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Summit Africa Launches Private Equity Fund II With US $20 Million Anchor Commitment From British International Investment, Supporting Businesses in South Africa and the Southern African Region
The fund will drive financial and digital inclusion, job creation, diversity, and food security as a new sector, through investment in small-to-mid market companies.
- Categories
- Investing
- Region
- Global
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Can New Africa Energy Bank Power a Continent While Protecting the Planet?
A long-planned bank to fund oil and gas projects in Africa must balance profit with climate considerations, experts say.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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BII, Swedfund and Norfund Invest $85 Million in AgDevCo to Support Agribusinesses in Africa
The funding aims at support high-impact agribusinesses to increase productivity and improve food security in rural areas.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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IFC Invests in Lagos Free Zone to Support Industrial Growth and Economic Diversification in Nigeria
The investment in Lagos Free Zone also reflects IFC’s commitment to sustainable development, with a focus on green infrastructure.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: As USAID Is Crushed, There Are Prospects—But Major Limits—For Private-Sector Action
"Still, attracting private capital may now be an essential lifeline for many organizations looking to keep the lights on and their critical work humming. The context is complex."
- Categories
- Environment, Health Care
- Region
- Global
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USAID Watchdog Warns of Lack of Oversight of $8.2 Billion in Unspent Aid After Trump Moves
USAID has lost almost all ability to track $8.2 billion in unspent humanitarian aid over the Trump administration’s foreign funding freeze and idling of staff, a government watchdog warned Monday.
- Categories
- Agriculture, Education, Energy, Environment, Finance, Health Care, Investing, Social Enterprise, Technology, Telecommunications, WASH
- Region
- Global
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Judge Blocks Trump Administration From Placing 2,200 USAID Employees on Leave
Nichols said his temporary restraining order blocking both the administrative leaves and the expedited evacuations would remain in place until Feb. 14 at midnight.
- Region
- Global
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MOPO Secures US $7 Million Financing With British International Investment
This is aimed at revolutionising access to sustainable energy for millions of households and businesses across both urban and rural communities in Africa who suffer from unstable or no grid infrastructure.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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