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VC Firm Ventures Platform Closes Pan-African Fund II at $84 Million
The firm targets companies that bridge infrastructural gaps and promote prosperity by eliminating access barriers and reducing delivery costs across the continent by identifying companies that address non-consumption through market-creating innovations.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Against Malaria Foundation Receives US $276 Million Grant from GiveWell
Approximately 90 million nets will be funded to protect 160 million when they sleep at night from the bites of malaria-carrying mosquitoes, that would otherwise cause severe illness or worse.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Africa Finance Corporation Launches Infrastructure Climate-Resilient Fund Nigeria to Mobilise Domestic Institutional Capital
Registered with the Securities and Exchange Commission (SEC) as a closed-end fund, ICRF Nigeria is designed to channel capital from pension fund administrators (PFAs), insurers, asset managers and other Nigerian institutional investors towards a diversified portfolio of commercially viable high-impact infrastructure opportunities.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nairobi Targets Creators With New Fees as County Expands Digital Tax Net
The sharpest divide is between local and external filmmakers, with foreign productions paying more than six times what local producers pay for a single shoot.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Angola Launches $211 Million Agricultural Value Chain Project to Transform Eastern Economy and Cut Food Imports
The Eastern Region Agricultural Value Chain Development Project is designed to support production, processing, storage and marketing across crops including wheat, rice, soybeans, beans, groundnuts, cassava, coffee, cocoa and palm oil. The African Development Bank approved $211.4 million for the project in November 2025.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Nigeria Approves NIGCOMSAT-2A, 2B Satellites to Boost Broadband and Digital Sovereignty
The satellites are expected to expand Nigeria’s satellite capacity, improve broadband connectivity and reduce the country’s reliance on foreign satellite infrastructure.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Vox, Frogfoot Raise $900 Million to Expand Broadband to 360,000 South African Homes Yearly
According to a Bloomberg report on Monday, the companies, which are units of the Johannesburg-based Vivica Group, raised R8.4 billion in equity funding and R6 billion in debt.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Sun Mobility Launches Battery Swapping Network in Kenya
SUN Mobility's Kenya launch builds on a platform already proven in India, where more than 125,000 vehicles run on over 2,000 stations across 25 cities, supported by more than 30 vehicle manufacturer partners.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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