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Impact Manager Acre Raises $100 Million for African Climate Infrastructure
Typically, export credit agencies guarantee up to 85% of loans and require the rest to be raised privately, yet banks' willingness to fund the remainder has declined as such projects carry a higher capital charge and can be hard to reinsure.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Pula Raises $20 Million Series B to Provide Agricultural Insurance to Farmers in Africa, Asia and Latam
Global investment manager BlueOrchard led the round through its InsuResilience strategy, which aims to provide access to climate insurance to vulnerable people in emerging markets.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Tanzania Receives Electric SGR Trains From South Korea
The locomotives, acquired from Hyundai Rotem in South Korea, can carry up to 589 passengers and travel at average speeds of 160km per hour.
- Categories
- Environment, Technology, Transportation
- Region
- Sub-Saharan Africa
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Malaria Vaccine Rollout Shines Light on Value of Renewable Power
Millions to be vaccinated in huge public health effort against Malaria, which kills 608,000 a year.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Analysis: How Improved Housing in Under-served Communities Can Strengthen Climate Resilience
Housing is a crucial entry point to advance climate goals and sustainable development.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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World Bank Loans Ethiopia $1.72 Billion for Power, Water Supply Expansion
The bank will allocate $523 million to expand the Horn of Africa nation’s electricity network and boost renewable energy generation, according to the ministry’s statement.
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, water
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Report: Africa’s Private Capital Deals Drop for First Time in 7 Years
The report by the African Private Capital Association (AVCA) shows that the volume of deals dropped by 28 percent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: Revolutionizing Africa’s Digital Payment Landscape: RegTech Africa & Agpaytech Unveil Groundbreaking Research
The research, titled “African Digital Payment Systems and Consumers’ Experience in 2023,” sheds light on pivotal insights driving Africa’s rapidly evolving payment ecosystem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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