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Local Investors Are Shying Away from Africa’s EV Revolution
A lack of local investment in African electric vehicle companies threatens the growth of the continent’s green transportation sector.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Shekel Mobility Secures $7 Million to Drive Vehicle Financing in Africa
Shekel Mobility, a B2B trading platform catering to car dealers in Africa, secured a $7 million seed in a round led by Ventures Platform and MaC VC.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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Press Release: Arab Coordination Group Pledges US $50 Billion for African Development
Many countries in Africa are particularly vulnerable to climate change, making strengthening climate resilience and adaptation an urgent priority.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Flutterwave Cleared as Kenyan Court Okays Agency’s Request to Withdraw Second Case
The case withdrawal brings relief to Flutterwave as it hopes to acquire a payments service provider and remittances license from the Central Bank of Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Edtech Startup Snapplify to Roll Out ELibrary Project in Tanzania
The Digital library is to be rolled out to all Tanzanian schools.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Norrsken22’s Debut Fund Closes at $205 Million to Back Growth-Stage Startups in Africa
Norrsken22’s target remains investing in approximately 20 startups. The fund’s typical investment ticket size averages around $10 million.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Oikocredit, Goodwell Investments and Global Partnerships Invest in Good Nature Agro to Support Southern African Smallholder Farmers
Investors commit a combined total of US$ 8.5 million to expand Good Nature Agro’s social impact.
- Categories
- Agriculture, Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Namibia Breaks Ground on Continent’s First Green Iron Facility
The Oshivela project in western Namibia is backed by the German federal government.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- decarbonization
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