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Microsoft Announces US $1.7 Billion Investment to Advance Indonesia’s Cloud and AI Ambitions
Investment includes new cloud and AI infrastructure, major AI skilling initiatives, and support for Indonesia’s growing developer community.
- Categories
- Technology
- Region
- South Asia
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Analysis: Tackling Africa’s Most Neglected Infrastructure Problem
Scaling-up irrigation is vital to enable farmers to increase output and improve resilience.
- Categories
- Agriculture, WASH
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, MSMEs, scale, smallholder farmers, water
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Standard Bank Mobilises Market First Debt Fund to Support up to $2 Billion Sustainable Infrastructure in Africa
Standard bank has committed to acre impact capital’s export finance fund I to support the financing of sustainable projects in Africa.
- Region
- Sub-Saharan Africa
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Vodacom Tanzania Acquires Smile for $27.4 Million to Support 4G and 5G Rollout Plans
The agreement grants Vodacom access to Smile's 800MHz and mid-band spectrum. Additionally, Vodacom will use Smile’s 4G LTE network.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Impact Manager Acre Raises $100 Million for African Climate Infrastructure
Typically, export credit agencies guarantee up to 85% of loans and require the rest to be raised privately, yet banks' willingness to fund the remainder has declined as such projects carry a higher capital charge and can be hard to reinsure.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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World Bank Loans Ethiopia $1.72 Billion for Power, Water Supply Expansion
The bank will allocate $523 million to expand the Horn of Africa nation’s electricity network and boost renewable energy generation, according to the ministry’s statement.
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, water
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Report: Africa’s Private Capital Deals Drop for First Time in 7 Years
The report by the African Private Capital Association (AVCA) shows that the volume of deals dropped by 28 percent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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EAIF Commits Additional $30 Million to Support Indorama’s Expansion in Nigeria
The investment enables the construction of a new plant, port terminal, handling stations, and storage facilities in Nigeria.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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