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African Development Bank Alliance for Financial Inclusion Renew Partnership to Support Financing for Women-Led Businesses
African Development Bank and AFI will carry out new research in 13 additional African countries to identify opportunities for reform in policies and regulations that would have the greatest impact in addressing obstacles to accessing finance.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: More Than 1.1 Billion African People Unlikely to Have Access to Clean Cooking Fuels and Technologies by 2050, New Study Predicts
A new Loughborough University study on clean energy accessibility in Africa forecasts that 1.1 billion people will be without eco-friendly cooking fuels or technologies by 2050.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: IFC Invests in Cote d’Ivoire Fund to Boost Growth of SMEs in West, Central Africa
IFC's support includes an equity investment of up to €7.5 million from IFC's SME Ventures program and an additional €7.5 million from the Blended Finance Facility of the International Development Association's Private Sector Window.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Mecho Autotech Lands $2.4 Million Pre-Series A Investment
Mobility startup, Mecho Autotech has raised $2.4 million pre-Series A and is expanding into wholesale automotive spare parts distribution in Nigeria.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- data, distribution, startups, supply chains
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African Development Bank Approves $104 Million in Funding to Improve Power Supply in Eastern Ethiopia
The project promises substantial benefits for commercial and industrial operators.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Afreximbank Commits $40bn Trade Investment in Africa
African Export-Import Bank (Afreximbank) will double its intra-African trade financing to $40 billion by 2026.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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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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