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Equator Raises $55 Million to Support African Climate Tech Startups
Despite Equator’s goal of reducing dependence on aid, its fund is still backed by several DFIs and philanthropic organizations.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Eurazeo Reaches €300 Million First Close With Its Planetary Boundaries Fund
The fund has already made its first investment, taking a majority stake in Bioline AgroSciences, which produces and markets macrobials, a range of microorganisms used in the control of insect pests in a variety of crops.
- Categories
- Agriculture, Energy, Environment
- Region
- Global
- Tags
- agtech, climate change, MSMEs
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UpEnergy Issues Africa’s First-Ever Electric Cooking Carbon Credits Under Gold Standard’s New Metered Methodology
UpEnergy is a social enterprise dedicated to channeling climate finance to fight energy poverty through decarbonization projects.
- Categories
- Environment, Social Enterprise
- Region
- Sub-Saharan Africa
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BII Announces $75 Million Facility With HBL to Enhance Food Security and Farmers’ Climate Resilience in Pakistan
Funding from the facility will be directed towards the agriculture sector, which contributes 24 per cent to Pakistan’s GDP and employs 37 per cent of its workforce, including being the largest employer of women.
- Categories
- Agriculture, Environment
- Region
- North Africa & Near East
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Report: The Threat of Climate Inaction on Corporate Profits
For unprepared businesses, individual physical risks of climate change alone could put 5% to 25% of their 2050 EBITDA at risk, depending on sector and geography.
- Categories
- Environment
- Region
- Global
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Revitalizing Off-Grid Solar: Why Africa’s PAYGo Sector is Ready for a New Dawn
Africa's off-grid solar sector, particularly pay-as-you-go (PAYGo) solar, has passed through a period of disillusionment among investors, as profitability has remained elusive. But as Chris Emmott at Acumen, Audrey Desiderato at Mirova and Bankole Cardoso at Delta40 Venture Studio argue, the sector nevertheless stands on the cusp of becoming a mature industry with real and sustainable impact. They explain why they remain optimistic about the future of PAYGo solar as impact investors, and why it's time for honest conversations and compromise from all stakeholders — including companies and their investors — about how the industry can move into the next stage of its development.
- Categories
- Energy, Environment, Finance, Investing, Technology
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BII Provides $100 Million Towards Green Investments and Financial Inclusion in Africa
The funding aims to drive sustainable growth by facilitating lending to climate-related projects and women-led enterprises, expanding financial inclusion, and helping to close the region’s $42bn gender financing gap.
- Categories
- Energy, Environment, Finance, Transportation
- Region
- Sub-Saharan Africa
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CIF Allocates $143 Million to Restore Forests and Boost Climate Resilience in Brazil, Kenya, and Zambezi Region
$143M CIF funding expected to unlock $1B in co-financing, driving private sector investment in nature-based solutions.
- Categories
- Environment
- Region
- Global
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