NextBillion - A WDI Publication

IFC Discloses Proposed $25 Million Investment in Admaius’ Virunga Africa Fund II

The fund is targeting $500 million to invest in mid- to large-cap African companies.

Source

Africa Private Equity News (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

business development, development finance, Digital Public Infrastructure, global development, impact investing, infrastructure

Europe’s Textile Future at a Turning Point: New 2030 Circularity Blueprint Aims to Scale Recycling and Unlock Investment Opportunities

This ambitious initiative is designed to support the transformation of the EU textile ecosystem to advance textile-to-textile recycling and drive the transition to a circular economy.

Source

Global Fashion Agenda (link opens in a new window)

Categories

WASH

Region

Sub-Saharan Africa

Tags

circular economy, global development, impact investing, partnerships, waste

Analysis: Powering Peace: Can Renewable Energy Help End Africa’s Conflicts?

Conflict is now at its highest level since World War II, driven by the breakdown of the international rules-based system, climate degradation, inequality, and demographic pressure—forces that are particularly acute across sub-Saharan Africa.

Source

NewSecurityBeat (link opens in a new window)

Region

Sub-Saharan Africa

Tags

energy access, global development, human rights, off-grid energy, renewable energy, rural development, solar

Press Release: Early Climate Health Investments Generate 68-Fold Gains in Low- and Middle-Income Countries

The study finds that every $1 invested by low- and middle-income countries in these services can yield $4 to $68 in economic benefits, depending on local conditions and implementation.

Source

World Resource Institute (link opens in a new window)

Categories

Environment, Health Care

Region

Sub-Saharan Africa

Tags

climate change, climate health, global development, infectious diseases, NGOs, public health, research

Press Release: African Development Bank Approves €93.9 Million to Expand Last-Mile Power Connections Under UREAP Phases I & II in Uganda

The funding will close a critical gap for the compensation of project-affected persons and completion of outstanding works, ensuring the project delivers its full development impact.

Source

African Development Bank Group (link opens in a new window)

Categories

Energy

Region

Sub-Saharan Africa

Tags

development finance, energy access, off-grid energy, rural development, solar

Thunes and Vodacom Tanzania Launch Cross-Border M-Pesa Payments for Uganda and China

Thanks to the collaboration, Vodacom customers in Tanzania can now seamlessly pay merchants in Uganda and China directly from their mobile phones.

Source

TechAfrica News (link opens in a new window)

Categories

Finance, Technology

Region

Sub-Saharan Africa

Tags

digital finance, digital payments, financial inclusion, fintech, international trade

Press Release: IFC and Standard Chartered Partner on Supply Chain Finance to Support African Businesses

The risk-sharing facility will cover up to $300 million in supply chain and trade finance assets originated by Standard Chartered in Africa.

Source

IFC (link opens in a new window)

Categories

Agriculture, Finance, Health Care

Region

Sub-Saharan Africa

Tags

development finance, employment, manufacturing, partnerships, public health, smallholder farmers, supply chains

Fresh Life, Atoo Kakuma Ink Deal to Expand Climate-Resilient Sanitation in Turkana

A shortage of adequate sanitation facilities in parts of Turkana County, including Kakuma and Kalobeyei, has long forced residents to rely on unsafe alternatives, threatening public health in one of Kenya’s most densely populated arid regions and refugee-hosting areas.

Source

KBC (link opens in a new window)

Categories

Environment, Health Care

Region

Sub-Saharan Africa

Tags

climate change, climate health, partnerships, public health, refugees, sanitation, scale, waste