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Nigeria’s Arnergy Raises $18 Million to Scale Solar Lease Plans as Fuel and Grid Costs Soar
The capital injection will be deployed to support Arnergy’s ambitions to install more than 12,000 additional solar energy systems by 2029.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Global Off-Grid Solar Investment Falls 30% Year-On-Year to US $300 Million
This project is a US$750 million investment from the World Bank to improve Nigeria’s energy gap, with US$300 million earmarked for off-grid solar in particular.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Comparing Four Last-Mile Distribution Models: Best Practices and Common Pitfalls in Reaching Rural Customers
Last-mile distributors have found innovative ways to affordably reach consumers living in underserved and/or hard-to-reach areas. As Lucie Klarsfeld McGrath, Jeanne Charbit and Joana Furquim at Hystra explain, these companies use many different last-mile distribution models, tailored to different goods and locations. They discuss the revenue and impact potential of four common models, assessing when they are most relevant, exploring their limitations and optimal conditions for success, and highlighting the key challenges and questions they face moving forward.
- Categories
- Social Enterprise
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Warner Music Group Completes Full Acquisition of Africa-Based Music Distributor Africori
Warner Music Group has completed its full acquisition of Africori, a prominent Africa-focused music distribution, music rights management, and artist development company.
- Categories
- Uncategorized
- Region
- Global
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i3 Shifts Focus to Growth-Stage Healthtech Startups Amid U.S. Aid Suspension
i3 shifts focus to growth-stage African healthtech startups, providing funding and partnerships to address disruptions in medicine distribution caused by U.S. aid suspension.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Press Release: Ignite Power Signs Agreement to Acquire ENGIE Energy Access; Combined Entity to Launch as Ignite Energy Access
This transaction will create Africa’s largest provider of the full range of distributed renewable energy (DRE) solutions.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Gates Foundation-Backed I3 to Invest $1.6 Million in 15 African Healthtech Startups
The initiative will give $50,000 equity free grants to ten early stage startups and up to $225,000 each to five early stage startups who are solving problems in healthcare delivery, pharmacy services, and product distribution.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Press Release: IFC Partners with Sol Agora to Expand Access to Solar Financing and Diversify Brazil’s Energy Mix
Sol Agora is a fintech provider of long-term financing for micro and mini-distributed solar power generation assets across Brazil.
- Categories
- Energy, Finance, Technology
- Region
- Latin America
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