NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Nigeria’s Koolboks Raises $11 Million to Scale Solar-Powered Refrigeration Across Africa

The company designs solar-powered refrigeration units that pair ice-battery thermal storage with IoT telemetry.

Source

TechBuild Africa (link opens in a new window)

Categories

Energy, Technology

Region

Sub-Saharan Africa

Tags

climate health, impact measurement, innovation, Internet of Things, off-grid energy, PAYGO finance, results-based financing, scale, solar, startups

Terraton Secures $11.5 Million to Scale Biochar Carbon Removal in Africa

Biochar, which converts agricultural waste into stable carbon while improving soil health, has become one of the most proven and scalable carbon removal methods.

Source

Carbon Herald (link opens in a new window)

Categories

Environment, Investing

Region

Global

Tags

decarbonization, scale, sustainable finance

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.

Source

William Davidson Institute at the University of Michigan (link opens in a new window)

Region

Global

Tags

business development, innovation, partnerships, scale

Ariya Finergy Secures €500,000 from CEI Africa to Scale Solar Solutions

These projects are expected to deliver more than 6,000 MWh of renewable electricity annually, reducing CO₂ emissions by an estimated 3,000 tonnes per year.

Source

Solar Financed (link opens in a new window)

Categories

Energy

Region

Sub-Saharan Africa

Tags

business development, crowdfunding, decarbonization, energy access, impact investing, lending, MSMEs, renewable energy, scale, solar

EcoSecurities and Energy Quest Foundation Launch Strategic Partnership to Accelerate E-Mobility Activities Throughout Africa

The partnership aims to unlock new sources of catalytic finance to accelerate the rollout of sustainable e-mobility infrastructure and services.

Source

EcoSecurities (link opens in a new window)

Categories

Energy, Transportation

Region

Sub-Saharan Africa

Tags

decarbonization, e-mobility, infrastructure, partnerships, scale

54 Collective, Formerly Founders Factory Africa, Shuts Down Venture Studio Amid Mastercard Foundation Dispute

54 Collective, the venture firm formerly known as Founders Factory Africa, has shut down its venture studio operations as its partnership with the Mastercard Foundation ended in legal action.

Source

Disrupt Africa (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

agtech, business development, healthcare technology, NGOs, partnerships, scale, startups, venture capital

Waterhub Raises Seed Funding to Expand Sustainable Drinking Water Access Across Indonesia

By eliminating the need for plastic packaging and reducing transportation, Waterhub offers an environmentally and economically sustainable alternative to bottled water.

Source

TechNode Global (link opens in a new window)

Categories

WASH

Region

South Asia

Tags

infrastructure, Internet of Things, scale, startups, waste, water

Space42, Microsoft, and Esri Sign Memorandum of Understanding to Enhance Mapping Capabilities Across Africa

Over the next five years, the initiative will map 54 African countries and benefit over 1.4 billion people.

Source

Space42 (link opens in a new window)

Categories

Technology

Region

Sub-Saharan Africa

Tags

data, infrastructure, scale