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Press Release: Rockefeller Foundation, Global Energy Alliance Invest More Than US $100 Million to Expand Electricity in Africa
Since The Rockefeller Foundation and the Alliance first announced their initial US$10 million commitment, their collective support has grown to more than US$100 million for Mission 300 in 23 countries to date.
- Region
- Sub-Saharan Africa
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Press Release: Rockefeller Foundation to Expand Mission 300 Fellowship Program to at Least 18 African Countries
The Rockefeller Foundation with the Mission 300 Accelerator and the nonprofit Energy Corps are providing additional support to CoAction Global to develop a cohort of “Clean Cooking Fellows” to strengthen institutional capacity to develop investable projects within countries’ CDMUs.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Pyramidia Ventures Secures US $1.5 Million to Scale Agri-Tech Startups and Address Food Security Challenges in Africa
This latest funding round includes US$1.3 million in capital from the Dutch impact investor Triple Jump, alongside US$200,000 in technical assistance and business development support from the Dutch Good Growth Fund.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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P4G Awards $3.8 Million to 14 Climate Startups Driving Green Innovation in Emerging Markets
This funding will help these early-stage businesses grow breakthrough solutions making them investment-ready to accelerate green growth in emerging markets.
- Categories
- Energy, Finance, Technology
- Region
- Global
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To Truly Innovate, WASH Funders Need to Get Their Hands Dirty: Key Learnings from Five Years of Pioneering Impact-Linked Finance in Water, Sanitation and Hygiene
The water, sanitation and hygiene (WASH) sector faces a funding gap of around US $138 billion per year if it hopes to reach SDG 6’s goal of universal WASH access by 2030. According to Arnaud Alt and Annemarie Mastenbroek at Aqua for All, and Christina Moehrle, to address this shortfall, funders need to develop more hands-on financing approaches, working closely with entrepreneurs and organizations to better understand their context, challenges and needs. They explain why Impact-Linked Finance (ILF) represents one such approach, and share two key lessons from Aqua for All's "ILF for WASH" program.
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Verdant Capital Expands Investment in LOLC Africa to $13.5 Million, Boosting MSME Financing Across the Continent
"Recognised as one of the world’s leading microfinance groups, LOLC targets customers at the “bottom of the pyramid” by improving access to financial services and increasing customer deposits across underserved communities."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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New Fund Sabou Capital to Invest up to $1.5 Million in 25 African SMEs
The fund expects a modest 2-3x return on investment—closer to the 3- 5x range typical of private equity—compared to the high-risk 10x expectations of venture capital.
- Categories
- Energy, Environment, Technology, Transportation
- Region
- Sub-Saharan Africa
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Deetken Impact’s Ilu Women’s Empowerment Fund Awarded $750K Grant to Advance Gender-Responsive Climate Finance Initiatives in Latin America and the Caribbean
The grant will support a combination of catalytic investment capital and technical assistance to unlock resources and knowledge at the intersection of climate action, gender equality, and health.
- Categories
- Investing
- Region
- Latin America
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