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African Development Bank and USAID Agree to $500 Million Deal to Tackle Energy Poverty and Climate Change in Sub-Saharan Africa
African Development Bank and USAID extend and expand their partnership through the Regional Development Objectives Agreement (RDOAG) to tackle energy poverty and climate change in sub-Saharan Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change
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Press Release: Distribution Network Infrastructure Drives Down Capex And Boosts IRR For Mini-Grids, CrossBoundary Mini-Grid Innovation Lab Finds
Analysis of data from 2020 to 2023 shows that the adoption of grid densification positively impacts grid economics, customer acquisition, and grid utilization.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Emerging Africa Infrastructure Fund Invests $30 Million in Eastcastle Infrastructure
The project aims to include benefits associated with democratizing access to markets.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, MSMEs
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7 African Startups on WEF Technology Pioneers List
Seven African tech startups have been named by the World Economic Forum (WEF) among its selection of the 100 most promising Technology Pioneers of 2022.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation
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Plastic Upcycling Startup Kubik Closes $3.34 Million Seed to Scale Production in Ethiopia
The amount of plastic waste produced globally is on track to triple to over 1,000 million tons by 2060.
- Categories
- Technology, WASH
- Region
- Sub-Saharan Africa
- Tags
- circular economy, housing, scale, startups, waste
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COVID-19 Vaccine Scheme for Poorest Has $2.6 Billion Left to Spend as Pandemic Recedes
Several billions of dollars left in a scheme to deliver COVID-19 vaccines to the world’s poorest could be diverted to prepare for other pandemics.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
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United Bank for Africa Partners with Africa Continental Free Trade Area to invest US $6 Billion into SMEs in Africa
The partnership will aim to boost intra-Africa trade and provide financial services in four key areas.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Senegal Secures $2.74 Billion Investment Plan From G8 Member Countries
Senegal's Just Energy Transition Partnership (JETP) agreement aims to achieve 40% renewable energy capacity by 2030, with a draft investment plan underway.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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