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MyNextCar Lands $10 Million to Scale Bolt’s Budget Ride-Hailing Fleet in South Africa
Emso Asset Management, a London-based firm with growing interest in mobility ventures across Africa led the round.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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Acumen Invests $1 Million in Somalia’s KIMS to Grow Off-Grid Solar
"Sharia-compliant solar financing to boost energy access in Somalia."
- Region
- Sub-Saharan Africa
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Viewpoint: Afreximbank Downgrade Raises Questions About Bank’s Strategy
"The Cairo-based institution, which has grown by leaps and bounds over the last decade, often seems determined not to be bogged down by orthodox multilateral development bank practices."
- Categories
- Finance
- Region
- Sub-Saharan Africa
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CrossBoundary Access and ANKA Announce $20 Million Mini-Grid Partnership in Madagascar
"This partnership will connect over 62,000 Malagasy people to electricity by 2026."
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Kenyan Startup Solar Panda Acquires Zambian Solar Firm In Expansion Move
"The acquisition adds more than 100,000 customers to Solar Panda’s portfolio and expands its operations beyond Kenya and Senegal."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: Kumulus Water Raises $3.5mln to Redefine Clean Water Access With Off-Grid Tech in MENA and Europe
"Backed by Bpifrance, PlusVC, Flat6labs, Khalys Venture and Spadel, Kumulus to scale Atmospheric Water Generators (AWS) that extract safe drinking water from air without infrastructure."
- Categories
- Environment, Technology, WASH
- Region
- Sub-Saharan Africa
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Analysis: Transsion Wheels Into Africa’s EV Market With Same Playbook That Conquered Mobile Phones
"The Chinese company behind 50% of Africa’s smartphone sales now wants to dominate its roads."
- Categories
- Telecommunications, Transportation
- Region
- Sub-Saharan Africa
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Mediterrania Capital Partners Fund Reaches Final Close
Mediterrania Capital Partners has announced the final close of its fourth fund at €600 million.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, venture capital
