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Press Release: African Development Bank’s Sustainable Energy Fund for Africa Welcomes $50 Million in New Commitments from Germany and USA at Africa Climate Summit
SEFA is a multi-donor Special Fund that provides catalytic finance to unlock private sector investments in renewable energy and energy efficiency.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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FSD Africa Investments Commits $19.5 Million Investment to Green Project Financing
FSDAi’s investment in Acre will facilitate the flow of ECA finance for social and green infrastructure.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Analysis: Safaricom’s Bumpy Ethiopia Ride Has Investors Worried
While it started off well enough, signing up 5 million customers by August, it soon became apparent that Safaricom’s lofty ambitions have exposed managerial, operational, and domestic challenges.
- Categories
- Investing, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Press Release: Masdar and Africa50 Join Forces to Accelerate Clean Energy Transition Across Africa
Ahead of COP28, Masdar commits to unlock 10 gigawatts (GW) of clean energy projects for millions of people across Africa by 2030.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- accelerators, infrastructure, renewable energy, scale, solar, wind
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Analysis: Nigeria’s Microfinance Banking Dream on Brink of Failure
The most widely-accepted recent labour force data gives a rough idea of how a vibrant micro business environment could help to deal with the country’s unemployment.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Walmart Doubles-Down on Massmart in African Market Push
Walmart has injected money into Massmart and appointed its own executives to key roles, according to the report.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: New Paper Highlights the Critical Role of Off-Grid Solar Technologies in Powering Climate Adaptation and Justice
Off-grid solar is the quickest and least cost way to electrify 55% of the 675 million people living with no energy access today.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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African Development Bank Announces $1 Billion to Boost Access to Climate Finance for Youth Businesses
The additional financing will boost YouthAdapt, a joint initiative between the Bank and the Global Centre on Adaptation.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, MSMEs, youth
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