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Press Release: The International Islamic Trade Finance Corporation (ITFC) and the Trade Development Fund (TDFD) Sign Landmark Agreement with Oil Sustainability Program and BURN Manufacturing to Deliver Clean Cooking Solutions in Nigeria
"Notably, the project includes direct support for household LPG refills over a period of eight years, funded through anticipated revenues from carbon credits generated by the clean cooking kits."
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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Nigerian Construction Tech Startup Cutstruct Raises $1.5 Million Seed Round
Nigerian construction tech startup Cutstruct has raised US$1.5m in a seed round of funding to help it scale operations.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- housing, infrastructure, startups
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Afrik Tests World-First Voting Platform to Decide Africa’s Green Future
Pioneering digital platform leverages blockchain technology to democratize investment in Africa's renewable energy and digital infrastructure.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Why Kenya Is Selling Part of Its 34.9% Stake in Safaricom
"The sale could open doors to Africa-focused institutional investors or private equity funds, many actively scouting African telecoms assets for their stable cash flows and strong margins."
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Swedfund Commits to Novastar Ventures Fund
Through this indirect investment, Swedfund aims to catalyse funding for early-stage African businesses across sectors.
- Categories
- Energy, Investing, Transportation
- Region
- Sub-Saharan Africa
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Press Release: 20 Million People Improved Their Energy Access Through Off-Grid Solar in 2024, According to the New Global Off-Grid Solar Market Report
"Demand for off-grid solutions remains high despite negative macroeconomic factors like high inflation and climate emergencies, and it is considered the most cost-effective way to power almost half of the new connections under Mission 300."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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The PURE Growth Fund Opens Call for Proposals for Clean Energy and Agribusinesses in Tanzania
The Pure Growth Fund is a transformative initiative to accelerate the Productive Use of Renewable Energy (PURE) within Tanzania's agri-food systems and unlock low-emission development pathways for the country.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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Safaricom Commits $500 Million to AI Infrastructure in Bold Move to Shape East Africa’s Digital Future
The company has already trained 5,000 employees in AI fundamentals, signaling its intention to actively shape the region’s digital future.
- Categories
- Technology
- Region
- Sub-Saharan Africa
