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Cambodia’s ATEC Raises $15.5 Million in Funding Round Co-Led by Lightrock and TRIREC
The rollout will focus on Bangladesh, Cambodia, Malawi, and Nepal, entrenching ATEC’s presence in Asia and Africa.
- Categories
- Energy, Investing, Technology
- Region
- South Asia
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KawiSafi Announces $90 Million in Approved Capital to Accelerate Climate Solutions Across Africa
With backing from the African Development Bank, the Green Climate Fund, the Schmidt Family Foundation, and the Quadrature Climate Foundation, Acumen’s second KawiSafi fund marks the next chapter for the climate-resilient growth platform developed by Acumen.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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AfDB’s Sustainable Energy Fund For Africa to Boost Electric Cooking Expansion
This programme makes clean cooking appliances more affordable and accessible by prefinancing induction cookers and recovering costs through carbon credit sales in the voluntary market.
- Region
- Sub-Saharan Africa
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Report: Cleaner Cooking Could Save 4.7 Million Lives in Africa by 2040, IEA Says
African homes switching to biogas could prevent 4.7 million premature deaths between now and 2040, according to a report published by the International Energy Agency (IEA).
- Categories
- Energy, Health Care
- Region
- Sub-Saharan Africa
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MCFA Signs Agreement With Bidhaa Sasa in Kenya to Scale up Access to Electric Cooking
With the EUR 2.3 million in MCFA funding, Bidhaa Sasa will scale up sales of electric pressure cookers targeting up to 100,000 primarily female customers in rural areas of Western and Central Kenya.
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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MCFA to Support KOKO Networks to Scale up Its Bioethanol Solution for Clean Cooking Across Kenya
The first project from MCFA’s second funding round has been signed with KOKO Networks, a Kenyan provider of clean cooking solutions based on the use of sustainable bioethanol.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Report: World is Off Track to Achieve Universal Energy Access by 2030
"While almost 92% of the world’s population now has basic access to electricity – an improvement since 2022 – over 666 million people remain without access . . . "
- Categories
- Energy
- Region
- Global
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BURN, Trade and Development Bank Group to Expand Access to Clean Cooking in Mozambique, DRC & Zambia
The agreement will support the rollout of BURN’s industry-leading ECOA biomass and IoT-enabled induction cookstoves.
- Region
- Sub-Saharan Africa