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UBS Optimus Foundation and Co-Funders Commit USD $29 Million to Chancen International’s Future of Work Fund, Scaling Student Financing in Rwanda, Kenya, and South Africa
To date, Chancen has funded over 9,000 students, and the Future of Work Fund will provide funding for a total of 15,000 young people – with the growing number of investors providing opportunities to help thousands more.
- Region
- Sub-Saharan Africa
-
Press Release: Inspired Evolution Backs CrossBoundary Energy’s Growth Through New Investment
The investment company has committed a US$40M to CrossBoundary Energy, supporting the construction of its portfolio.
- Region
- Sub-Saharan Africa
-
Ebola and Hantavirus Have Africa Talking ‘Health Sovereignty’ as Donor Support Fades
African leaders for years had pledged to better finance their own health systems, but commitments remained on paper.
- Categories
- Finance, Health Care
- Region
- Sub-Saharan Africa
-
Anthropic, Gates Foundation Launch $200 Million Partnership for AI in Health and Education
The news follows a $50 million pact that the Gates Foundation and OpenAI announced in January to support 1,000 African clinics and communities with AI by 2028.
- Categories
- Education, Health Care, Technology
- Region
- Global
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British International Investment Partners with Ecobank DRC to Expand Sustainable Financing for SMEs in the DRC
The facility will target sectors critical to the country’s economic development, job creation and more resilient supply chains in the real economy, including agriculture and agro‑processing, industrial, infrastructure, climate‑aligned projects and renewable energy, as well as local entrepreneurship.
- Region
- Sub-Saharan Africa
-
Viewpoint: As AI Reshapes Development Research, Investing in Data Must Be a Key Priority
"One day, AI may become Newton. But it can never pull data from thin air. The question is not whether AI will shape development research—it will and already is. The question is whether we invest now in the foundations that give it something to work with."
- Categories
- Technology
- Region
- Global
-
Ecobank, Proparco Partner to Mobilise €300 Million for Agriculture, Women-Led Businesses in Africa
Under the arrangement, Proparco Groupe AFD will provide financial instruments, including partial portfolio guarantees, co-financing, and trade finance support, to help Ecobank Group increase lending to agricultural small and medium-sized enterprises across 33 African countries.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
-
Mastercard and Yellow Card Partner to Unlock Stablecoin Payment Innovation Across EEMEA
The two companies will explore innovative real-world use cases for stablecoin-enabled payments including strengthening digital asset payment security with Mastercard Crypto Credential.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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