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Catalyst Fund Reaches First Close to Back Climate-Tech Startups in Africa
The pan-African fund is targeting pre-seed startups and has already invested in 10 startups from six countries.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Press Release: COP28 Presidency Announces US$4.5 Billion UAE Finance Initiative to Unlock Africa’s Clean Energy Potential
In order to reduce barriers to investment, the President-Designate highlighted multiple action points that require the coordinated efforts of African leaders and the international community.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Amazon to Invest $15 Million in Nature-Based Projects in Asia-Pacific
The company will invest its first $3 million from the fund's APAC allocation to support nature-based projects in India.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Kotani Pay Secures $2 Million Pre-Seed Funding for Cross-Border Crypto Remittances in Africa
Kotani Pay, a Nairobi-based crypto payments startup, secures $2 million pre-seed funding to facilitate cross-border remittances for underserved populations in Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Anchor Closes $2.4 Million to Scale Banking-As-A-Service for African Businesses
Anchor charges users for accessing the platform, but also takes a cut of every billable transaction.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Okra Solar Raises $12 Million to Power Mesh-Grid Electrification in Africa
Cleantech startup, Okra Solar has raised a $12 million Series A to enable mesh-grid electrification in Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- solar
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Black Ostrich Ventures Launches $20 Million Fund to Back Startups Outside Africa’s “Big Four”
US-based firm, Black Ostrich Ventures has raised a $20 million fund to invest in cleantech, supply chain, agritech, and edtech in Tanzania, Zambia, Morocco, and Uganda.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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BII and FMO Unveil $40 Million Commitment to Dashen Bank, Supporting Ethiopia’s Financial Sector
The innovative facility enables a progressive local bank to expand lending to exporters.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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