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Microsoft Launches AI Initiative to Empower African Startups
More than 2,400 AI startups in Africa are transforming industries and creating new job opportunities at a rapid pace.
- Categories
- Agriculture, Finance, Health Care, Technology
- Region
- Sub-Saharan Africa
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Seedstars Africa VC Fund Achieves 1st Close at $42 Million
Seedstars Africa Ventures I is addressing gaps in early-stage financing across Africa through investments of up to US$2 million in seed and Series A rounds.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- scale, startups, venture capital
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Ventures Platform Climatetech White Paper Calls for Climate-Resilient Business Models in the African Tech Sector
Proposes a Simplified Framework to Guide the African VC and Startup Ecosystem in Addressing Climate Challenges.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Subsidy and Synergy: How Philanthropy Can Complement Impact Investing More Effectively
The original goal of impact investing was to build out the funding spectrum between philanthropy and commercial investment. But according to Asad Mahmood at SIMA and Nanno Kleiterp, the arrival of private equity firms — promising scale and market-rate financial returns — has pulled all the sector's energy toward the commercial end of the spectrum. They explore the key role philanthropic subsidy has played in the development of emerging markets business, clarify some misconceptions about its role in impact investing, and propose some ways philanthropists and impact investors can better align their efforts.
- Categories
- Energy, Finance, Investing, Social Enterprise
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Sanari Capital Invests $5 Million in Energenic Holdings to Boost Energy Solutions in Africa
With electrification rates averaging only 30% in many regions, there is increasing demand for alternative power solutions, particularly renewable hybrid systems.
- Categories
- Energy, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Teraco to Build JB7, a Vast New Data Centre for AI Workloads in South Africa
The new syndicated loan facility has been arranged through Absa — long a financial backer of Teraco — and other financial institutions, with the money to be used to finance JB7 and other construction projects.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- artificial intelligence, data, scale
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Global Alliance to Scale Up Investments in Smallholder and Family Farming to Combat Hunger and Poverty
The initiative prioritizes smallholder farmers and family farming systems, which are vital to local food security, climate resilience, and poverty reduction.
- Categories
- Agriculture
- Region
- Global
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Global Partnership Channels More Than USD $1 Billion to Scale Up Weather Services for Hundreds of Millions of Farmers Across Asia, Latin America and Africa
A consortium of global partners has committed to mobilizing significant investments over the next three years to drive the implementation of the AIM for Scale Weather Package.
- Categories
- Agriculture, Environment
- Region
- Global