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Press Release: World Bank Supports Policy Reform of Ghana’s Energy Sector and Access to Clean Cooking
The PforR will support Ghana’s Energy Sector Recovery Programme (ESRP) to improve the financial viability of electricity distribution and increase access to clean cooking solutions.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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IFC, Proparco and RMB Partner With WIOCC Group to Raise Over $50 Million to Invest in Digital Infrastructure in Africa
With this funding, WIOCC plans to expand its core and edge data centres in the Democratic Republic of the Congo, Nigeria and South Africa to meet data centre services.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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What Does a Changing Cobalt Market Mean for the Democratic Republic of the Congo?
The biggest cobalt producer in the world, the DRC is behind 70% of all supplies. But falling prices are making it harder for the country’s independent miners to benefit.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- employment, mining
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Fibe Raises USD $90 Million in Series E Round
Moving beyond a typical financial solutions provider, Fibe is playing a pivotal role in fulfilling the aspirations of young India - the world's largest workforce.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Rwanda’s EV Startup Ampersand Partners with BYD for Expansion
On Tuesday, June 18, 2024, Kigali-based electric vehicle (EV) energy tech company, Ampersand, signed a landmark agreement with a Chinese–born EV company, BYD, to enhance electric motorbike development and deployment in Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Investment Africa Data Centres Gets Over $100 Million Funding From RMB
The partners in the deal say the financing agreement demonstrates the strong financial position of Africa Data Centres and its commitment to investing in the digital transformation of South Africa.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion
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Renew Capital Backs Zuri’s Tech-Driven Beauty Revolution in Africa
Zuri boasts a robust e-commerce platform, allowing customers to conveniently purchase products online and enjoy home delivery.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Lagos Allocates N1 Billion Seed Fund for Startups
The Lagos State government has allocated N1 billion as a seed fund for startups to the Lagos State Science, Research, and Innovation Council (LASRIC).
- Categories
- Investing
- Region
- Sub-Saharan Africa
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