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Spiro Raises $100 Million, the Largest-Ever Investment in Africa’s E-Mobility
Spiro says it plans to deploy more than 100,000 electric bikes across Africa by the end of 2025, a 400% year-over-year jump that underscores its ambition to dominate a category long considered too fragmented to scale.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Africa Finance Corporation Secures USD $100 Million Facility From Findev Canada, Marking Its Inaugural Transaction in the Canadian Market
The facility will strengthen AFC’s funding base and support a growing pipeline of renewable energy and low-carbon transport projects across Sub-Saharan Africa, further expanding the Corporation’s commitment to climate-resilient infrastructure development.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Ampersand Lands New Funding Aims for 13,000 Electric Motorcycles and a Doubled Battery-Swap Network by 2026
"The fresh capital will fund a rapid roll-out of battery-swap stations and charging infrastructure aimed at cutting riders’ energy costs and shrinking urban emissions."
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Climate Fund Managers Raises Over US $1 Billion for Climate Infrastructure Fund
Created in 2019 alongside the European Commission and the Dutch Fund for Climate and Development, the Climate Investor Two (CI2) fund is designed to close the widening gap in global adaptation finance.
- Categories
- Investing
- Region
- Global
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Medusa Submarine Cable Linking Europe to Sub-Saharan Africa Begins Deployment
The initiative, led by Barcelona-based AFR-IX Telecom, will establish a major data corridor over an 8,700-kilometre path.
- Categories
- Technology, Telecommunications
- Region
- Global
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Mawingu Raises $20 Million to Expand Affordable Internet Across Rural Kenya
Mawingu’s model combines solar-powered wireless technology with a community-focused approach to bring down costs and overcome the logistical hurdles that have kept larger telecommunications companies out of these areas.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Nedbank Invests $28 Million in New GX Capital’s Fund for Clean Energy and Infrastructure in Africa
The fund is purpose-built to channel capital into clean technologies and sustainable infrastructure—including energy, water, gas, and associated services—across Africa.
- Region
- Sub-Saharan Africa
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British International Investment Commits $60 Million to Green Investment Partnership to Close the Climate Finance Funding Gap in South-East Asia
GIP is an innovative blended finance vehicle under FAST-P that has secured $510 million in committed capital from global and regional private, public and philanthropic institutions.
- Region
- South Asia
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