-
BII Provides $100 Million Towards Green Investments and Financial Inclusion in Africa
The funding aims to drive sustainable growth by facilitating lending to climate-related projects and women-led enterprises, expanding financial inclusion, and helping to close the region’s $42bn gender financing gap.
- Categories
- Energy, Environment, Finance, Transportation
- Region
- Sub-Saharan Africa
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Oze Secures New Funding to Expand Lending Management Solution Across Africa
The undisclosed round will support the company’s efforts to scale its Lending Management System (LMS), a solution designed to help financial institutions provide unsecured digital loans to small businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- corporations, digital finance, fintech, lending, microfinance, MSMEs, scale
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South Africa Hits Google With R500-Million Demand for News Media
The Competition commission has Google, X, Meta Platforms and other tech and social media companies in its sights.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa’s Startup Funding Crisis Deepens as Mastercard Foundation Exits Top VC Firm
Mastercard Foundation pulls out of its $100 million commitment to African venture capital firm 54 Collective.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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SolarAfrica Secures $98 Million in Implementing the First Phase of Its 1 GW SunCentral Solar Project in South Africa
SunCentral is a large-scale solar photovoltaic plant located between Hanover and De Aer in the Northern Cape.
- Region
- Sub-Saharan Africa
- Tags
- energy access, renewable energy, scale, solar
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European Investment Bank (EIB) Backs Africa Finance Corporation $750 Million Climate Resilient Infrastructure Fund
This landmark initiative will accelerate climate adaptation and sustainable infrastructure across Africa.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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GHIB and BII Announce $50 Million Partnership to Boost Cross-Border Trade Across Africa’s Frontier Economies
"Under a Master Risk Participation Agreement (MPRA), the $50 million facility will enable GHIB to support more businesses and facilitate trade flows in the target countries."
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: China Won’t ‘Replace’ USAID in Africa
While China has spent tens of billions of dollars through trade and infrastructure project loans in Africa over the last decade, it spends significantly less on aid.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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