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France’s Macron Unveils a $27 Billion Investment in Africa at a Partnership Summit in Kenya
New partnerships between the African nations and France “must not be built on dependency but on sovereign equality, not on aid or charity but on mutually beneficial investment, and not on extraction or exploitation but on win-win engagements,” Ruto said.
- Categories
- Agriculture, Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: African Development Bank Approves €93.9 Million to Expand Last-Mile Power Connections Under UREAP Phases I & II in Uganda
The funding will close a critical gap for the compensation of project-affected persons and completion of outstanding works, ensuring the project delivers its full development impact.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Africa’s Energy Future Needs More Than ‘Trickle-Down Electronomics’: Why the Debate Around False Trade-Offs Risks Leaving Millions Behind
Africa’s energy access debate is increasingly focused on the question of whether to prioritize household access or industrial and productive uses that can drive economic growth. But as Ryan Kilpatrick and Patrick K. Tonui at GOGLA argue, the deeper challenge is about understanding how electricity demand, income generation and productivity evolve in practice — and determining how best to balance the technologies, delivery models, financing structures and timelines involved in widespread electrification. They discuss these overlapping factors, and push back against the concept of “trickle-down electronomics” — i.e., the assumption that prioritizing industry will enable governments to expand grids to unserved areas and allow households to afford electricity over time.
- Categories
- Energy
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Global Scramble for Battery Metals Intensifies as U.S., Chinese Firms Target Zambia’s $10 Billion Critical Minerals Market
Rising global demand for battery metals is reshaping investment flows into Africa, with U.S. and Chinese mining firms rapidly expanding their presence in Zambia.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, mining, renewable energy
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Efishery Founder Sentenced to 9 Years in Prison
An Indonesian court has sentenced eFishery founder Gibran Huzaifah to nine years in prison over a fraud scandal that exposed inflated financial reporting and shook Southeast Asia’s startup investment market.
- Categories
- Agriculture, Energy, Investing
- Region
- South Asia
- Tags
- agtech, regulations, startups, venture capital
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Africa’s Firms are Not Growing—New Data Reveal a Jobs Challenge
Across 48 Sub-Saharan African economies, a firm that has operated for nearly three decades employs barely twice the workers it had at birth. The gap relative to high-income economies is large, structural, and costly.
- Categories
- Agriculture, Energy, Finance, Health Care, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Sub-Saharan Africa
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IFC and Santander Brazil Are Partnering to Catalyze the Eco Invest Program, Expanding Sustainable Financing in Brazil
Through this support for the Eco Invest initiative, IFC will help expand Santander’s ability to offer more affordable financing to sustainable projects eligible under the program’s criteria, in sectors such as renewable energy, energy efficiency, sustainable construction, clean transportation, and agribusiness resilience.
- Region
- Latin America
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SolarAid CEO John Keane is Stepping Down
SolarAid today announced that its Chief Executive Officer, John Keane, has decided to step down from his role in June
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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