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African Development Bank Group Commits $164 Million to Promote Renewable Energy In Nigeria, 5 Other Countries
Nigeria is among five other African countries that will benefit from the African Development Bank Group (AfDB) Leveraging Energy Access Finance Framework (LEAF).
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, scale
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Joint SDG Fund Doubles Its Portfolio to $114 Million in Catalytic Impact Investments
The UN Joint SDG Fund announced a historic expansion of its portfolio to five new markets across the globe with US $54.5 million in additional investments to rescue the Sustainable Development Goals.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Inside Facebook’s African Sweatshop
Here in Nairobi, Sama employees who speak at least 11 African languages between them toil day and night, working as outsourced Facebook content moderators.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Remedial Health Raises $1 Million Pre-Seed Funding to Digitise Africa’s Neighbourhood Pharmacies
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient, says it has raised $1 million in pre-seed funding.
- Categories
- Health Care, Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Malawi Gets $14.2 Million Grant for Financial Digitalisation
The African Development Fund (ADF) and the government of Malawi have signed a grant agreement for $14,2-million to undertake infrastructure upgrades and create a more efficient and transparent digital payment system.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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AFEX to Open Second Round of $240 Million Funding Series to Strengthen Africa’s Agro-Processors
AFEX, Nigeria's leading commodities market player and the country's first private sector commodities exchange, has announced the reopening of its $240m (₦100bn) Asset-Backed Commercial Paper (ABCP).
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Trade Hub Backs Senegalese Companies West Africa Water SA, Delta SA Seeking to Provide Clean Drinking Water
Senegal has made rapid progress over the last 10 years in expanding access to safe water and sanitation for its citizens.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Nigerian Healthtech Startup Reliance Health Raises $40 Million Led by General Atlantic
The pandemic has accelerated the use of telemedicine, virtual care and drug delivery, thus fuelling investor interest in the sector.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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