-
World Bank Grants South Africa a $1.5 Billion Loan for Infrastructure Upgrade and Green Energy Transition
Deteriorating rail systems, jammed ports and frequent blackouts have hindered vital industries like mining and auto manufacturing in South Africa, contributing to slow economic growth over the last decade in Africa’s most developed economy.
- Region
- Sub-Saharan Africa
-
Cape Town’s Open Access Energy Raises $1.8 Million to Scale AI-Driven Electricity Trading
Cape Town-based startup Open Access Energy (OAE) has secured $1.8 million (R32.3 million) in seed funding to expand its AI-powered platform for electricity trading.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
-
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
-
Sierra Club Foundation Announces Break from BlackRock/Aperio In Favor of More Financially Responsible Asset Managers
The decision to switch asset managers follows refusal by BlackRock to address the systemic financial implications of the climate crisis in its investment and stewardship decisions.
- Categories
- Environment, Investing
- Region
- Global
-
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
-
Zero Carbon Charge Secures $5.6 Million to Expand Solar EV Charging Network in South Africa
The investment will support the company’s efforts to build a national network of solar-powered, ultra-fast electric vehicle (EV) charging stations positioned every 150 kilometres along the country’s major roads.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
-
Viewpoint: Cleaner Fuel Push in Rural India Needs More Energy
"Major progress has been made in improving rural households’ access to clean cooking energy through the Ujjwala Scheme. However, hurdles remain. . ."
- Categories
- Health Care
- Region
- Asia Pacific
-
Brazil, Others to Tap $1 Billion Industry Decarbonisation Programme
The countries will all be able to access cheap financing from CIF's Industry Decarbonization Investment Program, with every $1 expected to draw in $12 in financing from other sources, including development banks and the private sector.
- Categories
- Environment, Finance
- Region
- Global
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.