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African Development Bank Takes $10 Million Equity Stake in Kenya’s Dhamana Following Anchor Investment From Private Infrastructure Development Group
Dhamana will support access to financing for key sectors including transport, water, renewable energy, and waste management.
- Region
- Sub-Saharan Africa
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Report: Google Drives $16 Billion in Economic Growth, $700 Million in Revenue for Developers in Sub-Saharan Africa
Google's new report, titled "The Digital Opportunity of Sub-Saharan Africa," shows the company generated an estimated $16 billion in economic activity across Sub-Saharan Africa for businesses.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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M2P Fintech Secures $102 Million in Series D Funding to Bolster Banking Infrastructure in Emerging Markets
M2P Fintech specializes in providing comprehensive Banking-as-a-service solutions.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Elon Musk’s Starlink Shakes up Competition in Africa
Starlink’s satellite internet rollout across Africa is sparking complaints of unfair competition from telecommunications companies and internet service providers.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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CDRI Launches $2.5 Million to Support Cities for Climate Resilience
Cities in 30 low and middle-income countries including India will be eligible for funding under this urban infrastructure resilience programme (UIRP).
- Categories
- Environment
- Region
- Global
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Press Release: IFC and Airtel Africa Partner to Increase Access to High-Speed Mobile Connectivity in Sub-Saharan Africa
Despite this connectivity gap, up to 86 percent of firms on the continent use mobile phones for business operations, according to IFC's recent report on digital connectivity in Africa.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: A First-Of-A-Kind Approach to Building Resilience of Coastal Communities Unveiled to Coincide With UNGA and Climate Week 2024
Reshore360 presents a comprehensive blueprint for protecting at-risk populations living in coastal regions and islands.
- Categories
- Environment
- Region
- Global
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Kenya Awards $1.3 Billion Power Concession to Adani Group and AFRICA50
The strategic initiative will substantially enhance the country’s power distribution network.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
