-
Qatar’s Green Sky Capital Backs a Sustainable Aviation Fuel Facility in Egypt
The Qatar-based aviation fuel company, Green Sky Capital, recently secured funding for a sustainable aviation fuel (SAF) production facility in Egypt’s Ain Sokhna, believed to be valued at $500 million.
- Categories
- Energy
- Region
- North Africa & Near East
-
IFC Discloses Proposed $25 Million Investment in Admaius’ Virunga Africa Fund II
The fund is targeting $500 million to invest in mid- to large-cap African companies.
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
Africa’s Energy Future Needs More Than ‘Trickle-Down Electronomics’: Why the Debate Around False Trade-Offs Risks Leaving Millions Behind
Africa’s energy access debate is increasingly focused on the question of whether to prioritize household access or industrial and productive uses that can drive economic growth. But as Ryan Kilpatrick and Patrick K. Tonui at GOGLA argue, the deeper challenge is about understanding how electricity demand, income generation and productivity evolve in practice — and determining how best to balance the technologies, delivery models, financing structures and timelines involved in widespread electrification. They discuss these overlapping factors, and push back against the concept of “trickle-down electronomics” — i.e., the assumption that prioritizing industry will enable governments to expand grids to unserved areas and allow households to afford electricity over time.
- Categories
- Energy
-
Venture Studio OneBio Locks $6 Million First Close to Turn African Lab Research Into Global Biotech Companies
Unlike a conventional VC firm, OneBio works as both an investor and a venture studio, creating biotech companies from the ground up.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
-
Joint Press Release: EU and Partners Sign the Global Green Bond Initiative Fund to Mobilise up to €20 Billion in Investments for Sustainable Infrastructure
At least 20% of investments will target the world's least developed countries, with support for bonds in both local currency and euro.
- Categories
- Agriculture, Environment
- Region
- Global
-
FinDev Canada Provides USD $30 Million Loan to CIFI to Support Inclusive Economic Growth in Latin America and the Caribbean
The loan will enable CIFI to expand access to financing for private sector infrastructure projects in Official Development Assistance eligible countries across Latin America and the Caribbean.
- Region
- Latin America
-
South Africa Refiant AI Raises $5 Million Seed Funding to Help it Expand
The startup has secured a US$5 million seed round, led by VoLo Earth Ventures, a California-based climate technology fund.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
African Development Bank Group Invests Over €7.5 Million in Breega Africa Seed I Fund to Support African Innovative Startups
The fund will focus on five key markets, namely Nigeria, South Africa, Kenya, Egypt and Francophone Africa, which are major hubs on the continent.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.