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USD 26.5 Million to Bridge Energy Gaps in Sub-Saharan Africa
Oikocredit’s investment will support multiple solution providers with funds to procure, construct and maintain DRE generation and distribution assets in rural Africa.
- Region
- Global
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India-Led Alliance Set to Fund Solar Projects in Africa in a Boost to the Energy Transition
Global investment in solar energy surpassed $300 billion in 2022, but only 15% of that went to developing countries, according to an ISA report.
- Categories
- Energy, Investing, Technology
- Region
- Global
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AFEX Raises $26.5 Million to Address Food Security in Nigeria, Kenya, and Uganda
Supporting smallholder farmers to achieve a fair wage is vital to ensure they remain in operation, producing more and higher quality crops for local consumption.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Scaling Climate Finance for Smallholder Agriculture: Lessons Learned from Partnering with Farmer-Allied Businesses
Small-scale agriculture supports the livelihoods of more than 600 million families and generates over 40% of jobs in Asia and sub-Saharan Africa. Yet as Elizabeth Teague at Root Capital points out, agricultural livelihoods are highly vulnerable to climate change, and smallholder farmers receive just 1.7% of global climate financing. She discusses how Root Capital is working with farmer-allied enterprises to help close this gap, sharing what they’ve learned about how to design and scale climate financing for smallholder communities.
- Categories
- Agriculture, Environment, Investing
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Bluepeak Private Capital Closes $156 Million Fund to Support African Businesses
BluePeak Private Capital, a private capital firm, has closed its flagship fund at $156 million to support scalable businesses in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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South Africa’s WhereIsMyTransport Closes After Failing to Secure Investment
WhereIsMyTransport is the latest in a host of well-regarded and well-funded African startups to have closed down this year amid a fall in liquidity within the global venture capital market.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
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BURN Manufacturing Issues US$10 Million Green Bond To Support Clean Cooking
The proceeds from the bond will allow BURN to increase existing manufacturing capacity in Kenya as well as launching a new manufacturing facility in Lagos, Nigeria.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Republican-Led US States Appeal Ruling Allowing Biden ESG Investing Rule
The appeal goes to the New Orleans-based 5th U.S. Circuit Court of Appeals, which is considered one of the most conservative federal appeals courts.
- Categories
- Investing
- Region
- North America
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