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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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Analysis: Safaricom’s Bumpy Ethiopia Ride Has Investors Worried
While it started off well enough, signing up 5 million customers by August, it soon became apparent that Safaricom’s lofty ambitions have exposed managerial, operational, and domestic challenges.
- Categories
- Investing, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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