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Press Release: DFC Announces New U.S. Financing for Africa’s Lobito Corridor
DCEO Biswal celebrated DFC’s longstanding partnership with the Africa Finance Corporation (AFC), which is spearheading Phase II of the Lobito Corridor.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: IFC and SIMA Launch $150 Million Solar Green Bond for African Solar Developers alongside Finland and GEAPP
IFC, a member of the World Bank Group, in partnership with Social Investment Managers and Advisors LLC and other financiers have reached the first close of a $150 million solar green bond, which will finance productive-use solar projects throughout Africa.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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MTN and JUMO Introduce Qwikloan to Redefine Lending in South Africa
Joe Mucheru, President of JUMO, underscores the impact of partnerships in driving financial inclusion and creating opportunities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Tanzanian Healthcare Startup, Medikea, Receives Funding to Address Health Issues Triggered by Climate Change
Harnessing innovation, Medikea tries to bridge the healthcare accessibility gap by integrating around-the-clock telemedicine services and strategically sited clinics.
- Categories
- Environment, Health Care
- Region
- Sub-Saharan Africa
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Africa’s Ed-Tech Sector Has Unlimited Potential, but Lack of Funding Holds It Back
Sub-Saharan Africa has the highest rates of education exclusion of the six developing world regions, according to the World Bank.
- Categories
- Education, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- edtech, scale, venture capital, youth
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Uganda-Based Electric Cooking Startup PowerUP Announces Successful Initial Close of its Seed Round
PowerUP is at the forefront of transforming cooking habits in Africa, introducing households to a new era of clean and efficient electric cooking.
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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Press Release: Bboxx Commits to Africa’s Future as It Moves Global HQ to Rwanda
Bboxx is planning to train nearly 1000 more Rwandans in the next 5 years and invest USD$100 million in the country.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Climate Finance: London Guarantees $239 Million from the African Development Bank for Benin and Mauritius
As part of the “Room to Run” (R2RS) program, the African Development Bank (AfDB) is lending $239 million to Benin and Mauritius.
- Region
- Sub-Saharan Africa
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