register for this event please contact Citi or Deutsche Bank Syndicate teams at: amanda.oyewole@citi.com viet.le@db.com / esrom.teklehaymanot@db.com

The AfricaGoGreen Fund, managed by Cygnum Capital, has agreed to invest USD 5 million to finance the distribution of cookstoves across 10 African countries by BioLite. The investment will result in the distribution of cookstoves to around 120,000 households in #Rwanda, #Uganda, #Malawi, #IvoryCoast, #Senegal, #Madagascar, #Nigeria, #DRC, #Zambia and #Mali, resulting in 1.6 million tonnes of avoided emissions and improving indoor air quality over the life of the project. BioLite has been a pioneer in developing #carboncredits from the use of their 'next generation' improved #biomass stoves for nearly a decade, and uses revenues from the sale of credits to make their products more affordable and available to lower income households across sub-Saharan Africa. AfricaGoGreen Fund is designed to support activities that mitigate GHG emissions in Africa, providing debt financing to businesses and projects across the industrial energy efficiency, green building, clean transport and green appliance sectors. Great timing for a new climate transaction with the start of #ClimateWeekNYC #ivorycoast #sustainabledevelopment #inclusivegrowth #africanbusiness #sustainability #ghgreduction #sdgs #energyefficiency #greenindustry https://lnkd.in/eTfvSKXs

Africa E-Mobility Week Date two! 🎉 We've just concluded our second Plenary discussion moderated by Mark Hankins, GET.invest. The discussion focused on Scaling financial instruments for early to late-stage e-mobility businesses. On the panel we had; Amos Gachuiri, FSD Africa, Hawa Bonaya, Cygnum Capital, Jakob Hornbach, GOGO Electric, Moraa Nyamache,RentWorks Africa (Pty) Ltd., , Celeste Tchetgen Vogel eWAKA Mobility Limited #AEW2024 #EmobilityLeaders #AfricaEmobilityWeek #EmobilityAfrica

The ALCB Fund has invested ZAR 181 million (USD 10 million) in the senior and mezzanine notes of Urban Ubomi 2, a mortgage-backed securities (MBS) programme sponsored by the Trust for Urban Housing Finance’s (TUHF) Social Securitisation Programme. Through Urban Ubomi 2, TUHF will finance property entrepreneurs dedicated to revitalising inner-city buildings and addressing the growing demand for affordable rental properties across South Africa's inner-city and in-city areas. The initiative is a key part of supporting sustainable urban regeneration and fostering economic development through property entrepreneurship. The ALCB Fund is managed by Cygnum Capital. Read more here: https://lnkd.in/eGimFj5D #sustainabledevelopment #africanbusiness #urbanregeneration #affordablehousing #realestate #economicdevelopment #sdgs #southafrica #africanentrepeneurs

It was a great opportunity to talk openly about everything what’s happening in the market. We are planning to organize more of these events going forward. Paras Patel Wairimu (Neemo) Kibui Clemens Calice E3 Capital Cygnum Capital