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KawiSafi Announces $90 Million in Approved Capital to Accelerate Climate Solutions Across Africa
With backing from the African Development Bank, the Green Climate Fund, the Schmidt Family Foundation, and the Quadrature Climate Foundation, Acumen’s second KawiSafi fund marks the next chapter for the climate-resilient growth platform developed by Acumen.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Ze-Gen and Clasp Announce Strategic Partnership to Drive Quality and Accelerate Innovation in Solar Generators
ZE-Gen and CLASP will launch a new international Solar Generator competition with $100k in innovation prizes under the Global LEAP Awards.
- Categories
- Energy
- Region
- Global
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Aavishkaar Capital’s Global Supply Chain Support Fund (GSCSF) Supports the Horizon Group Africa with USD $5 Million Loan to Scale Operations
This is the 8th overall investment by GSC Support Fund across the Global South and the fourth investment in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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South Africa Opens Freight Rail Network to Private Firms
Transnet, which runs the country's freight rail and port services, has faced equipment shortages and maintenance backlogs worsened by widespread cable theft and vandalism, prompting the government to seek private sector involvement.
- Region
- Sub-Saharan Africa
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Scaling Youth Entrepreneurship in Africa: A Multi-Stakeholder Approach for Developing Local Ecosystems
Across Africa, governments and development actors are investing in youth entrepreneurship, with funders and international NGOs increasingly partnering with local non-profits to develop better support ecosystems for young entrepreneurs. But as Grégory Valadié and Juan Carlos Thomas at TechnoServe explain, many of these local organizations face limitations in capacity, systems and tools. They explore four ways to maximize these partnerships’ impact by complementing their direct implementation work with systems-level solutions, and leveraging institutions that already reach young people at scale.
- Categories
- Education
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Building Sustainable Sanitation Markets in Africa: Lessons from Uganda and Malawi
Much of Africa's urban population relies on pit latrines, due to the absence of sewer systems. As a result, creating viable markets for affordable and sustainable pit-emptying services is an essential part of ensuring access to safe sanitation across these communities. Cecilia Gamba at LeFil Consulting shares research from Uganda and Malawi, which sheds light on the challenges, opportunities and scalable business models that are emerging in this critical sector.
- Categories
- WASH
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RMI Welcomes 18 Climate Tech Startups From Six Countries to Climate Tech Accelerator Third Derivative
Its portfolio represents 27 different countries, with over $3.7 billion raised by companies since their acceptance to Third Derivative, and over 4,400 jobs created.
- Categories
- Energy, Environment
- Region
- Global
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WDI Partners with Adaptive Change Advisors
Through this partnership, WDI and ACA will develop professional and inclusive programming to bridge the persistent gaps in the innovation ecosystem, etc.
- Region
- Global