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IFC And ALCB Back West Africa’s First Gender Bond To Boost Women Entrepreneurs
The bond aims to address Côte d’Ivoire's significant credit gap for female entrepreneurs by channelling much-needed capital to nearly 1,200 women-owned small and medium-sized enterprises (WMSMEs).
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Khula Secures $6.8 Million Series A Funding to Expand Its Agri-Tech Platform
As Khula builds on its progress, the funding will support further expansion, bringing more farmers and agribusinesses into its ecosystem while strengthening the digital infrastructure that connects them.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Kenya: Refurbished Mobile Phone Company Raises Funding From Proparco
French development finance institution Proparco has granted Kenya-based Badili a $400,000 loan.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Afr-IX Telecom Secures EU Funding for Medusa Africa Submarine Cable
The Medusa Submarine able System, designed to strengthen intercontinental connectivity through the Mediterranean, will now extend further into West Africa.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Equator Raises $55 Million to Support African Climate Tech Startups
Despite Equator’s goal of reducing dependence on aid, its fund is still backed by several DFIs and philanthropic organizations.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Namibia Establishes Regulatory Framework for EV Charging Infrastructure
The regulatory framework comes as Namibia seeks to expand its EV market, aligning with global trends toward sustainable energy solutions.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Press Release: LoftyInc Capital Announces $43 Million First Close of its New Pan-African Seed Fund
LoftyInc Capital Management has secured a $43 million first close for its new LoftyInc Alpha Fund, a late-seed investment vehicle aimed at scaling Africa’s most promising tech startups, particularly in Nigeria, Egypt, Kenya, and Francophone Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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UpEnergy Issues Africa’s First-Ever Electric Cooking Carbon Credits Under Gold Standard’s New Metered Methodology
UpEnergy is a social enterprise dedicated to channeling climate finance to fight energy poverty through decarbonization projects.
- Categories
- Environment, Social Enterprise
- Region
- Sub-Saharan Africa
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