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Jacqueline Novogratz and Acumen Raise $300 Million For Off-Grid Solar In Africa
Backers include Green Climate Fund, IFC, Shinhan Bank, Nordic Development Fund and Soros Economic Development Fund.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
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KawiSafi Announces $90 Million in Approved Capital to Accelerate Climate Solutions Across Africa
With backing from the African Development Bank, the Green Climate Fund, the Schmidt Family Foundation, and the Quadrature Climate Foundation, Acumen’s second KawiSafi fund marks the next chapter for the climate-resilient growth platform developed by Acumen.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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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.
- Categories
- Environment, Investing
- Region
- Global
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CrossBoundary Energy Secures US $40 Million Investment From Impact Fund Denmark to Deploy Clean Energy in Africa
The investment will help CBE build its rapidly expanding portfolio of clean energy projects in Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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British International Investment Anchors CRDB Bank’s Landmark Islamic Bond to Promote Financial Inclusion in Tanzania
Tanzania’s first large-scale Islamic bond issued by a private sector institution marks a major milestone in the country’s financial landscape.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Green Alpha Investments Appoints Sustainable Finance Pioneer Erika Karp as President and Partner
As President, Karp will lead strategic partnerships and business development while working closely with the investment team to expand Green Alpha's reach and impact.
- Categories
- Investing
- Region
- Global
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Local Banks Back Sun King’s $156 Million Pay-As-You-Go Solar Financing in Kenya
The scale of this raise highlights Sun King’s leadership in off‑grid energy, but it also accentuates a growing divide in the market.
- Region
- Sub-Saharan Africa
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UK Launches £12 Million Climate Finance Plan to Boost Green Growth and Global Resilience
£12M commitment for disaster risk finance will enable faster responses to climate shocks in vulnerable countries and reduce recovery costs.
- Categories
- Environment
- Region
- Global
