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IFC Seeks $300 Million to Fund Electricity Mini-Grids in Africa
The International Finance Corp. is setting up an entity aimed at lowering the cost of mini grids in Africa, to accelerate plans to connect 300 million Africans to electricity by 2030.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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MOPO Secures £5 Million Investment From Norfund to Expand Clean Energy Access Across Africa
MOPO operates a pay-per-use battery rental system that delivers clean and dependable energy to households and businesses through solar charging hubs managed by local agents.
- Region
- Sub-Saharan Africa
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T. Rowe Price Launches Blue Bond Emerging Markets Strategy to Help Catalyze Finance for a Sustainable Blue Economy
"The strategy is aligned with UN Sustainable Development Goals 6 and 14, which target clean water and healthy marine habitats, and is classified under Article 9 of the European Union's Sustainable Finance Disclosure Regulation (SFDR)."
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Kenya’s SunCulture Raises USD $5 Million to Scale Solar-Powered Irrigation in Africa
SunCulture offers solar-powered irrigation pumps, providing smallholder farmers with a sustainable and affordable alternative to diesel or manual systems.
- Categories
- Agriculture, Energy, Investing, Social Enterprise, WASH
- Region
- Sub-Saharan Africa
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Afreximbank and Shelter Afrique Development Bank (ShafDB) Forge Strategic Partnership to Unlock US $1 Billion in Investments
In addition to financing, the JPPF also incorporates a robust capacity-building programme aimed at enhancing the project preparation skills of ShafDB staff, etc.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Aavishkaar Capital’s Global Supply Chain Support Fund (GSCSF) Supports the Horizon Group Africa with USD $5 Million Loan to Scale Operations
This is the 8th overall investment by GSC Support Fund across the Global South and the fourth investment in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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South Africa Opens Freight Rail Network to Private Firms
Transnet, which runs the country's freight rail and port services, has faced equipment shortages and maintenance backlogs worsened by widespread cable theft and vandalism, prompting the government to seek private sector involvement.
- Region
- Sub-Saharan Africa
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Africa50, AfDB, and AfCFTA to Bridge Infrastructure Gaps and Drive Digital Transformation
The new partnership between the three institutions aims to dramatically increase this figure by addressing the infrastructure gaps that currently constrain trade flows across African borders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
