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South African Digital Identity Startup iiDENTIFii Raises Record $15 Million
Cybercrime within the financial sector is a growing threat to Africa. iiDENTIFii will use this investment to fund its expansion across the continent.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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CrossBoundary Energy Commissions First-Of-Its-Kind Commercial Solar and Battery System in Sierra Leone
Renewable energy investment company CrossBoundary Energy has commissioned a solar photovoltaic power plant with a battery storage system for a plantation forestry group in Sierra Leone.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- solar
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Equity Bank Avails $6 Billion Fund to Boost Business Recovery Across Africa
Equity Bank Rwanda Plc has called on businesses to take advantage of the $6 billion fund available to support recovery and post Covid-19 resilience.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Wiocc Secures R540-Million Equity Investment for Expansion in Africa
This investment supports our goal of establishing an integrated, open-access, core-to-edge cloud ecosystem throughout the African continent.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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The Fund for Export Development in Africa (FEDA) Announces Its First Close of US $670 Million Across Four Fund Strategies
FEDA, the impact investment arm of the Afreximbank has been set up to support intra-African trade growth, value-add export development and industrialization.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Solar Mini Grids Could Power Half a Billion People by 2030, World Bank Says
Providing electricity to 490 million people will require constructing more than 217,000 mini grids at a cost of $127bn.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- energy access
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Microsoft, African Development Bank Partner to Promote Youth Entrepreneurship
Through a public-private partnership model, the alliance aims to assist the creation of national institutions that will scale up financial and technical support for young entrepreneurs.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- partnerships, youth
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Press Release: CrossBoundary Energy Access and Engie Energy Access Sign Largest Mini-Grid Project Finance Transaction in Africa to Build $60 Million of Mini-grids in Nigeria
CBEA and ENGIE are excited that this innovative financing approach will provide electricity to more than 150,000 people in Nigeria and can be replicated across Africa.
- Region
- Sub-Saharan Africa
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