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EAAIF Makes Anchor Investment of $28 Million in Africell
The Emerging Africa & Asia Infrastructure Fund has invested in the African mobile operator’s $300m international public bond, the proceeds of which will strengthen mobile and data connectivity for subscribers in four countries.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Camco Signs USD $50 Million Funded Activity Agreement With Green Climate Fund
The GCF’s investment in REPP 2 will be a cornerstone of the fund’s blended finance structure.
- Region
- Sub-Saharan Africa
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Analysis: Systems Change Isn’t One Thing. Financing Should Reflect That
From experimentation to redesign to optimization, the interconnected processes by which systems are changed require distinct forms of funding.
- Categories
- Investing
- Region
- Global
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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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Press Release: Launch of the First Impact Loan Facility for Coral Reef Conservation
The Blue Finance Facility aims to support the development of innovative reef-positive businesses that bolster the Blue Economy in and around the Marine Protected Areas.
- Categories
- Environment, Investing
- Region
- Global
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Mirova Invests $15 Million in African Solar Energy Provider
The funding will help pay for the construction of the firm’s pipeline of projects, aimed at boosting access to renewable energy.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: A First-Of-A-Kind Approach to Building Resilience of Coastal Communities Unveiled to Coincide With UNGA and Climate Week 2024
Reshore360 presents a comprehensive blueprint for protecting at-risk populations living in coastal regions and islands.
- Categories
- Environment
- Region
- Global
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Regulatory Roadblocks are Holding Blended Finance Back: Here are Three Concrete Ways to Address Them
After hitting a 10-year low in 2022, blended finance flows bounced back to a five-year high of $15 billion in 2023. But despite this renewed momentum, Andrew Apampa at Convergence points out that blended finance faces a number of challenges that hinder its ability to scale — including the complex web of policies and regulations that deter highly regulated financial institutions from investing in emerging markets. He discusses these obstacles and presents some promising solutions, as outlined in Convergence’s State of Blended Finance 2024 report.
- Categories
- Investing
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