AfricInvest Private Credit (APC) closes $4 million working capital facility using Orbitt platform
Small and medium-sized enterprises (SMEs) represent an essential component of the sub-Saharan Africa (SSA) economy and represent nearly 90% of all businesses in the region, according to the International Finance Corporation. The SME space is at the heart of AfricInvest’s strategy, says Samia Tnani, head of credit origination at AfricInvest Private Credit (APC), the debt […]
Barak Fund closes $3 million impact trade loan using Orbitt platform
Established in 2008, Barak Fund Management has built up an impressive track record. By acquiring and managing structured commodity-backed transactions across more than 30 African countries, the fund has grown to over $1bn of assets under management. But despite a strong investment team and on-ground presence, Barak was constantly looking for more opportunities. Kyle Smith, […]
Orbitt services matching: advisor for Ethiopian agri-processing company
Since 2012, African Bamboo has built a vertically integrated supply chain from 10,000ha of natural bamboo forest in Ethiopia. The company has also secured a production facility consisting of 16,500 m2 factory space for the manufacture and export of bamboo-based composite boards. Finding the right advisor African Bamboo was seeking a corporate finance advisory […]
Global trade finance fund originates first Africa transaction at $11m
Stenn is a trade finance fund that has built a global presence and strong track-record executing complex cross-border transactions. Stenn purchases accounts receivable and funds purchase orders, freeing up working capital for buyers and suppliers engaged in international trade. Despite 18 offices and an offering that supports the entire supply chain, Stenn was yet to […]
