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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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World Bank Loans Ethiopia $1.72 Billion for Power, Water Supply Expansion
The bank will allocate $523 million to expand the Horn of Africa nation’s electricity network and boost renewable energy generation, according to the ministry’s statement.
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, water
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Report: Africa’s Private Capital Deals Drop for First Time in 7 Years
The report by the African Private Capital Association (AVCA) shows that the volume of deals dropped by 28 percent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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EAIF Commits Additional $30 Million to Support Indorama’s Expansion in Nigeria
The investment enables the construction of a new plant, port terminal, handling stations, and storage facilities in Nigeria.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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From Proxy IDs to Autonomous Payments: Why the Future of Financial Services is Hyper-Efficiency
Despite the rise of digital banking and other technological advancements, financial services are still plagued by significant inefficiencies. Author and serial entrepreneur Arunjay Katakam explores the causes and consequences of these inefficiencies — including their impact on lower-income customers — and discusses some emerging innovations that are addressing them. He explains why the sector's growing efforts to streamline back-end processes, reduce transaction costs and enhance operational efficiency will be pivotal in shaping the future of financial services.
- Categories
- Finance, Technology
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E-Waste Recycling Rates Remain Dangerously Low as Demand for Electronic Devices Booms, UN Report Reveals
Less than a quarter of the record 62 billion kilograms of electronic waste (or e-waste) generated globally in 2022 was recycled, according to a new analysis.
- Categories
- WASH
- Region
- Global
- Tags
- infrastructure, recycling, research, waste
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The African Development Finance Fund Grants $46 Million to Finance Water and Sanitation in Borana, Ethiopia
According to the ADF, this funding will enable the construction and optimisation of water production and transport systems in the region.
- Categories
- Technology, WASH
- Region
- Sub-Saharan Africa
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Press Release: Global Infrastructure Partners Announces Total $2.1 Billion Final Closing of Its Inaugural Emerging Markets Fund
GIP Emerging Markets Fund I is a dedicated emerging markets-focused fund that extends GIP’s Flagship equity strategy to opportunities in 11 Target Countries in Asia and Latin America.
- Categories
- Investing
- Region
- Global