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$50 Million Fund to Build 15-20 Startups, Says Angel Investing Platform
Inflection Point Ventures (IPV), an angel investment platform, announced the launch of its new fund with a corpus of $50 million.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Google’s Underwater Internet Cable to Connect Togo to Europe
Equiano, Google’s subsea internet cable in Africa, will make its first landing in Togo this month. Google announced this on Friday (18 March 2022).
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Using Blended Finance to Navigate the Pandemic: How an Innovative Funding Vehicle is Helping SMEs Survive COVID-19 and Advance the SDGs
Emerging economies' progress toward the Sustainable Development Goals (SDGs) is behind schedule, and COVID-19 has set their efforts back even further. Margi Goelz at Georgetown University and Bridget Bradley at Tetra Tech discuss the value of blended finance in closing these countries' estimated $2.5 trillion annual SDG funding gap. They explore how an innovative blended finance facility has helped a Kenya-based energy company navigate the pandemic and contribute to the SDGs, and how this approach can support other small- and medium-enterprises (SMEs) in emerging markets.
- Categories
- Coronavirus, Energy, Investing
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Addis Ababa Inks $29 Million Deals With China Firms for Public Transport Upgrade
Authorities in Ethiopia’s capital Addis Ababa have inked a deal worth $29.17 million with two Chinese companies to modernise the transport sector.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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FinTech Kamino Raises $6.1 Million to Help Latin American Startups Raise Funds
Kamino, a FinTech working on a product to help startups with international structure, has raised $6.1 million in a funding round.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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This African Neobank Just Raised $18.5 Million to Expand Financial Access for SMEs in Kenya, Uganda
4G Capital, a notable African neobank with headquarters in Mauritius, announced today that it has finalised a Series C funding round of $18.5 million.
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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AfricaGoGreen Fund Receives $31.5 Million to Promote Private Sector Efficiency Investments
Development finance institution (DFI) the African Development Bank (AfDB) and its Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20-million in the AfricaGoGreen Fund (AGGF) debt fund.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Analysis: Avoiding the Tragedy of the Horizon: Financing Sustainable Infrastructure in Emerging Economies
Net-zero emission goals and global targets for better environmental, social and economic outcomes are found in the Paris Accord and the Sustainable Development Goals (SDGs).
- Categories
- Investing
- Region
- Global
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