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Kenya’s SunCulture Raises USD $5 Million to Scale Solar-Powered Irrigation in Africa
SunCulture offers solar-powered irrigation pumps, providing smallholder farmers with a sustainable and affordable alternative to diesel or manual systems.
- Categories
- Agriculture, Energy, Investing, Social Enterprise, WASH
- Region
- Sub-Saharan Africa
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Aavishkaar Capital’s Global Supply Chain Support Fund (GSCSF) Supports the Horizon Group Africa with USD $5 Million Loan to Scale Operations
This is the 8th overall investment by GSC Support Fund across the Global South and the fourth investment in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Elon Musk’s xAI Secretly Dropped Its Benefit Corporation Status While Fighting OpenAI
While xAI, and its supplier, Solaris Energy Infrastructure, initially promised to use pollution controls with the turbines, those haven’t yet materialized.
- Categories
- Technology
- Region
- North America
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The ABCs of Catalytic Sunsetting: How Foundations and Other Philanthropic Funders Can Exit Boldly — And Leave a Bigger Legacy
What if the best way to ensure your philanthropic legacy … was to close your doors? As Nancy Swanson-Roberts at Linked Foundation and Kusi Hornberger at Dalberg Capital argue, the world’s most pressing problems demand urgent, bold action that incremental giving over generations often can't enable. They explain why philanthropic organizations like Linked Foundation are deliberately spending down their assets within a defined timeframe to catalyze systemic change — an approach they call “catalytic sunsetting" — and share three strategies that can help any funder exit with purpose and power.
- Categories
- Investing, Social Enterprise
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Accion Announces Close of $61.6M Second Accion Venture Lab Fund Investing in Early-Stage Inclusive Fintech
Accion has announced the final close of a $61.6 million fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally.
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Finnfund Announces €80 Million First Close of Digital Access Impact Fund
The new fund not only focuses on critical digital infrastructure needs but also helps local communities gain better access to key services, according to Hanna Loikkanen, Finnfund´s chief investment officer.
- Categories
- Investing, Technology
- Region
- Global
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Japanese VCs Launch USD $20 Million Early-Stage Startup Fund for Africa & MENA
The fund will invest in four key sectors: finance, mobility, distribution, and sustainability. Furthermore, it will focus on areas such as mobile payments, microlending, digital retail, logistics, and agri-tech.
- Categories
- Investing
- Region
- North Africa & Near East
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Ariya Finergy Secures €500,000 from CEI Africa to Scale Solar Solutions
These projects are expected to deliver more than 6,000 MWh of renewable electricity annually, reducing CO₂ emissions by an estimated 3,000 tonnes per year.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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