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Nigerian B2B E-Commerce Startup Sabi Lays off 20% of Workforce as It Pivots
Nigerian startup Sabi, a B2B marketplace serving Africa’s informal sector, has laid off about 20 per cent of its workforce as it pivots to focusing on commodity exports.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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MCFA to Support KOKO Networks to Scale up Its Bioethanol Solution for Clean Cooking Across Kenya
The first project from MCFA’s second funding round has been signed with KOKO Networks, a Kenyan provider of clean cooking solutions based on the use of sustainable bioethanol.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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EU-Funded AgriFI Backs Ghana’s Complete Farmer with $2.5 Million Investment to Empower Smallholder Farmers
This funding, channeled through the EDFI Management Company, aims to bolster the company’s expansion strategy and facilitate the development of agricultural infrastructure in northern Ghana.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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BURN, Trade and Development Bank Group to Expand Access to Clean Cooking in Mozambique, DRC & Zambia
The agreement will support the rollout of BURN’s industry-leading ECOA biomass and IoT-enabled induction cookstoves.
- Region
- Sub-Saharan Africa
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African Development Bank’s SEFA and Partners Sign $26.5 Million Deal for Zambia’s Ilute Solar Project
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has committed to contribute $8 million toward a $26.5 million financing package to support the 32 MWp Ilute Solar Project in Zambia.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Wetility Secures $27.8 Million from Jaltech to Scale Solar Access for South African Homes and SMEs
The capital injection is set to support Wetility’s plans to provide solar power and battery systems to over a million homes and businesses across South Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- energy access, MSMEs, scale, solar
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Zero Carbon Charge Secures $5.6 Million to Expand Solar EV Charging Network in South Africa
The investment will support the company’s efforts to build a national network of solar-powered, ultra-fast electric vehicle (EV) charging stations positioned every 150 kilometres along the country’s major roads.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Viewpoint: What Is the Place of Nollywood in the World?
As the Nigerian film industry arrives at a crossroads, experts weigh in on its place in the world and what the future holds.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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