Credit - eriinfo

Aukera Closes €460 Million Structured Credit Facility Led by EIG to Support European Energy Infrastructure Portfolio

eriinfo.com5 days ago05 mins

Aukera, the pan-European battery storage and renewable energy platform backed by AtlasInvest, Reggeborgh and SFPIM (Belgium’s sovereign wealth fund), announced the closing of its €460 million structured credit facility, for which EIG, a leading institutional investor in the global energy and infrastructure sectors, served as the lead investor. With the financing in place, Aukera moves…

Africa

Africa: Ninety One Reaches Final Close of $404m Africa Credit Fund

eriinfo.com3 weeks ago05 mins

Ninety One has closed its third Africa Credit Opportunities Fund with $404 million, including leverage, as the investment manager expands private lending to companies and infrastructure projects across Africa and other emerging markets. Investors include development finance institutions, pension funds and family offices from Africa, Europe, the UK, the US and Canada. The fund, known…

Africa

Africa: Flawed Credit Ratings in Africa – Are Top 3 Western Agencies Driven By Data or Bias?

eriinfo.com2 months ago011 mins

The three major credit rating agencies – Moody’s, S&P Global and Fitch – have often differed among themselves when rating African institutions and countries. Their opinions don’t have to be aligned, but a huge gap in the ratings suggests inaccuracies in the analyses. Wrong ratings have consequences. They drive up the cost of capital. Lower…

Africa

Africa: Can an African Credit Rating Agency Overcome Investor Scepticism?

eriinfo.com2 months ago011 mins

Current credit ratings may disadvantage the continent, but wouldn’t an African agency amount to Africa ‘marking its own homework’? Can Africa itself correct the bias it says the Big Three credit rating agencies display in grading African sovereigns? The African Union (AU) and other voices on the continent believe this bias gives African countries unfairly…

Buy-now-pay-later reshapes SA credit landscape

eriinfo.com3 months ago05 mins

Rising e-commerce and digital adoption are accelerating buy-now-pay-later growth across South Africa. South Africa’s buy-now-pay-later (BNPL) market is rapidly expanding, driven by growing consumer demand for flexible payment options, rising e-commerce adoption and increasing financial pressure on households. This is according to new research by TransUnion South Africa, titled: “Access, visibility and consequence: Understanding the…

Africa

Africa: Empowering Staff, Securing Tomorrow – AU Credit Union Kicks Off Inaugural Financial Literacy Week

eriinfo.com4 months ago06 mins

The African Union Credit Union (AUCU), in collaboration with AUDA-NEPAD and the AU Staff Association, successfully held the Financial Literacy Week from 18-20 May 2026 under the theme “Planning Today for a Secure Tomorrow.” The three-day event, which took place at the Medium Conference Hall of the AU Commission, equipped staff across all AU organs…

Africa

Africa: Finance for Clean Energy Doesn’t Reach Projects in Africa – the Credit Rules Are Out of Date

eriinfo.com4 months ago012 mins

In African countries, there’s a gap between the financing available for renewable energy and the projects its meant to reach. Funds are not reaching the right places and even as more funding is announced for clean energy, many projects don’t get off the ground because the financial tools available don’t fit their needs. For example,…

Africa

Africa: Countries Suffer When Credit Rating Agencies Lack Data – How to Fix the Problem At Source

eriinfo.com5 months ago011 mins

Some developing country governments spend years making the reforms that international financial institutions want – only to find that their efforts are not rewarded. They may make budgets more transparent, publish their debt obligations, set up independent bodies to monitor government spending, and complete an International Monetary Fund programme, but still receive the same ratings…

Africa

Africa: Credit and Credibility – Rating Agency Errors Come With a Cost

eriinfo.com5 months ago010 mins

The rating agency S&P Global’s Africa Credit Rating Trends 2025 reviews the past year’s rating activities and analyses the continent’s prospects for 2026. It is an important document because it interprets underlying drivers of creditworthiness. It shapes how global investors and policymakers understand risk, opportunity and reform dynamics across the continent. But the document had…

Rimini Street Announces Debt Reduction and Amendment to its Credit Agreement

eriinfo.com5 months ago013 mins

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100,…