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Acumen Closes $58 Million Impact Fund, the First to Drive Climate Adaptation for Smallholder Farmers
The Acumen Resilient Agriculture Fund (ARAF) seeks to build an ecosystem of agribusinesses that improve farmers’ livelihoods and build their resilience to climate change.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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South Africa Secures $500 Million for Climate Resilient Cities
AIIB has approved a $500 million sovereign-backed loan to strengthen water, electricity and waste services across South Africa’s metropolitan municipalities.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Africa50 Secures $50 Million to Boost Early-Stage Investment for Climate-Resilient Projects
Africa50 is a specialist investor in African infrastructure – developing, de-risking and delivering projects to unlock economic growth across the continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Nigeria’s Federal Government Targets One Million MSMEs, 50,000 Jobs With Renewable Energy Programme
". . . the minister said the programme would deploy renewable energy solutions to one million businesses, reduce production costs for MSMEs, expand financial inclusion and promote inclusive economic growth."
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Ghana Launches National Union for Informal Waste Workers
According to GAYO, the union will provide a unified platform for informal waste workers to engage government, municipalities, industries and development partners.
- Categories
- Environment, WASH
- Region
- Sub-Saharan Africa
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Wind and Solar Projects in Kenya and South Africa Don’t Always Benefit the Communities That Host Them – Study
If green energy investments are to deliver on their promise of development, governments and investors need to start by asking communities what they consider a fair deal. Land, livelihoods, culture and ways of life may be just as important as financial returns.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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Moove Becomes Africa’s Newest Unicorn After $250 Million Series C
The capital is earmarked for Moove’s push into autonomous vehicles, funding both fleet ownership and “Nests,” depot facilities where self-driving cars will be charged, serviced, and maintained.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- data, e-mobility, innovation, startups
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IFC Supports Expansion of Financing for Kenya’s Small Businesses through the First Catalytic First Loss Guarantee Transactions in Africa
The CFLG is an innovative program delivered under IFC's $4 billion MSME Platform, enabling IFC to provide first-loss coverage to partner financial institutions by leveraging blended finance through the International Development Association's Private Sector Window (IDA PSW).
- Categories
- Finance
- Region
- Sub-Saharan Africa
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