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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
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Senegalese E-Health Startup KERA Raises $10 Million Funding from IFC
Senegalese e-health startup KERA Health Platforms has raised US$10 million in funding from the International Finance Corporation (IFC), a member of the World Bank Group.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Global Development Deal Sealed Before Seville Meeting as US Quits
"Analysts are split over whether the Seville Commitment on development - forged without the US - represents progress or stagnation."
- Categories
- Investing
- Region
- Global
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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
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Viewpoint: Afreximbank Downgrade Raises Questions About Bank’s Strategy
"The Cairo-based institution, which has grown by leaps and bounds over the last decade, often seems determined not to be bogged down by orthodox multilateral development bank practices."
- Categories
- Finance
- Region
- Sub-Saharan Africa
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US $80 Million Partnership to Boost Learning and Strengthen Ghana’s Education System
Private and philanthropic partners, known as SCALE (System Change Architecture for Learning Excellence), have announced a major new investment in the country’s education system during a partnership signing event in Accra.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Press Release: The International Islamic Trade Finance Corporation (ITFC) and the Trade Development Fund (TDFD) Sign Landmark Agreement with Oil Sustainability Program and BURN Manufacturing to Deliver Clean Cooking Solutions in Nigeria
"Notably, the project includes direct support for household LPG refills over a period of eight years, funded through anticipated revenues from carbon credits generated by the clean cooking kits."
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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Swedfund Commits to Novastar Ventures Fund
Through this indirect investment, Swedfund aims to catalyse funding for early-stage African businesses across sectors.
- Categories
- Energy, Investing, Transportation
- Region
- Sub-Saharan Africa