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Press Release: Convergence Blended Finance Releases New Findings — Reports 45% Decline in Global Blended Finance for Climate
Public financing for climate, while increasing, has seen the overall growth rate decline, private climate financing volumes lag, and climate blended finance flows regress.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Leapfrog’s New Fund to Double Down on Financial and Healthcare Sectors in Africa and Asia
LeapFrog said it will make initial investments of between $30 million and $70 million in 18 to 20 high-growth businesses.
- Categories
- Finance, Health Care, Investing
- Region
- Sub-Saharan Africa
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Wellahealth’s Healthsend Africa Enters Kenya, Plans to Expand into Other African Countries
Immigrants can use the service to top up a website wallet system and pay for many healthcare services the company offers for their family members in Nigeria and Kenya.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Fintech Startup Finerio Secures $6.5 Million to Create Open Finance Ecosystem in Latin America
Shortly after the launch, Finerio was the fourth most downloaded fintech app that year, according to Grassi.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- data, financial inclusion, fintech, startups
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Nigeria Taps into the Global Lithium Market
For years, Africa's largest economy relied mainly on oil, but is now placing its bets on its mining industry. Nigeria wants to bank on the booming global lithium market.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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A Pay-As-You-Go Electric Truck Is Making Deliveries on Rwanda’s Dirt Roads
The Global Vehicle Trust launched OX Delivers in 2020 and although it’s headquartered in Warwickshire, England, the company describes it as an African-led operation.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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New Solar Mini-Grids in Africa to Be Powered by Husk Power Systems’ $103 Million Series D
The capital injection includes $43 million in equity, which Husk Power describes as the largest-ever raise of its kind in the mini-grid industry.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Orange Partners with Koolboks to Provide Refrigeration Solutions in 12 African Countries
Koolboks solar freezers will be first marketed in the Democratic Republic of Congo and soon in the 11 other countries where Orange Energies is deployed.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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