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New Fund Sabou Capital to Invest up to $1.5 Million in 25 African SMEs
The fund expects a modest 2-3x return on investment—closer to the 3- 5x range typical of private equity—compared to the high-risk 10x expectations of venture capital.
- Categories
- Energy, Environment, Technology, Transportation
- Region
- Sub-Saharan Africa
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Flutterwave CEO Targets Profitability ‘This Year’
Flutterwave, which has secured investment from Visa and US firm Tiger Global, among others, has built its success on processing payments for clients such as Uber and Nigerian airline Air Peace.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Data Centres Will Use Twice as Much Energy by 2030 — Driven by AI
Data centres accounted for roughly 1.5% of global electricity consumption in 2024.
- Categories
- Energy, Technology
- Region
- Global
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New Report Highlights How the Energy and Agriculture Sectors Working Together Will Enhance Food Security Across Africa
The report Beyond Silos: Strengthening Nexus Collaboration to Power Food Systems with Off-Grid Solar addresses the intertwined nature of energy use, efficiency, sustainability, and productivity of food systems in Africa.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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Ex-network International Execs Raise $6.75 Million for Enza, an African Fintech Serving Banks
The fintech, which has raised $6 million in seed funding, is building infrastructure for banks and fintechs, offering a range of local payment solutions, from cards to wallets to real-time payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, infrastructure, MSMEs, scale, startups
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Kamoa Copper and Crossboundary Energy Sign Agreement for a Groundbreaking Baseload Renewable Energy System in the DRC
This solar project is the first of its kind in Africa and will include a 222 MWp solar PV system and a 123 MVA/526 MWh battery energy storage system (BESS).
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- mining, renewable energy, solar
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The Transformative Impact of Remote Work: How Online Jobs are Empowering Workers in Emerging Markets
The COVID-19 pandemic caused the largest shakeup in workforce culture since the emergence of the internet, with companies and workers embracing remote and hybrid approaches. According to Namya Sethi at Girl Power Talk, this shift continues to affect many professions years later, and these changes are having an especially pronounced effect in emerging economies. She explores how remote work is connecting global employers to local talent in emerging markets, and discusses the impacts this is having on workers, companies and business ecosystems.
- Categories
- Education, Technology
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Viewpoint: Indian Microfinance Sector Must Transform Before It’s Too Late
Borrowers are juggling multiple loans—sometimes 6 or more—from MFIs, SHGs, local moneylenders, and even app-based lenders. Field staff are exhausted. Community ties that once held JLGs together are fraying. And loan officers are under pressure, leading to shortcuts, fraud, and rising stress levels.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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