NextBillion - A WDI Publication

IFC Commits $25 Million to Acumen’s Fund for Expanding Energy Access in Africa

The grant encourages solar companies to lower interest rates for end-users by achieving specific key performance indicators (KPIs).

Source

Techpoint Africa (link opens in a new window)

Categories

Energy

Region

Sub-Saharan Africa

Tags

blended finance, energy access, infrastructure, off-grid energy, solar

Global Health Fund Says Health, Climate, Conflict ‘Triple Whammy’ Hits World’s Poorest

Climate change kills people by increasing malnutrition and causing disease, while conflicts can lead to more deaths from the collapse of healthcare systems than from bullets and bombs.

Source

Reuters (link opens in a new window)

Categories

Environment, Health Care

Region

Global

Tags

climate change, food security, nutrition, public health

£2.2 Million Awarded to Groundbreaking Initiatives as PREO Advances Commitment to Productive Use of Renewable Energy Solutions Across sub-Saharan Africa

The programme is backed by the IKEA Foundation and UK aid via the Transforming Energy Access (TEA) platform, in partnership with the Carbon Trust and Mercy Corps’ Energy 4 Impact.

Source

PREO (link opens in a new window)

Region

Sub-Saharan Africa

Tags

energy access, off-grid energy, Productive Use of Energy, renewable energy

Yellow Card Secures $33 Million to Enhance Stablecoin Services in Africa

The company’s emphasis on stablecoins sets it apart in Africa’s changing digital payments scene since it provides companies with scalable solutions in a continent where financial infrastructure has traditionally been a difficulty.

Source

Crypto News Flash (link opens in a new window)

Categories

Finance, Technology

Region

Sub-Saharan Africa

Tags

blockchain, digital payments, financial inclusion, fintech

Press Release: Power Africa Awards Grants to Increase Access to Solar-Powered Productive-Use Technologies in East Africa

Through its Empower East and Central Africa program, Power Africa is awarding grants to Simusolar and SureChill to distribute solar-powered irrigation and refrigeration solutions to underserved regions in Kenya, Tanzania, and Uganda to boost productive use of energy.

Source

USAID (link opens in a new window)

Categories

Energy, Technology

Region

Sub-Saharan Africa

Tags

distribution, energy access, off-grid energy, Productive Use of Energy, renewable energy, solar

Analysis: The Forgotten Strength of Smallholder Farmers: Lessons From Kumasi to The Cocoa Industry

A controlled system has been imposed on Ghana's smallholder farmers, limiting their ability to benefit fully from their hard work.

Source

Business & Financial Times (link opens in a new window)

Categories

Agriculture

Region

Sub-Saharan Africa

Tags

MSMEs, scale, smallholder farmers

Afreximbank Announces Aim to Double Creative Africa Nexus Funding to $2 Billion to Boost Africa’s Creative Economy

The new funding will primarily focus on infrastructure development, which remains a key challenge in the creative sectors.

Source

Afreximbank (link opens in a new window)

Region

Sub-Saharan Africa

Tags

creative economy, infrastructure, MSMEs

Press Release: Resolution Project and Enactus Global Combine to Create a Global Leader in Youth Social Entrepreneurship

The combined offerings of Resolution and Enactus Global create a comprehensive suite of services designed to support undergraduates in everything from initial social enterprise concepts to scaling and investment.

Source

Resolution Project (link opens in a new window)

Categories

Social Enterprise

Region

Global

Tags

innovation, nonprofits, scale, skill development, youth