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Verdant Capital Makes $2 Million Mezzanine Investment in UsPlus
The Verdant Capital Hybrid Fund has completed an investment of $2 million in South Africa’s UsPlus.
- Region
- Sub-Saharan Africa
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South Africa’s Fintech Scene: NjiaPay Raises USD $1 Million and 6DOT50 Enables Crypto Car Payments
NjiaPay, a South African fintech company, raised USD 1 million in a pre-seed funding round.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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African Leaders Secure US $50 Billion Investment to Bridge Energy Gap
The commitments, announced at the Mission 300 Africa Energy Summit in Tanzania.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Kenyan Startup City Tries to Tackle Africa’s Problem of Urbanizing While Poor
Situated on 2,023 hectares, Tatu City aspires to be what its name suggests: a city, privately owned, that its designers hope will eventually have a population of 250,000.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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REA, GEF, UNDP Sign Deals to Deliver 23 Power Mini-grids to 70,000 Nigerians
An impact-focused initiative active in 21 countries, the Africa mini-grids programme, which was launched in 2022, is being funded by GEF and supported by the UNDP, according to statement issued by the partners.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Standard Chartered Ventures, Yabx Invest US $10 Million in African Fintech Furaha
Standard Chartered's venture arm and Tech Mahindra’s Yabx partner to launch digital lending platform targeting education finance gap in sub-Sahara African markets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, venture capital
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World Bank Approves $100 Million to Boost Water Access and Conservation in Mali
Project to Improve Water Services for 500,000 People and Safeguard Key Water Sources.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- hygiene, rural development, sanitation, water
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Press Release: Rockefeller Foundation Invests US$15.9 Million to Expand Electricity Access at Mission 300 Africa Energy Summit
This latest round of funding builds upon The Rockefeller Foundation’s and the Global Energy Alliance for People and Planet’s (GEAPP) initial US$10 million into the RFCC’s Mission 300 Accelerator.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
