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Acumen’s ARAF Fund Raises $90 Million to Take Its Climate-Resilience Playbook to North Africa
ARAF aims to deliver direct impact to at least an additional 4m farmers with the fresh capital, managed by Acumen Capital Partners, a wholly owned subsidiary.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Social Finance First: Standard Bank Pioneers $29 Million Helios Towers Facility
Standard Bank has launched its first social documentary credit facility, providing Helios Towers with a $29m trade finance solution structured under the Loan Market Association's social loan principles.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Kenyan Startups Fuzu and Kyosk Secure Funding from Jobtech Alliance
Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa steered by Mercy Corps and BFA Global, aims to create an enabling environment for entrepreneurs to build platforms that deliver quality livelihoods, are inclusive, and enable users to engage in decent work.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Abiki Brokers Joins Forces with FasterCapital to Revolutionize Insurance in Sub-Saharan Africa
By focusing on affordability, simplicity, and accessibility, the startup empowers low-income individuals and SMEs to access essential financial protection and teleconsultation directly from their mobile devices.
- Categories
- Health Care, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Xoom, a PayPal Service, and Flutterwave Enable Direct Money Transfers to Nigeria
By combining Xoom’s expansive reach with Flutterwave’s local compliance and banking partnerships, the two companies are providing a more accessible financial corridor for the continent.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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19 Firms Get $1.5 Million Grant to Boost Solar-Powered Businesses in Africa
The programme which aims to deploy 3,800 productive use appliances, including solar-powered water pumps, refrigerators and milling machines, while creating over 3,000 green jobs across the three countries.Eight Nigerian companies were among the beneficiaries selected for the initiative.
- Region
- Sub-Saharan Africa
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Equity, AfricaNenda and Gates Foundation Partner to Advance Digital Public Infrastructure Across Africa
The collaboration will combine AfricaNenda’s technical expertise, policy expertise, and ecosystem leadership with Equity Group’s extensive regional footprint, digital payments capabilities, and implementation experience to accelerate the adoption of Digital Public Infrastructure across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Building AI on African Terms
AI promises new opportunities for African businesses, but it also risks deepening technological dependency.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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