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Coldspace Raises US $3.8 Million in Seed Funding
Coldspace intends to use the funds to expand its service capacity.
- Categories
- Technology
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Press Release: Ignite Power Acquires Mwezi’s Solar Solutions Portfolio in Africa
Mwezi, a well-known distributor of solar solutions in Kenya, has been a key player in the country's solar energy sector for several years.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, scale, solar
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Altech Raises $18 Million to Expand Access to Clean Energy in The DRC
DRC-based Altech Group has secured $18 million in debt financing and grants to expand its solar energy sales and distribution network.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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AgDevCo’s $8 Million Avocado Investment in Kenya to Create 2,000 Local Jobs
Agris’ fast-expanding herb producer, Evergreen Herbs, will grow herbs and vegetables and sell through Evergreen Fresh, Agris’ distribution company.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Asian Development Bank Invests $25 Million In Quadria Capital Fund III For Health Care Investments In Developing Asia
The investment will enhance the quality, accessibility, and affordability of health care in Southeast Asia and South Asia.
- Categories
- Health Care
- Region
- Asia Pacific
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Loom Solar Raises $2 Million Funding from SIMA Funds
Loom Solar has raised $2 Million funding from US based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.
- Categories
- Energy
- Region
- Asia Pacific
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Simba Telecom to Invest $1 Million in New Year Investment Plans to Boost Its Market Presence
The investment will allow Simba Group to reach wider geographical zones and ultimately improve speed to market.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Unleashing Women Entrepreneurs by Challenging Gender Norms: An Innovative Approach to Changing Beliefs Around Household Chores
Globally, women and girls are responsible for three-quarters of unpaid care work, due to the still-common belief that a woman’s role in society is to take care of the home. As Trisha Clauson at Bopinc and Annegien Langedijk-Wilms at Growing Initiatives explain, this is preventing countless women entrepreneurs from building their businesses, reducing emerging markets' GDP by trillions of dollars. They explore an innovative program that leveraged mass media to foster more equitable gender norms around household chores in Nigeria, sharing learnings that can be used by other organizations supporting women entrepreneurs.
- Categories
- Social Enterprise