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Press Release: IFC Invests in Equator Africa Fund I to Support African Climate Sector Tech Businesses
Equator Africa is backing early-stage, tech-enabled companies in sub-Saharan Africa, including those working on green solutions in the energy, agriculture, and mobility sectors.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Press Release: Innovative Off-Grid Solar Appliances Can Help Bridge the Energy Access Gap for Millions Worldwide
The latest research from Efficiency for Access finds a significant need and business opportunity to scale up the market for off-grid solar appliances like fans, refrigerators, water pumps, and grain mills. Doing so would bring life-changing energy access to millions worldwide.
- Categories
- Energy, Technology
- Region
- Global
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An Under-Recognized Obstacle to Solar Access in Africa: The Impact of Foreign Exchange Risk — And How to Mitigate It
Solar energy businesses are rapidly gaining traction in Africa, driving economic growth, improving living standards and supporting the transition to a low-carbon future. But Yariv Cohen at Ignite Power highlights an under-recognized barrier facing the sector: foreign exchange risks. He explores the impacts that volatile exchange rates can have on two common types of solar projects in Africa, and shares some of the strategies that have emerged to mitigate these risks.
- Categories
- Energy, Environment, Investing, Technology
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IFC Invests $7 Million Into Philippine Technology Firm First Circle
First Circle’s innovative credit systems provide SMEs with higher credit limits, flexible repayment options, and the lowest unsecured pricing in the market.
- Categories
- Finance, Technology
- Region
- South Asia
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EcoSecurities and Kenya Private Sector Association Announce Strategic Partnership to Boost Catalytic Carbon and Climate Finance
The strategic partnership will scale carbon finance for sustainable development whilst rapidly expanding decarbonisation efforts across Kenya.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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KaiOS, Mastercard Partner to Enable Digital Payments for SMEs
The companies said in a joint statement that KaiOS's affordable smart feature phones will leverage Mastercard's payment technology and global network to drive acceptance and support the growth of the digital economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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India’s Physics Wallah Raises $210 Million at $2.8 Billion Valuation Even as EdTech Funding Remains Scarce
One of Physics Wallah’s key strengths is the affordability of its courses, with prices starting as low as $50 for an entire year.
- Categories
- Education, Technology
- Region
- Asia Pacific
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Amid Business Restructuring, YC-Backed Vendease Slashes Workforce by 20%
Nigerian startup, Vendease will lay off 20% of its employees as it sets sights on sustainability.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, employment, startups
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