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Swedfund Commits to Novastar Ventures Fund
Through this indirect investment, Swedfund aims to catalyse funding for early-stage African businesses across sectors.
- Categories
- Energy, Investing, Transportation
- Region
- Sub-Saharan Africa
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Press Release: 20 Million People Improved Their Energy Access Through Off-Grid Solar in 2024, According to the New Global Off-Grid Solar Market Report
"Demand for off-grid solutions remains high despite negative macroeconomic factors like high inflation and climate emergencies, and it is considered the most cost-effective way to power almost half of the new connections under Mission 300."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Rethinking Education to Re-Engage Youth: Why It’s Time to Focus on Practical Skill Building
In 2023, 20% of youth globally were not involved in employment, education or training — and there is a concerning skills gap, particularly in low- and middle-income countries (LMICs). Meanwhile, the supply of educated youth is exceeding the supply of skilled jobs in many LMICs, forcing young workers to seek lower-paying jobs unrelated to their education and skills. Jessica Crist at SDG Academy explores these challenges, and explains why they're driving the need for a new approach to higher education, focused on practical skill-building and non-traditional formats like online courses, short-term programs and professional training.
- Categories
- Education, Technology
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MIGA Issues $179.6 Million Guarantee to Back African Clean-Cooking Initiative
The guarantee will support the expansion of KOKO Networks which supplies bioethanol-based cookstoves and fuel to low-income households, helping to replace charcoal and wood with a cleaner alternative.
- Categories
- Energy, Environment, Health Care
- Region
- Sub-Saharan Africa
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Yango Ventures Launches USD 20 Million Fund to Boost Startups Across Emerging Markets
Dubai-based Yango Group launched a USD 20M venture fund to back early-stage startups in MENA, Pakistan, Sub-Saharan Africa, and Latin America.
- Categories
- Finance, Technology
- Region
- Global
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Catalyst Fund Secures USD 260K to Boost Climate Startup in Kenya
Catalyst Fund has been selected by Village Capital as its Ecosystem Building partner in Kenya for the 2025.
- Categories
- Social Enterprise
- Region
- Sub-Saharan Africa
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Seeking Partnership Closer to Home: How South-South Cooperation Empowers Businesses in Developing Markets
While all businesses worldwide face challenges, businesses in the Global South must navigate additional complexities ranging from economic volatility to infrastructure constraints. As Martin Burt at Fundación Paraguaya argues, this creates a need for greater South-South cooperation — i.e., the exchange of technologies, knowledge and other resources between entities in the developing world. He explains the benefits of this practice, exploring how it can enable businesses and entrepreneurs in the Global South to work together to foster innovation and build resilient economic systems tailored to their unique circumstances.
- Categories
- Social Enterprise, Technology
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UK Pledges £7.2 Million to Support Nature Positive Economies in Developing Countries
£7.2M allocated to the International Nature Positive Economy Programme, targeting sustainable development in low and lower-middle income nations.
- Categories
- Environment, Investing
- Region
- Global
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