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Greenplinth Africa Signs $1.5 Billion Carbon Credit for 80 Million Cookstoves Project
The project involves the procurement, pre-fabrication, assembling and commissioning of highly efficient fuel wood cookstoves as well as planting of 4 billion trees at 50 trees per one cookstove by 2030.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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IZI Secures $221k Grant to Expand Rwanda’s E-Mobility
This funding will facilitate the deployment of five additional electric buses in Kigali.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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AFDB Approves $100 Million for Youth Entrepreneurship Investment Bank in Nigeria
The newly approved bank will provide assistance to young entrepreneurs through technical support, business incubation, quasi-equity, and debt.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: CrossBoundary’s Innovation Lab Finds That Tariff Reduction in Rural Sierra Leone Boosts Usage, but Long-Term Success Requires Broader Support
When electricity tariffs were cut by 41% over a year, energy use surged by 58%.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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IFC Commits $25 Million to Acumen’s Fund for Expanding Energy Access in Africa
The grant encourages solar companies to lower interest rates for end-users by achieving specific key performance indicators (KPIs).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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£2.2 Million Awarded to Groundbreaking Initiatives as PREO Advances Commitment to Productive Use of Renewable Energy Solutions Across sub-Saharan Africa
The programme is backed by the IKEA Foundation and UK aid via the Transforming Energy Access (TEA) platform, in partnership with the Carbon Trust and Mercy Corps’ Energy 4 Impact.
- Region
- Sub-Saharan Africa
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Yellow Card Secures $33 Million to Enhance Stablecoin Services in Africa
The company’s emphasis on stablecoins sets it apart in Africa’s changing digital payments scene since it provides companies with scalable solutions in a continent where financial infrastructure has traditionally been a difficulty.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Power Africa Awards Grants to Increase Access to Solar-Powered Productive-Use Technologies in East Africa
Through its Empower East and Central Africa program, Power Africa is awarding grants to Simusolar and SureChill to distribute solar-powered irrigation and refrigeration solutions to underserved regions in Kenya, Tanzania, and Uganda to boost productive use of energy.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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