-
South African Startup Secures $1.8 Million to Transform Energy Market with AI
The round will accelerate product development and customer growth as the company scales to meet rising demand for flexible, decentralised energy infrastructure.
- Region
- Sub-Saharan Africa
-
Singapore VC Granite Asia Leads $60 Million Funding Round for AI ‘Data Foundry’ Centific to Fuel Global Expansion
Granite Asia was one of two foreign VCs, alongside Taiwan’s AppWorks, selected to take part in a new Malaysian initiative to invest in local startups and encourage global companies to redomicile in the Southeast Asian country.
- Categories
- Investing
- Region
- South Asia
-
Cape Town’s Open Access Energy Raises $1.8 Million to Scale AI-Driven Electricity Trading
Cape Town-based startup Open Access Energy (OAE) has secured $1.8 million (R32.3 million) in seed funding to expand its AI-powered platform for electricity trading.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
-
New World Bank Program to Improve Access to Quality Jobs for 1.6 Million Women in the Indian State of Tamil Nadu
Tamil Nadu is undergoing rapid urbanization with more jobs emerging in industries like electronics and automobiles.
- Categories
- Investing
- Region
- Asia Pacific
-
Private Sector Developers Sign Funding Agreement to Fast-Track Rural Electrification in Zambia
This round of funding will stimulate and incentivize end-use demand for energy supplied by 43 existing and new mini-grids across Zambia, bringing reliable and affordable energy to underserved areas.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
-
Mobilizing More Capital for African SME Funds: New Research Reveals Persistent Market Constraints — And a Growing Focus on Innovation
Over the past decade, African SME fund managers have experienced remarkable growth, diversifying geographically, across asset classes and in fund structures. However, according to Marianne Vidal-Marin at Investisseurs & Partenaires (I&P) and Julia Kho at Triple Jump, SME investing remains challenging across the continent. They share insights from a new I&P report exploring the current SME fund investment landscape in Africa — the first in a series of NextBillion articles on what makes SME finance work across emerging markets, and in Africa in particular.
- Categories
- Investing
-
MCFA to Support KOKO Networks to Scale up Its Bioethanol Solution for Clean Cooking Across Kenya
The first project from MCFA’s second funding round has been signed with KOKO Networks, a Kenyan provider of clean cooking solutions based on the use of sustainable bioethanol.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
-
Sierra Club Foundation Announces Break from BlackRock/Aperio In Favor of More Financially Responsible Asset Managers
The decision to switch asset managers follows refusal by BlackRock to address the systemic financial implications of the climate crisis in its investment and stewardship decisions.
- Categories
- Environment, Investing
- Region
- Global