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South Africa’s Hlayisani Capital Launches 2nd Fund with Initial $29.9 Million in Commitments
It offers strategic support and capital to high-growth, highly scalable SMEs with a proven track record, and specialises in growing these SMEs into large, successful enterprises that operate across multiple territories, create jobs and generate export revenue domestically.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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FMO Supports CiGaba to Unlock Domestic Capital for Young and Growing Businesses in West Africa
CiGaba is a pioneering fund of funds designed to mobilize domestic institutional capital into private equity and private debt investments targeting young and growing businesses in Ghana and selected West African markets.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Airtel, SpaceX Test Starlink Mobile in Kenya
If scaled successfully, the initiative may not only improve connectivity but also unlock new economic opportunities, from mobile banking to e-commerce, particularly in rural and hard-to-reach communities.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: Are Tech Solutions Fixing Mobility in African Cities or Just Masking the Problem?
Ride-hailing and mobility apps do not build roads. They do not expand rail systems or redesign cities. Instead, they optimize access to what already exists.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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Press Release: Rockefeller Foundation, Global Energy Alliance Invest More Than US $100 Million to Expand Electricity in Africa
Since The Rockefeller Foundation and the Alliance first announced their initial US$10 million commitment, their collective support has grown to more than US$100 million for Mission 300 in 23 countries to date.
- Region
- Sub-Saharan Africa
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China Set to Cut Solar Incentives for Africa Days After Elon Musk Negotiates $2.9 Billion Chinese Solar Equipment Deal for Tesla
Africa’s solar expansion could face new cost pressures as China moves to scale back key export incentives, just as global demand surges following Elon Musk’s $2.9 billion push into Chinese solar supply chains.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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World Bank Approves $35 Million for Djibouti as Water Crisis Deepens Across Horn of Africa
Djibouti has secured fresh World Bank funding to tackle one of the most severe water shortages in the Horn of Africa, as climate pressures deepen across the region.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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$48 Million First Close for Aqua-Spark Africa Aquaculture Fund
Aqua-Spark has announced the official first close of its new Aqua-Spark Africa fund at USD 48 million, marking a significant milestone in the development of aquaculture across sub-Saharan Africa.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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