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B2B Industrial Solutions Provider Magma Raises $5 Million Series A Led by Capria Ventures
Magma enables factories to access high-quality customized raw materials, power their operations with green energy and biomaterial solutions, and manage waste responsibly by converting them into recyclable inputs.
- Region
- Asia Pacific
- Tags
- manufacturing, MSMEs, recycling, renewable energy, waste
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Nigeria’s Arnergy Raises $18 Million to Scale Solar Lease Plans as Fuel and Grid Costs Soar
The capital injection will be deployed to support Arnergy’s ambitions to install more than 12,000 additional solar energy systems by 2029.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Global Off-Grid Solar Investment Falls 30% Year-On-Year to US $300 Million
This project is a US$750 million investment from the World Bank to improve Nigeria’s energy gap, with US$300 million earmarked for off-grid solar in particular.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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$40 Billion Africa Energy Fund to Boost Clean Cooking Access and Energy Transition
The fund focuses not only on expanding electrification but also on addressing the urgent need for clean cooking solutions.
- Region
- Sub-Saharan Africa
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Driving the Solar Revolution in Africa Together: EWIA Green Investments Acquires SunErgy
“Investments in solar and infrastructure drive growth and prosperity in Africa while countering the climate crisis," said Ralph Schneider, Managing Director of EWIA.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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EU Parliament Votes to ‘Stop the Clock’ on Sustainability Reporting
The delay will give the next wave of Corporate Sustainability Reporting Directive companies and the first set of Corporate Sustainability Due Diligence Directive companies until 2028 to comply with the laws.
- Categories
- Energy, Environment, Technology
- Region
- Europe & Eurasia
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Power Plays: China’s Changing Energy Financing in Africa
Loans to Africa have been driven by China’s policy banks in support for coal and hydropower, but a more diverse cast of creditors could steer support towards greener ventures.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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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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