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Paymenow Bags $22.4 Million to Expand On-Demand Salary Services Across Africa
The funding, structured under a sustainable finance format, is one of the largest institutional bets to date on the earned wages access (EWA) model in the region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, lending, scale, startups
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Press Release: Valante Capital Launches Ascend Fund II With $115 Million First Close and Three Strategic Investments
IDC Network's Private Equity arm advances its regional consolidation strategy with anchor platforms in food and distribution across Latin America and the U.S.
- Categories
- Investing
- Region
- Global
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MCFA Signs Agreement With Bidhaa Sasa in Kenya to Scale up Access to Electric Cooking
With the EUR 2.3 million in MCFA funding, Bidhaa Sasa will scale up sales of electric pressure cookers targeting up to 100,000 primarily female customers in rural areas of Western and Central Kenya.
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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Press Release: BlueGreen Water Technologies Partners with Winrock International to Combat Harmful Algal Blooms Across the Globe
The partnership will leverage Winrock's deep experience in agricultural systems and nature-based solutions to optimize watershed management strategies.
- Categories
- Agriculture, Environment, Technology
- Region
- Global
- Tags
- human rights, partnerships, scale, water
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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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MCFA to Support KOKO Networks to Scale up Its Bioethanol Solution for Clean Cooking Across Kenya
The first project from MCFA’s second funding round has been signed with KOKO Networks, a Kenyan provider of clean cooking solutions based on the use of sustainable bioethanol.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Analysis: Local Leaders Are Driving Systems Change. Philanthropy Must Follow.
Now is the time for funders to back local leaders who are making lasting improvements to people's lives and the systems that shape them, even amidst global disruption.
- Categories
- Environment
- Region
- Global
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BURN, Trade and Development Bank Group to Expand Access to Clean Cooking in Mozambique, DRC & Zambia
The agreement will support the rollout of BURN’s industry-leading ECOA biomass and IoT-enabled induction cookstoves.
- Region
- Sub-Saharan Africa
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