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IFC Commits USD $6 Million to Catalyst Fund’s USD $40 Million Africa Climate Tech Vehicle
The fund, managed by Catalyst Impact Partners Corp, will target pre-seed and seed companies in fintech for climate resilience, sustainable livelihoods, etc.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Mawingu Raises $20 Million to Expand Affordable Internet Across Rural Kenya
Mawingu’s model combines solar-powered wireless technology with a community-focused approach to bring down costs and overcome the logistical hurdles that have kept larger telecommunications companies out of these areas.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Relief for MSME Workers as New Pension Scheme Opens Door to Affordable Retirement Savings in Kenya
The deal aims to bring micro, small, and medium-sized enterprises (MSMEs) into the country’s formal pension system through the Octagon Umbrella Retirement Benefits Scheme.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- financial health, MSMEs, partnerships, savings
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Nedbank Invests $28 Million in New GX Capital’s Fund for Clean Energy and Infrastructure in Africa
The fund is purpose-built to channel capital into clean technologies and sustainable infrastructure—including energy, water, gas, and associated services—across Africa.
- Region
- Sub-Saharan Africa
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Aqua for All and Bunna Bank Partner to Revolutionize Financing in the Water, Sanitation, and Hygiene Sector in Ethiopia
This strategic move signifies a shift from prior programs focused mainly on micro and small financial institutions to engaging commercial banks, enabling the attraction of large-scale private capital.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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AI-Powered Telemedicine Bridges Prenatal Care Gap in Low and Middle-Income Countries
The AI component integrates deep learning models capable of identifying standard fetal planes critical for prenatal assessments.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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The African Development Bank Injects $117.3 Million to Transform Cocoa Sector in Côte d’Ivoire Amid Sustainability Push
For farmers in Côte d’Ivoire, particularly youth and women in rural areas, the facility represents more than financial relief.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Uganda Development Bank Secures $30 Million Islamic Finance Facility for SMEs
The Islamic Corporation for the Development of the Private Sector (ICD) provided Uganda Development Bank (UDB) with $30 million, marking its first financing deal in Uganda and East Africa.
- Categories
- Agriculture, Education, Energy, Health Care, Investing
- Region
- Sub-Saharan Africa