NextBillion - A WDI Publication

Fund for Export Development in Africa (FEDA) and Africa Finance Corporation (AFC) power ARISE IIP’s US $443 Million Capital Raise

ARISE IIP is a leading pan-African developer and operator of world-class industrial parks.

Source

ARISE Integrated Industrial Platforms (link opens in a new window)

Region

Sub-Saharan Africa

Tags

development finance, infrastructure, international trade

MTN Congo Launches 5G, Claims First in Central Africa

MTN Congo announced the deployment of its 5G network in Congo, claiming that the country is the first to launch 5G in Central Africa and a "digital revolution" that will transform Congolese lives.

Source

Techpoint Africa (link opens in a new window)

Categories

Technology, Telecommunications

Region

Sub-Saharan Africa

Tags

digital inclusion, Digital Public Infrastructure, telecommunications

African Development Bank Takes $10 Million Equity Stake in Kenya’s Dhamana Following Anchor Investment From Private Infrastructure Development Group

Dhamana will support access to financing for key sectors including transport, water, renewable energy, and waste management.

Source

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

Categories

Energy, Investing, WASH

Region

Sub-Saharan Africa

Tags

decarbonization, development finance, financial inclusion, infrastructure, waste

EU Announces USD $26 Million Funding for Zimbabwe’s Wildlife and Environmental Management

The European Union (EU) delegation to Zimbabwe has announced a significant investment of USD $26 million to support the revamping of Zimbabwe’s wildlife and environmental management.

Source

The Zimbabwe Mail (link opens in a new window)

Categories

Environment

Region

Sub-Saharan Africa

Tags

development finance, sustainable finance, tourism

Analysis: High Tech, High Yields? The Kenyan Farmers Deploying AI to Increase Productivity

AI apps are increasingly popular among small-scale farmers seeking to improve the quality and quantity of their crop.

Source

The Guardian (link opens in a new window)

Categories

Agriculture, Technology

Region

Sub-Saharan Africa

Tags

artificial intelligence, research, smallholder farmers

Press Release: IFC Invests in Equator Africa Fund I to Support African Climate Sector Tech Businesses

Equator Africa is backing early-stage, tech-enabled companies in sub-Saharan Africa, including those working on green solutions in the energy, agriculture, and mobility sectors.

Source

IFC (link opens in a new window)

Categories

Environment, Technology

Region

Sub-Saharan Africa

Tags

agtech, business development, climate change, innovation, Productive Use of Energy, venture capital

Quebec to Stop Hiring African Nurses to Protect Vulnerable Healthcare Systems

The Canadian province of Quebec will stop recruiting nurses from most African countries to avoid creating shortages of healthcare workers in their countries of origin.

Source

RFI (link opens in a new window)

Categories

Health Care

Region

Sub-Saharan Africa

Tags

employment, public health

EcoSecurities and Kenya Private Sector Association Announce Strategic Partnership to Boost Catalytic Carbon and Climate Finance

The strategic partnership will scale carbon finance for sustainable development whilst rapidly expanding decarbonisation efforts across Kenya.

Source

EcoSecurities (link opens in a new window)

Categories

Energy, Technology

Region

Sub-Saharan Africa

Tags

circular economy, climate change, decarbonization, development finance, partnerships, renewable energy, scale