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    Africa

    Rwanda and Uganda are the first East African countries to become members of Africa Finance Corporation (AFC), a leading development finance institution for infrastructure projects in Africa.

    Kenya's participation in a mega regional capital markets infrastructure project hangs in the balance as the East African Community Secretariat hesitates to rule on a flawed procurement process.

    Bamboo Finance, a private equity firm specializing in investing in business models that benefit low-income communities in developing economies and Louis Dreyfus Holding, which owns a controlling stake in leading global agribusiness Louis Dreyfus Commodities, announced on 28 October, 2015 a partnership to launch and jointly manage NISABA, a US$50 million impact investment fund project with a focus on small- and medium-sized agribusiness enterprises (SMEs) in Sub-Saharan Africa. As project sponsor, Louis Dreyfus Holding will invest US$10 million to seed NISABA.

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