NextBillion - A WDI Publication

First Malaria Shots From Biggest Vaccine Maker Deployed in Africa

Malaria has been one of the world’s neglected diseases, with 95% of cases and 96% of deaths occurring in Africa — many of them in the poorer countries of the continent.

Source

Yahoo Finance (link opens in a new window)

Categories

Health Care

Region

Sub-Saharan Africa

Tags

public health, vaccines

Innovate Africa Launches, Announces $2.5 Million Angel Fund for African Early-Stage Founders

The sector-agnostic fund aims to support up to 20 startups in its first year to solve complex, recognised problems.

Source

Tech Build Africa (link opens in a new window)

Categories

Technology

Region

Sub-Saharan Africa

Tags

innovation, startups, venture capital

Bboxx Partners With TotalEnergies Marketing Rwanda to Scale Clean Cooking Access to 1 Million People Across Rwanda

The partnership will see Bboxx providing its innovative technology and PAYGo finance model and TotalEnergies Marketing Rwanda LPG cylinders.

Source

The New Times (link opens in a new window)

Categories

Energy, Technology

Region

Sub-Saharan Africa

Tags

clean cooking, corporations, energy access, partnerships, scale

Norway Invests $307 Million in Electric Mobility Start-ups in Kenya

With the proliferation of mobility start-ups, the preparation of tax incentives and the construction of new electric vehicle assembly plants, Kenya’s green mobility policy is on the up.

Source

Afrik 21 (link opens in a new window)

Categories

Transportation

Region

Sub-Saharan Africa

Tags

e-mobility, startups

NALA Raises $40 Million to Build Cross-Border Payments for Emerging Markets

The new funding will accelerate NALA's global ambitions on its consumer business expanding beyond Africa, and building services for the global migrant diaspora.

Source

Financial IT (link opens in a new window)

Region

Sub-Saharan Africa

Tags

business development, financial inclusion, fintech, remittances

Press Release: Ten African Startups Selected to Receive Funding to Develop Blue and Green Economy Solutions

Recognizing the wealth of ideas and the potential of Africa’s young innovators, BFA Global, FSD Africa, and the IUCN launched the Africa Blue Wave and Regen Wave initiatives to unlock solutions for Africa’s blue and green economies.

Source

BFA Global (link opens in a new window)

Categories

Environment, Investing

Region

Sub-Saharan Africa

Tags

blue economy, business development, climate change, innovation, startups, sustainable business, youth

Luxembourg InsurTech Startup Ibisa Secures $3 Million for Climate Insurance Expansion in Africa

The funding round was led by Acumen Resilient Agriculture Fund (Araf) and Equator, with participation from Asian Development Bank Ventures (ADBV) and existing investors like Ankur Capital.

Source

Empower Africa (link opens in a new window)

Categories

Environment

Region

Sub-Saharan Africa

Tags

business development, climate change, innovation, lending, startups

African Development Bank Grants $17 Million to Promote Gender-Sensitive Agricultural Value Chains in Mauritania

The program aims to increase productivity and add value to agricultural products to boost women's income and support female entrepreneurship in Mauritania.

Source

African Development Bank Group (link opens in a new window)

Categories

Agriculture

Region

Sub-Saharan Africa

Tags

gender equality, gender lens, smallholder farmers, women entrepreneurs