-
Kenyan Startup Solar Panda Acquires Zambian Solar Firm In Expansion Move
"The acquisition adds more than 100,000 customers to Solar Panda’s portfolio and expands its operations beyond Kenya and Senegal."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
Africa Must Not Be a Spectator in its Own Economic Development: The Need for Pension-Backed Private Capital
Ghana’s startup ecosystem — like that of many African countries — is growing rapidly. But Amma Gyampo at Ghana Venture Capital and Private Equity Association points out that this growth is almost entirely funded by foreign capital. She argues that recent cuts in global development budgets have proven that over-reliance on foreign funding is not sustainable, and explains how tapping pension funds as a source of venture capital can provide a massive infusion of local funding into the continent's highest-growth businesses.
- Categories
- Investing, Technology
-
Zero Carbon Charge Secures $5.6 Million to Expand Solar EV Charging Network in South Africa
"The investment will support the company’s efforts to build a national network of solar-powered, ultra-fast electric vehicle (EV) charging stations positioned every 150 kilometres along the country’s major roads."
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, infrastructure, solar, startups
-
SWEN Capital Raises $183 Million for New Ocean Impact Venture Fund
"SWEN’s Blue Ocean 2 fund invests primarily in Series A funding rounds, targeting startups bringing solutions to address key threats affecting ocean biodiversity, including over-fishing, pollution, and climate change."
- Categories
- Environment, WASH
- Region
- Global
-
South Africa Agri-Tech Startup Nile Raises $11.3 Million to Help More Farmers Trade, Transact Digitally
South African agri-tech startup Nile has raised ZAR200 million (US$11.3 million) in funding to accelerate its growth across Southern Africa.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
-
Nigerian Construction Tech Startup Cutstruct Raises $1.5 Million Seed Round
Nigerian construction tech startup Cutstruct has raised US$1.5m in a seed round of funding to help it scale operations.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- housing, infrastructure, startups
-
AURA Raises €13.5 Million to Take African-Born Emergency Tech Global
"Founded in 2017 by Warren Myers, Ryan Green, and Adam Pantanowitz, AURA has emerged as one of the most innovative emergency tech platforms in the world."
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
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
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.