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South Africa Develops $122 Million Bond to Restore Water Catchments
The outcome based bond will link investor returns to measurable environmental improvements such as invasive plant removal and catchment rehabilitation.
- Region
- Sub-Saharan Africa
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African Development Bank Approves €6.5 Million Investment in Saviu II to Back Francophone African Tech Start-Ups
The decision, taken at the Bank’s headquarters in Abidjan, aims to help young tech start-ups bridge a persistent funding gap and scale from seed through their first institutional fundraising rounds, particularly in French-speaking West and Central African countries.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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South Africa: Hlayisani Capital Secures Over $30 Million for New Fund
Hlayisani Capital manages over R1 billion (about $62 million) across three funds and focuses on backing high-growth, technology-enabled businesses with strong South African roots.
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
Bezos and Gates-Backed Firm Fights for DRC’s Mineral Data in Exchange for More Investments
The dispute between the US mining firm, Kobold Metals, backed by billionaires Jeff Bezos and Bill Gates, and Belgium's AfricaMuseum over the digitization of colonial-era maps of what is now the Democratic Republic of the Congo may be intensifying.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- corporations, data, mining, renewable energy
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The African Development Bank Group and the United Nations Development Programme Have Launched the AI 10 Billion Initiative
The AI 10 Billion Initiative is a co-designed partnership between the Bank Group, UNDP and private partners that seeks to mobilise up to $10 billion by 2035.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Botswana Targets Drug Manufacturing in Health Emergency Recovery
Health Minister Stephen Modise, in an interview, said that while medicines are now more widely available, nationwide the focus is on building strong supply chains with locally manufactured drugs to overcome the high cost of importing medication.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Press Release: Pesalink and PAPSS Unlock Cross-Border Payments in Local Currencies in Kenya
The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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FinDev Canada Proposes $33 Million Investment in BlueOrchard Initiative
BOCAMF is structured as a 12‑year private debt blended‑finance fund designed to channel capital into climate‑focused interventions across low‑ and middle‑income countries.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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