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Nigeria Readies $40 Million Startup Seed Fund Backed by Japan
Nigeria had a thriving startup ecosystem even before the startup law was passed, raising more than $2 billion between 2015 and 2022.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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SEforALL Global Forum Mobilized Over $900 Million for Clean Energy
Sustainable Energy for All (SEforALL) has announced the mobilization of more than $900 million to scale energy access and drive the clean energy transition.
- Region
- Sub-Saharan Africa
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African Development Bank to Unlock $10 Billion for African Farmers With New $500 Million Facility
"The facility, designed to close the financing gap for smallholder farmers, will deploy innovative financial instruments. . . "
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, lending, scale, smallholder farmers
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Ethiopia Introduces New Tax to Fill Gap After USAID Funding Pause
Ethiopia with its over 125 million people had been the biggest beneficiary of U.S. aid in sub-Saharan Africa, receiving $1.8 billion in the 2023 financial year.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Zulum Approves N1 Billion Grant to Boost MSMEs in Nigeria
Speaking at the grant disbursement ceremony in Biu, Governor Zulum reaffirmed his administration’s commitment to empowering small businesses and fostering youth entrepreneurship.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- employment, MSMEs, poverty alleviation, youth
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Mirova Announces Financing for Clean Cooking Company Koko
The Mirova Gigaton Fund will enable KOKO to scale up a new type of residential energy utility across Kenya and Rwanda.
- Categories
- Energy, Environment, Health Care
- Region
- Sub-Saharan Africa
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Flutterwave Secures Approval to Offer Remittance Services in Ghana
Nigeria-based fintech gains Bank of Ghana approval to enhance cross-border payments and financial inclusion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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EU Flags Stronger Partnership With South Africa With €4.7 Billion Investment
European Commission President Ursula von der Leyen has announced a €4.7 billion investment package for South Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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