-
African EV Platform Spiro Raises Another $55 Million
African electric mobility firm Spiro has raised another US$55 million from Chinese early-stage investor NewTrails Capital, three weeks after raising $215 million.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
-
D.light Takes PAYGo Solar From Impact Funds to the London Stock Exchange
The listing brings d.light’s cumulative PAYGo receivables purchasing capacity to $1 billion — a milestone that few in the off-grid energy sector thought achievable when the company pioneered the first-ever PAYGo securitisation back in 2020.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
-
IFC Backs CrossBoundary Access with US $10 Million Equity Investment
This investment supports the continued construction and expansion of CrossBoundary Access’s portfolio of distributed renewable energy assets, including mini-grids, battery-as-a-service (BaaS), and adjacent technologies in Sub-Saharan Africa.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
-
Zafiri Announces USD $176 Million Commercial Launch to Accelerate Energy Access via the Private Sector Cross sub-Saharan Africa
Zafiri will deploy patient equity into distributed renewable energy (DRE) companies and projects across Sub-Saharan Africa, including mini-grids, solar home systems, productive-use energy solutions, and clean cooking enterprises. At least 50% of the platform’s capital is expected to support mini-grids, solar home systems, and clean cooking.
- Region
- Sub-Saharan Africa
-
Report: Africa’s Green Transition to Create Up to 84 Million Jobs by 2050 but It Risks Embedding Inequality Without Urgent Action
Africa’s green transition could generate up to 84.5 million jobs by 2050 but without concerted policy action the benefits risk entrenching inequality rather than reducing it.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
UK Announces Extension of the Ayrton Fund and Transforming Energy Access Platform
The Ayrton Fund builds on innovative UK-international partnerships in more than 100 countries, which have already improved the lives of 46 million people across Africa, Asia and the Indo-Pacific, mobilised £3 billion in investment, and enabled more than a quarter of a million green jobs in the UK and abroad.
- Categories
- Energy, Environment
- Region
- Global
-
Shell Foundation, the FCDO and Kinetic Green Announce Partnership to Pilot Electric Two and Three Wheelers for African Markets
The partnership is supported by catalytic capital provided by Shell Foundation and the FCDO through its RIDE programme and the Transforming Energy Access (TEA) platform. This
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
-
New Report Highlights USD 4 Billion EV Charging Investment Opportunity Across Emerging Economies
Joint analysis by C40 Cities and the International Finance Corporation (IFC) outlines practical pathways for emerging-market cities to scale charging infrastructure and accelerate electric mobility adoption.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.