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Press Release: Global Verification Body Verra Certifies d.light’s Clean Cookstove Projects in Sub-Saharan Africa
Initiative to distribute 600,000 clean cookstoves in Kenya, Nigeria and Uganda is verified by leading certifier as a trusted source of high-quality carbon credits.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Kenya Vehicle Manufacturers, Basigo Roll Out High-Volume Electric Bus Assembly Plant, Target 1000 Units by 2027
Basigo Kenya Managing Director Moses Nderitu said the new pilot plant will pave way for serial production moving from three units to 20 units per month by the end of the year.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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Vodacom Tanzania Acquires Smile for $27.4 Million to Support 4G and 5G Rollout Plans
The agreement grants Vodacom access to Smile's 800MHz and mid-band spectrum. Additionally, Vodacom will use Smile’s 4G LTE network.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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Press Release: Spark+ GP Announces Second and Third Closings of Spark+ Africa Fund With Current AUM of USD $64 Million
Spark+ is the first impact debt fund dedicated to growing the clean cooking sector across sub-Saharan Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Impact Manager Acre Raises $100 Million for African Climate Infrastructure
Typically, export credit agencies guarantee up to 85% of loans and require the rest to be raised privately, yet banks' willingness to fund the remainder has declined as such projects carry a higher capital charge and can be hard to reinsure.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Pula Raises $20 Million Series B to Provide Agricultural Insurance to Farmers in Africa, Asia and Latam
Global investment manager BlueOrchard led the round through its InsuResilience strategy, which aims to provide access to climate insurance to vulnerable people in emerging markets.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Tanzania Receives Electric SGR Trains From South Korea
The locomotives, acquired from Hyundai Rotem in South Korea, can carry up to 589 passengers and travel at average speeds of 160km per hour.
- Categories
- Environment, Technology, Transportation
- Region
- Sub-Saharan Africa
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Malaria Vaccine Rollout Shines Light on Value of Renewable Power
Millions to be vaccinated in huge public health effort against Malaria, which kills 608,000 a year.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa