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USAID launches $4.2 Million Investment scheme to Support 5 local Companies in Ghana
The U.S Ambassador to Ghana, Stephanie S. Sullivan, has announced a new co-investment scheme by the U.S. Agency for International Development (USAID) totaling $4.2 million to support five companies operating in the country.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Addis Ababa Inks $29 Million Deals With China Firms for Public Transport Upgrade
Authorities in Ethiopia’s capital Addis Ababa have inked a deal worth $29.17 million with two Chinese companies to modernise the transport sector.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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The Mastercard Foundation Seeks Partners to Provide Access to Inclusive Financial Services for the Agriculture and Adjacent Sectors in Ghana
The Mastercard Foundation has announced the opening of an Expression of Interest (EOI) process to collaborate with prospective partners in bridging access to inclusive financial services for the Agriculture and Agric-adjacent sectors, to unlock work opportunities for young Ghanaian women and men.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Kenya’s Sokowatch Secures $125 Million Series B, Rebrands to Wasoko
Kenyan startup Sokowatch, an e-commerce company leveraging technology to transform the informal retail supply chain, has closed a US$125 million Series B equity round.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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Spark+ Africa Fund Raises Over $40 Million in a First Close to Invest in Clean and Modern Cooking Solutions in Africa
Spark+ Africa Fund (“Spark+”) launched in partnership with 12 development finance institutions, foundations, family offices, and pension funds as the world’s first impact fund financing clean and modern cooking solutions in developing markets.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Analysis: How Drug Companies Are Sidestepping the WHO’s Technology Transfer Hub in Africa
Once the platform has been fully developed and tested in Cape Town, it will facilitate technology transfer to at least 12 low- and middle-income countries.
- Categories
- Coronavirus, Health Care, Technology
- Region
- Sub-Saharan Africa
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African Development Bank Commits $125.3 Million to Expand Water Resources and Boost Climate Resilience in Dodoma
The program aims to improve water supply for multi-purpose use by developing water resources for Dodoma City and the three towns.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- climate change
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This African Neobank Just Raised $18.5 Million to Expand Financial Access for SMEs in Kenya, Uganda
4G Capital, a notable African neobank with headquarters in Mauritius, announced today that it has finalised a Series C funding round of $18.5 million.
- Region
- Sub-Saharan Africa
- Tags
- impact investing
