Catalyst Fund Reaches First Close to Back Climate-Tech Startups in Africa
By Annie Njanja
The Catalyst Fund has reached the first close of its $40 million fund intended for investment in climate startups in Africa. The fund announced today an initial close of $8.6 million with the backing of FSD Africa Investments (FSDAi), Cisco Foundation, USAID Prosper Africa and tech investor Andrew Bredenkamp.
Photo courtesy of Kristian Niemi.