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Spark+ Africa Fund Raises Over $40 Million in a First Close to Invest in Clean and Modern Cooking Solutions in Africa
Spark+ Africa Fund (“Spark+”) launched in partnership with 12 development finance institutions, foundations, family offices, and pension funds as the world’s first impact fund financing clean and modern cooking solutions in developing markets.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Analysis: How Drug Companies Are Sidestepping the WHO’s Technology Transfer Hub in Africa
Once the platform has been fully developed and tested in Cape Town, it will facilitate technology transfer to at least 12 low- and middle-income countries.
- Categories
- Coronavirus, Health Care, Technology
- Region
- Sub-Saharan Africa
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African Development Bank Commits $125.3 Million to Expand Water Resources and Boost Climate Resilience in Dodoma
The program aims to improve water supply for multi-purpose use by developing water resources for Dodoma City and the three towns.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- climate change
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This African Neobank Just Raised $18.5 Million to Expand Financial Access for SMEs in Kenya, Uganda
4G Capital, a notable African neobank with headquarters in Mauritius, announced today that it has finalised a Series C funding round of $18.5 million.
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Investments Flood into Africa’s B2B E-Commerce Startups
A new crop of business-to-business e-commerce startups are trying to connect informal retailers to manufacturers and large wholesalers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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AfricaGoGreen Fund Receives $31.5 Million to Promote Private Sector Efficiency Investments
Development finance institution (DFI) the African Development Bank (AfDB) and its Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20-million in the AfricaGoGreen Fund (AGGF) debt fund.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Baobab+ Launches Pay-As-You-Go Solar in Nigeria
Baobab+, the leader in rural electrification in West Africa and Madagascar, has launched its Pay-As-You-Go solar power service in Nigeria.
- Region
- Sub-Saharan Africa
- Tags
- off-grid energy, solar
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Press Release: DFC and USADF Launch New Initiative to Help Accelerate Small Businesses in Africa
The ASBC seeks to support SMEs in four countries – Ivory Coast, Nigeria, Senegal and Uganda – focused in key sectors including agriculture and food security, education, healthcare, and water, sanitation, and hygiene (WASH).
- Categories
- Agriculture, WASH
- Region
- Sub-Saharan Africa
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