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IFC, EIB Group and European Commission Back Biovac to Build Africa’s First End-To-End Multi-Vaccine Manufacturing Site, Advancing Vaccine Self-Reliance
The financing package includes a $20 million senior loan from IFC with additional mobilization in progress and a €75 million quasi-equity investment from EIB Group.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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BOI and GIZ Sign Strategic Partnership to Accelerate MSME Growth and Sustainable Development in Nigeria
The framework outlines an agreement focused on delivering coordinated interventions across key areas, including access to finance, entrepreneurship development, capacity building, and market access.
- Source
- Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH (link opens in a new window)
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Google and UpSkill Universe Relaunch Hustle Academy to Bring Free AI Skills to All Africans
The 2026 edition is built for anyone in Sub-Saharan Africa, including employees, students, and jobseekers, who wants to use AI to advance their career.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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SolarAid CEO John Keane is Stepping Down
SolarAid today announced that its Chief Executive Officer, John Keane, has decided to step down from his role in June
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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NiMet, AIM, Partner For Scale to Deliver AI-Powered Weather Forecasts to Farmers Across Nigeria
NiMet plays a central role in Nigeria’s agricultural and climate information systems, providing early warning advisories, seasonal climate predictions, and digital climate services.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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South Africa Refiant AI Raises $5 Million Seed Funding to Help it Expand
The startup has secured a US$5 million seed round, led by VoLo Earth Ventures, a California-based climate technology fund.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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TLG Capital Zambia Closes $5 Million SME Lending Facility
TLG Capital structured the scaling facility for Shona Capital Zambia. The deal targets businesses too large for microfinance but too small for traditional banks. This segment faces a $2 billion financing gap across Zambia.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- lending, microfinance, MSMEs, scale
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Africa CDC Secures Over US$250 Million to Advance Africa’s Global Health Security Agenda at the Lyon One Health Summit in Lyon
Implemented under Africa CDC leadership, this programme will strengthen surveillance, expand laboratory capacity, and deepen collaboration with leading European institutions.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
