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African EV Platform Spiro Raises Another $55 Million
African electric mobility firm Spiro has raised another US$55 million from Chinese early-stage investor NewTrails Capital, three weeks after raising $215 million.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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D.light Takes PAYGo Solar From Impact Funds to the London Stock Exchange
The listing brings d.light’s cumulative PAYGo receivables purchasing capacity to $1 billion — a milestone that few in the off-grid energy sector thought achievable when the company pioneered the first-ever PAYGo securitisation back in 2020.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Analysis: ‘Who Is Going to Pay Us When We’re Replaced by Robots?’ The Indian Factory Workers Told to Film Themselves for AI
First-person recordings of human movements and interactions are called egocentric data and are vital for training robots that might one day replace humans on the production line.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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IFC Backs CrossBoundary Access with US $10 Million Equity Investment
This investment supports the continued construction and expansion of CrossBoundary Access’s portfolio of distributed renewable energy assets, including mini-grids, battery-as-a-service (BaaS), and adjacent technologies in Sub-Saharan Africa.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Report: South Africa Went Cashless – Except for the Millions Who Didn’t
A new industry report argues that the sector mistook innovation for inclusion and left informal markets behind.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Zafiri Announces USD $176 Million Commercial Launch to Accelerate Energy Access via the Private Sector Cross sub-Saharan Africa
Zafiri will deploy patient equity into distributed renewable energy (DRE) companies and projects across Sub-Saharan Africa, including mini-grids, solar home systems, productive-use energy solutions, and clean cooking enterprises. At least 50% of the platform’s capital is expected to support mini-grids, solar home systems, and clean cooking.
- Region
- Sub-Saharan Africa
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WhatsApp Gets New Chief as Meta Taps India’s CRED Founder Kunal Shah and Invests $900 Million in Startup
India has emerged as a key battleground for Meta’s ambitions in business messaging and digital payments, areas seen as critical to WhatsApp’s next phase of growth.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Pushing Back from Big Tech: Africa’s Hard Road to AI Sovereignty
The continent’s biggest tech economies want to own their AI future. The infrastructure they need still belongs to Big Tech.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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