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IFC and TLG Capital Launch $75 Million Fund to Help African SMEs Stay Afloat
"To help small and medium-sized businesses in Africa access the financing they need, the International Finance Corporation (IFC) and investment firm TLG Capital have launched a new private credit initiative."
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Money Fellows Raises $13 Million in Strategic Funding to Enhance Financial Inclusion in Africa
The new investment aims to enhance and upgrade the company’s digital platform, especially as its user base expands to over 8.5 million users and it continues to collaborate with more than 350 local and regional partners.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Ghana’s Kofa Closes $8.1 Million Pre-Series A Round to Expand Energy Access in Urban Africa
Leveraging its cutting-edge technology and proprietary Internet of Things (IoT) system, Kofa now facilitates over 200 battery swaps daily.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Winner of Musk-Backed $50 Million Carbon Prize Plots Agri Revolution
"Mati Carbon hopes to scale-up ‘enhanced rock weathering’ to improving agricultural yields while removing carbon from the atmosphere."
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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African Researchers Are Working to Cure HIV, but US Aid Cuts Are in the Way
Dozens of trials on HIV ground to a halt in February after US President Donald Trump abruptly pulled crucial funding.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Viewpoint: Nigerian Crypto Companies Should Be Cautious as SEC Recognises Crypto as Securities
"Crypto’s new legal status in Nigeria could come at a cost."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Aruwa Raises $35 Million, Hits 90% of its Fund II Target at Second Close
Aruwa Capital is doubling down on its proven investment strategy, backing high-growth, impact-driven businesses that are transforming key industries in Nigeria and Ghana.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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New African Space Agency to Coordinate Continent’s Work
With the agency, the AU intends to establish a strong base for the continent to coordinate its approach to space activities in support of sustainable development, disaster management, climate change monitoring, and socio-economic growth.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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