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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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Kenya Declares Olkaria a Special Economic Zone to Boost Clean Energy Investments
The 8,292-acre Olkaria SEZ is set to attract local and international investors with incentives such as tax exemptions, infrastructure support, and access to affordable geothermal power.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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BII Provides $100 Million Towards Green Investments and Financial Inclusion in Africa
The funding aims to drive sustainable growth by facilitating lending to climate-related projects and women-led enterprises, expanding financial inclusion, and helping to close the region’s $42bn gender financing gap.
- Categories
- Energy, Environment, Finance, Transportation
- Region
- Sub-Saharan Africa
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