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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
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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
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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
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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
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US Wealthtech Waltz Preps Latin America Launch With New $25 Million Credit Line
The credit line has been provided by affiliates of Setpoint Capital, with Waltz now leveraging $50 million in combined equity and debt funding.
- Categories
- Investing
- Region
- Latin America
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BURN, Trade and Development Bank Group to Expand Access to Clean Cooking in Mozambique, DRC & Zambia
The agreement will support the rollout of BURN’s industry-leading ECOA biomass and IoT-enabled induction cookstoves.
- Region
- Sub-Saharan Africa
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Walmart Vriddhi Partners To Empower an Additional 100,000 MSMEs for Business Growth by 2028, Expanding Their Access to International Markets
"The program provides MSMEs with digital tools, personalized mentorship and market access to expand their reach both nationally and internationally, supporting sustainable business models and cross-border trade via Walmart Marketplace."
- Categories
- Investing
- Region
- Asia Pacific
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Global Development Deal Sealed Before Seville Meeting as US Quits
"Analysts are split over whether the Seville Commitment on development - forged without the US - represents progress or stagnation."
- Categories
- Investing
- Region
- Global
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