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IFC Seeks $300 Million to Fund Electricity Mini-Grids in Africa
The International Finance Corp. is setting up an entity aimed at lowering the cost of mini grids in Africa, to accelerate plans to connect 300 million Africans to electricity by 2030.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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VC Firm Crane Launches $135 Million Fund in Asia Pacific
Crane Venture Partners was founded in 2015 and invests in technology companies at early stages across multiple regions.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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A New Green Revolution in Indian Agriculture: How Satellite Remote Sensing is Quietly Transforming the Sector
Satellite remote sensing involves the use of satellite-based sensors to capture data about the earth’s surface. According to Sat Kumar Tomer at Satyukt Analytics, this technology is increasingly being used by Indian farmers and the businesses and organizations that serve them, generating data on vegetation health, soil moisture, irrigation patterns and other key drivers of agricultural productivity. He explores how satellite remote sensing is enabling a data-driven revolution in Indian agriculture, and how the sector can overcome barriers to wider adoption.
- Categories
- Agriculture, Environment, Finance, Technology
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Elon Musk’s xAI Secretly Dropped Its Benefit Corporation Status While Fighting OpenAI
While xAI, and its supplier, Solaris Energy Infrastructure, initially promised to use pollution controls with the turbines, those haven’t yet materialized.
- Categories
- Technology
- Region
- North America
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Africa50, AfDB, and AfCFTA to Bridge Infrastructure Gaps and Drive Digital Transformation
The new partnership between the three institutions aims to dramatically increase this figure by addressing the infrastructure gaps that currently constrain trade flows across African borders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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SMBC Invests in Novastar Ventures’ New Fund
This commitment is a clear indicator of a wider, calculated trend of Japanese corporate capital being strategically deployed into Africa’s vibrant and rapidly expanding technology startup ecosystem.
- Categories
- Investing, Technology
- Region
- Global
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A Field-Based Perspective on Sub-Saharan Africa’s Agriculture Crisis: Exploring the Four Critical Dimensions that are Driving Food Insecurity
Food insecurity is no longer just a humanitarian concern in sub-Saharan Africa: It is a business issue. According to Asamoah Oppong Zadok, a researcher and entrepreneur specializing in sustainable agriculture, it constitutes a fundamental business risk with far-reaching implications for the region's economic growth, supply chain stability and geopolitical resilience. He explores the multifaceted structural factors that are driving Africa's agriculture and food security crisis, exploring how business innovators, funders and policymakers can respond.
- Categories
- Agriculture, Environment, Technology
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Nigeria’s Koolboks Raises $11 Million to Scale Solar-Powered Refrigeration Across Africa
The company designs solar-powered refrigeration units that pair ice-battery thermal storage with IoT telemetry.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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