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Symbiotics Investments Arranged a USD 10 Million Green Bond for Proparco
The proceeds will support its activity in providing access to energy for off-grid customers in underserved African markets.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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FSDH Merchant Bank Announces $35 Million Facility From International Finance Corporation to Boost Growth of Businesses in Nigeria
The credit facility will be used to improve access to finance for medium-scale businesses in the emerging sectors of the Nigerian economy.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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African Development Bank Fund Offers $8.9 Billion for Vulnerable African Countries
The $8.9 billion replenishment package includes $8.5 billion in core ADF funding and $429 million for the newly created Climate Action Window.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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The French Development Agency Allocates €10 Million for 950 Boreholes in Togo
The funding is intended for the construction of 950 human-powered water pumps in the Savanes and Kara regions.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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African Bitcoin Mining Firm Gridless Raises $2 Million in Funding Round Led by Stillmark, Block Inc.
The mining company focuses on rural communities in East Africa and intends to increase electricity and energy access for the region.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Energy Access and Connectivity Part of African Development Bank Strategy for Ethiopia
The African Development Bank has released its new 2023-2027 Country Strategy Paper for Ethiopia that highlights energy access and connectivity as priorities.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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IRENA Report: Renewable Energy Capacity in Sub-Saharan Africa Was 30% As of 2021
The average yearly additions are less than a third of the annual capacity of 860 GW that needs to be added to meet the 1.5°C scenarios.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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South African Early-Stage Venture Capital Firm 4Di Capital Announces Second Close to New $25 Million Seed Fund
The capital will target seed and post-seed stage startups in South Africa, East Africa, and the continent at large.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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