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$100 Million Innovation Fund to Fuel African Tech Investments
The Global Innovation Initiative Group (GIIG), an investment vehicle for early-stage tech start-ups, has established a new fund to invest in early-stage tech innovation start-ups across Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation, startups
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Aktivco Signs $71 Million Credit Facility to Supply Green Energy to Telecom Towers in Africa
This credit strengthens their ability to meet the demand of telecom operators for green and efficient energy to secure their networks.
- Categories
- Energy, Telecommunications
- Region
- Sub-Saharan Africa
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PepsiCo Is Bringing Safe Water to Sub-Saharan Africa With $1 Million Programme
PepsiCo's investment aims to help improve water infrastructure, build new water supply systems and appropriate sanitation facilities, and promote hygiene education in Sub-Saharan Africa.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- philanthropy
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Analysis: Renewable Energy Projects in Rural Ghana Have Some Built-in Limitations
Despite efforts, internationally funded renewable energy projects in Africa have often failed after these organizations withdrew their support.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Press Release: The VELUX Group and WWF Embark On Historic Forest Project in Uganda
The first VELUX funded forest project in its 21-year partnership with WWF International has now officially commenced. The 'Natural Forest Regeneration for Enhanced Carbon Stocks in the Albertine Rift' (FRECAR) project will be led by WWF-Uganda in partnership with the National Forestry Authority of Uganda.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- innovation
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Hello Tractor Is Set to Pilot a New PAYG Tractor-Financing Product With the $1 Million Prize Award From Heifer International
Last year, the company suffered as a result of the COVID-19 pandemic. However, the new investment Hello Tractor has received as a co-winner of the US$1.5 million Heifer International AYuTe Africa Challenge served as a silver lining in the business’s dark cloud.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Sequoia Heritage, Stripe and Others Invest $200 Million in African Fintech Wave at $1.7 Billion Valuation
Wave, a U.S. and Senegal-based mobile money provider has received the largest Series A in Africa by a long shot, and is geared toward taking on telecom-led mobile money.
- Categories
- Finance, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Nigeria Based Agricorp Raises $17.5 Million Pre-Series A Funding to Enhance Global Food Systems
Agricorp supports smallholder farmers with inputs and training on good agronomic practices, and with this funding they
will build more processes that enhance global food systems.- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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