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African Development Bank, AU Partner to Launch $300 Million Innovation Fund for Africa’s Tech Future
"The announcement of the innovation fund comes at a time when African countries are seeking sustainable ways to recover from the economic setbacks caused by the COVID-19 pandemic and ongoing global financial uncertainties."
- Categories
- Education, Investing, Technology
- Region
- Sub-Saharan Africa
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Verdant Capital Expands Investment in LOLC Africa to $13.5 Million, Boosting MSME Financing Across the Continent
"Recognised as one of the world’s leading microfinance groups, LOLC targets customers at the “bottom of the pyramid” by improving access to financial services and increasing customer deposits across underserved communities."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Driving the Solar Revolution in Africa Together: EWIA Green Investments Acquires SunErgy
“Investments in solar and infrastructure drive growth and prosperity in Africa while countering the climate crisis," said Ralph Schneider, Managing Director of EWIA.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Ethiopian Securities Exchange, FSD Africa, and FSD Ethiopia Partner to Strengthen Capital Markets
Following the successful launch of ESX, this partnership will establish a framework between the three organizations to pool in their resources and efforts towards targeted market development activities.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Viewpoint: Can Africa Re-Imagine Climate Justice by Breaking Free From Green Capitalism Trap?
"Instead of genuinely addressing the historic inequalities and ecological harm caused by colonial exploitation, it appropriates the language of justice and sustainability to promote business as usual – now just dressed in environmentally friendly packaging."
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Historic Declaration On Artificial Intelligence Launched At Global AI Summit On Africa To Drive Continental Governance And Innovation
Africa's AI landscape is changing quickly. By 2030, AI is projected to contribute a staggering $2.9 trillion to the African economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Power Plays: China’s Changing Energy Financing in Africa
Loans to Africa have been driven by China’s policy banks in support for coal and hydropower, but a more diverse cast of creditors could steer support towards greener ventures.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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New Fund Sabou Capital to Invest up to $1.5 Million in 25 African SMEs
The fund expects a modest 2-3x return on investment—closer to the 3- 5x range typical of private equity—compared to the high-risk 10x expectations of venture capital.
- Categories
- Energy, Environment, Technology, Transportation
- Region
- Sub-Saharan Africa
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