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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
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Nigeria’s Koolboks Raises $11 Million to Scale Solar-Powered Refrigeration Across Africa
The company designs solar-powered refrigeration units that pair ice-battery thermal storage with IoT telemetry.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Ghana’s Complete Farmer Secures $5 Million Funding From Symbiotics to Strengthen Smallholder Farming
Swiss impact investor Symbiotics has provided a USD 5 million debt facility to Complete Farmer, the Ghanaian agritech startup focused on strengthening agricultural value chains in West Africa.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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DEG Provides $50 Million Loan to Tanzania’s CRDB Bank to Boost Small Business Financing and Support Women and Youth Entrepreneurs
This financing will help address a significant gap in access to formal financing for small enterprises, which are vital to the Tanzanian economy.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Mastercard Foundation Continues Africa Push with $10 Million for Sahel Capital
The investment is directed to the Social Enterprise Fund for Agriculture in Africa (SEFAA), a vehicle designed to finance small and medium-sized enterprises (SMEs) that support smallholder farmers across the continent.
- Categories
- Agriculture, Social Enterprise
- Region
- Sub-Saharan Africa
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Black Women-Led Infrastructure Investor Launches in South Africa
The firm’s immediate focus will be on delivering public-private partnership projects across sectors including social infrastructure, healthcare, etc.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Axian Energy and Sika Capital to Build Four Solar Power Plants in Benin in $49 Million Project
Benin is moving forward with a major renewable energy initiative through a partnership between Axian Energy, a pan-African developer, and Sika Capital Bénin.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Female-Led First Circle Capital Raises $10.9 Million for Pan-African Fintech Fund
The fund is dedicated to investing in early-stage fintech startups across Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, startups, venture capital
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