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Africa Ecosystem Catalysts Facility Expands into Nigeria with USD 450K in First Investments
Backing Trade Lenda and AirSmat, Nigerian startups advancing financial inclusion and climate-smart agriculture through fit-for-purpose capital.
- Categories
- Investing, Social Enterprise, WASH
- Region
- Sub-Saharan Africa
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Kenya’s Arc Ride Raises $33.3 Million to Expand into South Africa
"The model removes the need for riders to own batteries outright, cutting upfront costs while enabling swaps through a network of smart battery-swap stations. Its clientele includes Yadea, one of the world’s largest EV manufacturers."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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World Bank Group and Banco Consorcio Mobilize Financing to Expand Access to Housing and Create Jobs
The two institutions are strengthening their partnership to expand women’s access to mortgage lending, helping reduce Chile’s housing deficit and support the recovery of the construction sector, a key driver of employment and economic growth.
- Categories
- Investing
- Region
- Latin America
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South Africa Secures $405 Million NDB Financing for Water and Healthcare Infrastructure
The scheme will involve extending and upgrading bulk water pipelines, expanding treatment capacity and developing water storage infrastructure.
- Region
- Sub-Saharan Africa
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Indermit Gill’s Parting Thoughts as He Exits the World Bank
Outgoing World Bank chief economist talks debt and discord, while Germany slashes development aid and low- and middle-income countries search for bankable climate solutions.
- Categories
- Education, Energy, Environment, Finance, Health Care, Investing, Technology, WASH
- Region
- Global
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Analysis: Big Aid Is Over
"In Africa, governments have little to spend, and—in the short run, at least—these cuts are really going to hurt."
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Financing AI Transformation in LMICs: What Multilateral Development Banks Must Do Differently
Multilateral development banks have spent the last decade building the foundations of digital economies across low- and middle-income countries (LMICs), and the broadband networks, digital ID systems and other priorities they've financed are helping to make AI deployments in these markets possible. But as Kunal Walia at Dalberg Advisors explains, this funding often goes toward piloting individual use cases, expanding digital infrastructure or creating an enabling environment, rather than uniting these different components into holistic AI systems that aim to scale. He argues that multilateral development banks must rethink their approach to ensure that the infrastructure they've helped build can actually enable AI transformation.
- Categories
- Investing, Technology
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Eight More Nations Pledge New Circular Economy Roadmaps in Africa
As part of this second phase of the National Roadmaps for the Circular Economy (NCER) program, Angola, Liberia, Madagascar, and Senegal will develop their own roadmaps by identifying priority sectors, aligning institutional efforts, and tailoring strategic guidelines to their local productive structures.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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