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BURN Secures US $5 Million Investment From ElectriFI to Scale Electric Cooking in Kenya
BURN, Africa’s leading clean cookstove manufacturer, distributor, and carbon project developer, has received a USD 5 million investment from EDFI Management Company (EDFI MC) through the EU Funded Electrification Financing Initiative (ElectriFI).
- Region
- Sub-Saharan Africa
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Press Release: IFC and Canada Invest in Husk to Catalyze Solar-Powered Economic Growth in Rural Nigeria
The financing will support the rollout of Husk’s portfolio of solar hybrid minigrids in Northern Nigeria, helping address one of the country’s most urgent development challenges.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Mombak Secures $30 Million In Series A Funding To Scale Up CDR Operations
Brazilian startup Mombak has secured $30 million in Series A funding to scale up its carbon removal operations centered around reforestation.
- Categories
- Environment
- Region
- Latin America
- Tags
- decarbonization, forests, scale, startups
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Coal India to Build $3 Billion Clean Energy Projects to Power Green Ammonia Facilities
"The initiative is part of the company’s strategy to offset emissions and support India’s national goal of reaching net zero by 2070."
- Categories
- Energy
- Region
- Asia Pacific
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Singapore’s Granite Asia Announces $250 Million First Anchor Close of Private Credit Strategy
"The fund focuses on secured loans across the Asia-Pacific region with a defensive risk profile, offering stable cash yields alongside enhanced returns through Granite Asia’s technology ecosystem and hands-on value creation."
- Categories
- Investing, Technology
- Region
- South Asia
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The Current Approach to Scaling Impact Capital isn’t Working: Why Addressing the Polycrisis Requires More ‘Impact-Native’ Capital
Impact investing must scale if it hopes to address the interconnected social and environmental problems that comprise the global polycrisis. Yet as Tripp Baird at Builders Fund explains, a substantial amount of "impact" capital flows to large asset aggregator financial institutions whose impact and ESG-branded funds include investments in unaligned or actively counter-productive assets — e.g., sustainability funds that invest in mining companies — making it virtually impossible to effect lasting change. He argues that purpose-driven investors should choose “impact-native” investment firms, which provide a real alternative to the extractive and short-term focus of traditional capital markets.
- Categories
- Investing, Social Enterprise
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Airtel, Starlink Strike Deal to Expand Satellite Internet Access
"With the growing demand for reliable connectivity in facilitating remote education, digital finance, and telemedicine — the telco is betting that satellite internet will play a crucial role in scaling digital access."
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Cocoon Capital Announces First Close of USD 50 Million Fund III to Accelerate Southeast Asia’s Enterprise and Deep Tech Startups
"The fund will continue to target pre-seed and seed-stage investments in B2B software and deep tech startups across Southeast Asia, while selectively exploring opportunities across broader Asia and Australia."
- Categories
- Environment, Health Care, Investing, Technology
- Region
- South Asia
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