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We-Fi announces New Round of Funding for Women Entrepreneurs; $15 Million to the Africa Digital Financial Inclusion Facility to Improve Access to Finance for Women-owned Small Businesses
Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and extend digital financial solutions to women-owned small and medium businesses.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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African Development Bank Approves $180 Million Loans to Extend Electricity Access to Rural Areas in Rwanda
This follows the 26 May 2021 approval for $84.2 million from the resources of the African Development Fund (ADF), the concessional window of the Bank Group, for the same project.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Bboxx Reportedly Acquires Ghana’s Peg Africa for $200 Million
Bboxx, a London-headquartered cleantech startup has reportedly acquired PEG Africa, another cleantech startup based in Accra.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, startups
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Kenya Eyes $244 Million Budget Support From IMF
The International Monetary Fund (IMF) plans to release $244 million to Kenya to finance its budget “in the coming weeks” after its staff expressed their satisfaction with Nairobi’s economic reforms in the face of Covid-19.
- Categories
- Agriculture, Coronavirus, Investing
- Region
- Sub-Saharan Africa
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How Russia’s Invasion of Ukraine Will Impact Africa’s Energy Transition
The Russian invasion of Ukraine will shift the geopolitics of decarbonization, with particularly stark implications for energy politics in Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Tofino Capital Closes First Round of $10 Million Fund to Back Startups in Africa
The VC will invest between $50,000 and $500,000 in early-stage companies, particularly pre-seed and seed stages.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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Africa’s Creatives Are Promoting Sustainability to Combat Climate Change
Africa’s creative industries and cultural economy play an important role in staving off this future and ensuring sustainability.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- climate change, governance
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Analysis: Small Electric Vehicles Can Act as Productive Use of Energy Catalysts for Rural Minigrids
Minigrids can power two and three-wheeled electric vehicles at a matching price with fossil-fuel alternatives.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
