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How African Companies Are Solving the Continent’s Solar Finance Problem
While solar adoption is soaring in wealthier regions, it remains startlingly low in Africa. As of 2022, only about 13 gigawatts of solar capacity had been installed across the entire continent.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Swedfund Invests $5 Million in Bridge Bank Microfinance to Enhance Financial Inclusion in Côte D’Ivoire
BBM has expressed its intention to narrow the market gap by tailoring its offerings specifically to women entrepreneurs and MSMEs led by women.
- Region
- Sub-Saharan Africa
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Partech Closes Its Second Africa Fund at $300 Million+ to Invest from Seed to Series C
Amid a backdrop of global VCs and institutional investors pulling back from Africa, Partech Africa’s recent fund closure is significant.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Impact Management Moves Toward Standardization: How Investors are Harmonizing Their Practices — And Where More Progress is Needed
Impact investing and development finance are promising ways to generate positive impacts and healthy financial returns in emerging markets. But as Thelma Brenes Munoz and Mitzi Perez Padilla at FMO, the Dutch Entrepreneurial Development Bank explain, the lack of standardized impact management practices across different investors has become a key obstacle for the industry. They explore the growing movement toward standardization in impact management, discussing key signs of progress — and what investors can do to accelerate it.
- Categories
- Investing
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Analysis: As Low- And Middle-Income Countries Grapple with the Megatrend of Aging, Development Finance Institutions Are Key
Policies, systems, and interventions that specifically support older adults share significant overlap with those that advance health care, social protection, gender equality, and accessibility overall.
- Categories
- Health Care, Investing
- Region
- Global
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African Development Bank Sells Hybrid Note in Development Finance First
The African Development Bank (AfDB) has sold its long-awaited hybrid capital note.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Climate Finance: Fintech Nithio Raises $10 Million for Its African Operations
The mechanism provides financing to companies that supply clean energy to households and small and medium-sized enterprises (SMEs) in Africa.
- Categories
- Environment, Finance, Technology
- Region
- Sub-Saharan Africa
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Kenyan E-Bus Startup BasiGo Secures $5 Million Debt Facility to Scale Local Production
BasiGo provides state-of-the-art electric buses along with charging and maintenance services for bus operators.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa