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Equity and IFAD Launch $200 Million Climate Adaptation Finance Mechanism for 260,000 East African Farmers
The mechanism comes as climate-related shocks increasingly affect agricultural production, rural incomes and food security across East Africa, while climate finance remains difficult for small-scale producers to access.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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Report: World Set to Cross 1.5°C Global Warming, but Can Still Limit, Adapt to and Return From Higher Temperatures
The report puts best-case scenario peak temperature rise at 1.8°C; others suggest over 2°C.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Mastercard and Flowcart Join Forces to Power Secure Card Payments Into Social Commerce in East Africa
"The initiative will unlock new opportunities for social sellers, creators and SMEs in mobile-first markets by reducing the need for external websites or payment links."
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Ghanaian Fintech Startup Seevcash Raises $333k from Stellar Community Fund
Seevcash serves users in Ghana, the US and other markets, helping families send and request money across borders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances, startups
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Sun King Joins Kenya’s Growing Smartphone Financing Race
"Sun King’s move comes as Kenya’s smartphone market becomes harder to simply define by ownership."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Africa Ecosystem Catalysts Facility Expands into Nigeria with USD 450K in First Investments
Backing Trade Lenda and AirSmat, Nigerian startups advancing financial inclusion and climate-smart agriculture through fit-for-purpose capital.
- Categories
- Investing, Social Enterprise, WASH
- Region
- Sub-Saharan Africa
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Kenya’s Arc Ride Raises $33.3 Million to Expand into South Africa
"The model removes the need for riders to own batteries outright, cutting upfront costs while enabling swaps through a network of smart battery-swap stations. Its clientele includes Yadea, one of the world’s largest EV manufacturers."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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African Development Bank and AXIAN Launch Digital Finance Programme to Support 34,000 Women-led Businesses in Africa
Supported by the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) initiative and the Women Entrepreneurs Finance Initiative (We-Fi), the programme aims to address one of the biggest constraints facing women-owned businesses in Africa – limited access to finance.
- Region
- Sub-Saharan Africa
