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COP30: Canada Backs IFAD Investment in Efforts to Boost Funding for Climate Adaptation
The contribution to IFAD was announced at the 30th United Nations Climate Change Conference (COP30), in Belem, Brazil, by the Honourable Julie Dabrusin, Canada’s Minister of Environment and Climate Change.
- Categories
- Agriculture, Environment, Finance
- Region
- Sub-Saharan Africa
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Kenyan E-Mobility Startup Enzi Mobility Secures USD 3.5 Million Investment to Drive Clean Transport Solutions
As part of the agreement, Kula PCC will invest USD 2 million in equity, with an additional USD 1.5 million allocated to blockchain technology support.
- Categories
- Environment, Technology, Transportation
- Region
- Sub-Saharan Africa
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South Africa’s Mulilo Secures $75 Million from Norfund
The company has been expanding its project pipeline following an earlier investment by Copenhagen Infrastructure Partners.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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2 New Malaria Treatments Show Promise as Drug Resistance Grows
A study of its experimental drug in 12 African countries found it works well against the mosquito-borne parasite that causes malaria and seems to block spread.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Discovery Bank Becomes First Major South African Bank to Offer Crypto Trading
Discovery Bank has partnered with crypto exchange Luno to integrate crypto asset trading directly into the bank’s mobile application.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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CrossBoundary Energy Secures Additional US $200 Million Senior Debt With Multiple New Lenders to Further Renewable Energy Portfolio Expansion Across Africa
"The transaction will further the construction of CrossBoundary Energy’s renewable energy infrastructure in Africa, providing energy-as-a-service to customers in mining, heavy industry, and telecommunications."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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African Development Bank Grants $100 Million Loan to Emerging Africa and Asia Infrastructure Fund
EAAIF aims to invest more than $850 million in infrastructure across Africa and Asia by 2027.
- Region
- Sub-Saharan Africa
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Tripling the Adaptation Finance Goal Is Possible — Here’s What It Takes
We explore here whether a tripling of the adaptation finance goal would be possible — and find that it could be by 2035, the target year for the $300 billion NCQG.
- Categories
- Energy, Environment, Investing
- Region
- Global
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