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DFC Provides $25 Million Loan for Golomoti Solar Power Plant in Malawi
The project was made possible with the support of several other development finance institutions, including the United States Agency for International Development (USAID).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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To Tackle Plastic Pollution, Partnership Helps Companies See Their Role in the Problem
The amount of plastic going into the environment could be reduced by 80% from 2020 levels by 2040, creating new jobs, saving governments billions of dollars and reducing plastics-related greenhouse gas emissions.
- Categories
- Environment, WASH
- Region
- Global
- Tags
- economic, environment, partnerships, recycling, sustainability, WASH, waste
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Islamic Bank, Africa Development Bank, Others Invest $618 Million in Nigeria’s I-DICE
“Today, Nigeria has five of the seven unicorns in Africa and raised almost $1.4 billion of the total of $4 billion raised by fintech companies across Africa in 2021.”
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Social Enterprises Can Grow Their Revenue and Impact by Partnering with Corporations – Here’s How to Support Them
Against the backdrop of cascading global crises, a growing number of corporations are looking to social enterprises to advance their environmental, social and governance goals. To capitalize on this opportunity to scale social enterprises' revenue and impact, Alexandra Nemeth at MovingWorlds argues that support organizations like impact investors and accelerators should prioritize corporate readiness. She explores five key trends that are driving the momentum behind corporate partnerships with social enterprises, and five ways to build these enterprises' capacity for successful partnerships.
- Categories
- Entrepreneurship, Investing
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Press Release: Pan-African Crypto Exchange, Yellow Card Secures $40 Million in Series B Funding Round
The round, led by Polychain Capital, brings Yellow Card to $57M total raised, more than any crypto company on the African continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenyan Insurtech Firm Turaco Secures $10 Million Series A Round Fundraise
Turaco, the leading insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest.
- Categories
- Finance, Health Care, Technology
- Region
- Sub-Saharan Africa
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Bringing Digital Innovation to the Global Art Market: An Innovative Platform Connects International Buyers to Emerging Markets Artists
Business models across all industries are rapidly embracing digital technology. But as Srikaran Masabathula at TapArt explains, the global art market remains stuck in its centuries-old, brick-and-mortar sales and distribution model – a model that perpetuates the age-old inequities in the art world, preventing talented artists from emerging economies from selling their artwork to global art buyers. He explores how TapArt is leveraging digital innovation to address these critical shortcomings and create a vibrant connection between art lovers and artists worldwide.
- Categories
- Entrepreneurship, Technology
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Amazon Will Donate $10 Million to Help a Million People Get Access to Safe Water
Amazon is helping to launch one of the largest private investment portfolios in water and climate, bringing lasting water access for 100 million people.
- Region
- Asia Pacific
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