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Amogy Raises $80 Million to Power Ships and Data Centers With Ammonia
The startup is based primarily in the U.S. but it has found demand for its core technology in Japan and South Korea, countries looking for new ways to expand power generation.
- Categories
- Environment, Technology, Transportation
- Region
- Asia Pacific
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FMO Funds Ugandan E-motorbike Company
FMO has disclosed an approved loan of up to $1 million to Zembo Motorcycles.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Connected Power: Ensuring Africa is Not Left in the Dark — or Offline
Sub-Saharan Africa has both the highest energy access and digital connectivity gaps in the world. As Ravi Suchak at Helios Towers explains, this is due not to a lack of demand, but to fundamental infrastructure barriers: Telecom towers and mobile networks require a reliable power supply, which is often absent or prohibitively expensive in rural areas, and electricity providers need consistent demand to de-risk rural energy investments. He explores a solution that addresses both of these needs: "connected power," a development approach that aligns energy and telecom infrastructure by positioning telecom towers as anchor customers for electrification projects.
- Categories
- Energy, Technology, Telecommunications
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South African Startup Secures $1.8 Million to Transform Energy Market with AI
The round will accelerate product development and customer growth as the company scales to meet rising demand for flexible, decentralised energy infrastructure.
- Region
- Sub-Saharan Africa
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Cape Town’s Open Access Energy Raises $1.8 Million to Scale AI-Driven Electricity Trading
Cape Town-based startup Open Access Energy (OAE) has secured $1.8 million (R32.3 million) in seed funding to expand its AI-powered platform for electricity trading.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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Private Sector Developers Sign Funding Agreement to Fast-Track Rural Electrification in Zambia
This round of funding will stimulate and incentivize end-use demand for energy supplied by 43 existing and new mini-grids across Zambia, bringing reliable and affordable energy to underserved areas.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Report: World is Off Track to Achieve Universal Energy Access by 2030
"While almost 92% of the world’s population now has basic access to electricity – an improvement since 2022 – over 666 million people remain without access . . . "
- Categories
- Energy
- Region
- Global
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African Development Bank’s SEFA and Partners Sign $26.5 Million Deal for Zambia’s Ilute Solar Project
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has committed to contribute $8 million toward a $26.5 million financing package to support the 32 MWp Ilute Solar Project in Zambia.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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