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Urgent Action Required to Address Sub-Saharan Africa’s Energy Equity: WEF Report
Sub-Saharan Africa is grappling with significant equity challenges, demanding urgent improvements in energy access.
- Region
- Sub-Saharan Africa
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Aris-Based VC Breega Hits First Close of $75 Million Africa Fund to Back Pre-seed and Seed Startups
Breega prides itself on being a founders-for-founders fund, investing across pre-seed to Series A stages.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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Flutterwave Lays off 3% of Its Workforce as It Doubles Down on Enterprise and Remittance
That change of focus led to the shutdown of Barter in March.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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South African Online Retailer Takealot Warns About E-Commerce Competition from Chinese Clothing Manufacturers Temu and Shein
Despite Takealot being a local business, many South Africans have come out in support of Shein and Temu because of their cheap prices.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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IMF Approves Over $900 Million to Support Tanzania Budget, Climate Change Fight
The funding will help tackle climate change while also completing a separate review allowing for the disbursement of $149.4 million for budget support.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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Press Release: BII Signs Agreement With Meridiam to Provide $15 Million to Rift Valley Energy to Expand Access to Sustainable Energy in Tanzania
This agreement will provide energy to about 170,000 people per year and connect 4,000 businesses and households to the grid for the first time.
- Region
- Sub-Saharan Africa
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Press Release: World Bank Supports Policy Reform of Ghana’s Energy Sector and Access to Clean Cooking
The PforR will support Ghana’s Energy Sector Recovery Programme (ESRP) to improve the financial viability of electricity distribution and increase access to clean cooking solutions.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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IFC, Proparco and RMB Partner With WIOCC Group to Raise Over $50 Million to Invest in Digital Infrastructure in Africa
With this funding, WIOCC plans to expand its core and edge data centres in the Democratic Republic of the Congo, Nigeria and South Africa to meet data centre services.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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