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The Emerging African Infrastructure Fund Raises $294 Million for Sustainable Projects in Africa
The EAIF will invest in infrastructure projects focused on the energy transition, low-carbon economies, and energy-efficient smart cities.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Amidst Ongoing Global Crises, Gates Foundation Announces Largest Budget Ever: $8.6 Billion in 2024 to Save and Improve Lives
Increased funding includes support for health innovations that could save millions more lives by 2030.
- Categories
- Health Care, Investing
- Region
- Global
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BRD and KfW Sign €15.6 Million to Support Rwanda SMEs and Export Growth
The agreement aims to foster the growth of both emerging and export-oriented SMEs in Rwanda, with a specific focus on women-led enterprises.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Job Growth is More than Digital Job Growth: Why Both Online and Offline Enterprises Deserve Investor Support
The appeal of the tech-driven economy can be hard for investors to resist. But Liliosa Mbirimi at the Leila Janah Foundation argues that focusing exclusively on the digital realm can exclude many offline entrepreneurs that are making major contributions to job creation in emerging markets. She discusses the need for investors to support both digital and non-digital entrepreneurs, and shares learnings from the Foundation's efforts to provide this support in Kenya and Uganda.
- Categories
- Investing, Technology
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The World Bank Grants $420 Million to Strengthen Climate Resilience in Malawi
In response to the 19 major floods and eight prolonged droughts experienced by Malawi since 1970, the World Bank is providing a financial response focused on economic and climate resilience.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Nominations Open for the 5th Gulbenkian Prize for Humanity (€1 Million)
The 1 million euro Gulbenkian Prize for Humanity recognises outstanding contributions to climate action and climate solutions that inspire hope.
- Categories
- Environment, Investing
- Region
- Global
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£8 Million Awarded to LEIA to Boost Energy Access in Global South
It is estimated this additional funding will result in a reduction of approx. 500,000 tonnes of CO2 emissions.
- Region
- Sub-Saharan Africa
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Seedstars Africa Ventures Gets $30 Million Backing from EIB Global to Invest in Early-Stage Startups
Seedstars Africa Ventures said that while the fund is sector-agnostic, it is keen on startups that address basic needs such as education, healthcare and utilities, or enhancing goods, services and efficiency.
- Categories
- Investing
- Region
- Sub-Saharan Africa