CDC is providing $100 million each to South African bank ABSA and Egyptian bank CIB, and $75 million to Pan-African bank TDB.
When it comes to driving shared prosperity across a market, how capital is deployed is as important as what is funds.
Round up of impact investing deal and fund news for Feb. 4, 2020.
Featured: Catalyst seeks to demonstrate positive impact with initial Opportunity Zone investments
The acquisition is led by Evercare Health Fund, the $1 billion healthcare fund TPG Growth took over from Abraaj and manages via its multi-billion dollar, impact-focused Rise Funds.
“Our goal all along has been to set an example and be a national model for what the investment funds can look like,” says Catalyst’s Jeremy Keele.