The International Finance Corporation has proposed a $40 million investment in the Camco Renewable Energy Performance Platform 2 (REPP 2), a private debt fund that finances renewable energy projects across sub-Saharan Africa, according to TechMoran. The investment would be made through the fund's senior debt tranche and remains subject to approval, with the IFC's Board scheduled to consider the proposal. The funding aims to expand clean energy financing in the region.

A panel session titled "Africa's Moment to Deliver Digital Infrastructure at Scale" focused on the cost of building digital infrastructure on the continent, which currently stands at around $12 million per megawatt, according to CIO Africa. Infrastructure builders at the event argued that this figure needs to be cut in half to enable Africa to deliver digital infrastructure at scale. The discussion highlighted the financial challenges facing the continent's data centre and connectivity expansion ambitions.

African digital infrastructure company WIOCC Group has secured a combined $300 million investment, according to CIO Africa. The provided excerpt names the Africa Finance Corporation as one participating investor but cuts off before identifying any additional backers, the structure of the financing, intended use of proceeds, or closing conditions, so those elements remain unspecified beyond the headline amount.

GenAfrica Asset Managers is celebrating its 30-year anniversary while focusing on expanding its operations in Africa. The firm aims to leverage emerging investment opportunities driven by innovation to enhance its portfolio. Currently, GenAfrica manages assets for over 110 clients across the region and is looking to strengthen its market position, managing assets exceeding a significant amount.

President Bola Tinubu stated that Nigeria is establishing a foundation for prosperity through critical infrastructure projects. He expressed concern over past accidents on the recently repaired Kuje-Gwagwalada road, highlighting the importance of such infrastructure in enhancing safety and development.

The Tanzania Infectious Diseases Institute (TIDI) has expanded its capacity to diagnose and manage infectious diseases after a government investment of more than 20bn/- in infrastructure and a modern laboratory, according to the Daily News. Acting Director Dr Leonard Subi said the funding covered new infrastructure and laboratory equipment at the former Kibong'oto Infectious Diseases Hospital in Kilimanjaro region.