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MyNextCar Lands $10 Million to Scale Bolt’s Budget Ride-Hailing Fleet in South Africa
Emso Asset Management, a London-based firm with growing interest in mobility ventures across Africa led the round.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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Acumen Invests $1 Million in Somalia’s KIMS to Grow Off-Grid Solar
"Sharia-compliant solar financing to boost energy access in Somalia."
- Region
- Sub-Saharan Africa
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WRI Study Reveals Ten-Fold Impact of Climate Adaptation and Resilience Investments
"The study found that every $1 invested in climate adaptation and resilience generates more than $10 in benefits over ten years."
- Categories
- Environment, Investing
- Region
- Global
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Mediterrania Capital Partners Fund Reaches Final Close
Mediterrania Capital Partners has announced the final close of its fourth fund at €600 million.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, venture capital
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Africa Must Not Be a Spectator in its Own Economic Development: The Need for Pension-Backed Private Capital
Ghana’s startup ecosystem — like that of many African countries — is growing rapidly. But Amma Gyampo at Ghana Venture Capital and Private Equity Association points out that this growth is almost entirely funded by foreign capital. She argues that recent cuts in global development budgets have proven that over-reliance on foreign funding is not sustainable, and explains how tapping pension funds as a source of venture capital can provide a massive infusion of local funding into the continent's highest-growth businesses.
- Categories
- Investing, Technology
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Africa Can Unlock $4 Trillion to Finance Vital Infrastructure: Report
"Some of Africa’s most crucial infrastructure needs are in the energy sector where 16 gigawatts need to be added annually by 2050. . ."
- Region
- Sub-Saharan Africa
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Viewpoint: The Collapse of Foreign Aid Is a Wake-up Call – And an Opportunity
Africa must now pivot from dependence toward sustainable, investment-based capital that fosters growth, accountability, and dignity.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Blue Earth Commits $30 Million to Agricultural Commodities Firm
Valency International operates large-scale commodity processing facilities across four countries in Africa and Asia.
- Categories
- Agriculture, Investing
- Region
- Global