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COP28: World Bank Unleashes $100 Million for Climate-Smart Agriculture in Africa
The World Bank’s International Development Association (IDA) is set to inject $100 million into the Accelerating Impacts of CGIAR Climate Research for Africa (AICCRA) project between 2024 and 2025.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Why Consumer Goods Multinationals Are Fleeing Nigeria
Many of the largest companies in Nigeria, from cement producer Dangote to telecoms leader MTN, reported that the macroeconomic conditions had hit their earnings.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nairobi-Based Climate Tech Startup Amini Raises $4 Million Seed Funding Round
Founded by AI innovation and technology expert Kate Kallot, Amini is driven by its ambition to build the ultimate African environmental data collection and intelligence infrastructure.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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Kenyan E-Bus Startup BasiGo Secures $5 Million Debt Facility to Scale Local Production
BasiGo provides state-of-the-art electric buses along with charging and maintenance services for bus operators.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Tappi Secures $1.5 Million Pre-Seed Round to Build Online Trust for Africa’s SMEs
The Oversubscribed Funds will Accelerate Trust in Digital Commerce Ecosystem, as tappi Achieves 19% MoM Growth with $3M in Verified Consumer Transactions.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital inclusion, e-commerce, MSMEs
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OPEC Fund’s 50 Million Loan Bolsters SMEs and Promotes Green Energy in West Africa
The loan intends to bolster the development of small and medium-sized enterprises (SMEs) and advance green energy initiatives in West Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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EAIF Commits USD 19 Million Senior Secured Debt for 20MW Solar PV Power Project in North-Western Uganda
The project is designed to provide clean, affordable energy for one of the most remote and underserved regions in north-western Uganda.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Energy Catalyst Programme Awards £40 Million to Innovators
The Innovate UK’s Energy Catalyst programme has awarded over £40 million in grant funding to a range of innovative projects with plans to harness clean energy and enable a just and inclusive energy transition.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- energy access, innovation, renewable energy, SDGs, solar
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