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Funding African Solutions to the Climate Crisis: Why Local Venture Capital Innovation Holds the Key to Climate Resilience
Africa contributes just 4% of global carbon emissions and faces the world’s most devastating climate impacts — yet it receives only 3.3% of global climate finance (as of 2021/22). Dotun Olowoporoku and Dolapo Morgan at Ventures Platform argue that this disparity presents an urgent need for locally-developed innovation driven by African venture capital. They explore how African VCs can leverage this opportunity to play a central role in the continent’s climate response.
- Categories
- Agriculture, Energy, Environment, Investing
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Ghana’s Kofa Closes $8.1 Million Pre-Series A Round to Expand Energy Access in Urban Africa
Leveraging its cutting-edge technology and proprietary Internet of Things (IoT) system, Kofa now facilitates over 200 battery swaps daily.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Raiven Capital Launches $100 Million Climatech Fund Anchored by Frog Lake First Nation Investing in Scalable Climatech
"Raiven's Climatech Fund serves as a platform to commercialize Indigenous-led innovation, blending traditional knowledge systems such as "two-eyed seeing" with frontier technologies to develop practical, market-driven solutions in digital infrastructure and clean energy innovation."
- Categories
- Environment, Investing
- Region
- Global
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Longi Solar Europe Powers Latin America Energy Shift With Key Utility-Scale Alliance
"The initiative, developed in partnership with a leading global energy developer, leverages LONGi’s Hi-MO 9 modules to address complex energy challenges across sun-drenched and variable climates."
- Categories
- Energy
- Region
- Latin America
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ALTÉRRA, Brookfield Invest $100 Million in Indian Renewable Energy Platform Evren
ALTÉRRA was established in December 2023, with a $30 billion commitment from the UAE, and with a goal to mobilize $250 billion by 2030, aimed at driving private capital towards climate investments.
- Categories
- Energy, Technology
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Distributed Energy Is Driving Latin America’s Energy Transition
Consumers have become a central player in the region’s transition by generating their own clean energy and even selling it on the market.
- Categories
- Energy, Technology
- Region
- Latin America
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World Leaders Rally for ‘Full-Speed’ Climate Action Ahead of COP30
The goal was to accelerate global climate ambition ahead of COP30, which will be hosted in Brazil.
- Categories
- Environment
- Region
- Global
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South Africa’s Zimi Secures $320,000 to Test Turning EVs Into Power Stations
"By integrating vehicle-to-grid (V2G) technology into this strategy, Zimi plans to offer fleet operators charging solutions and turn idle EVs into energy that can feed power back into their facilities or the grid."
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, renewable energy, solar
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