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Press Release: USAID Awards Baobab+ $1.5 Million to Expand Access to Energy and Finance in the Democratic Republic of Congo
In the Democratic Republic of the Congo (DRC) the need for access to energy is massive, with an estimated 9 percent having access to electricity.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Ghana Invests Over $740 Million Into Clean Drinking Water
Bawumia said providing potable drinking water for rural and urban dwellers has resulted in a reduction of sanitation-related diseases such as cholera.
- Region
- Sub-Saharan Africa
- Tags
- impact investing, SDGs, water
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Nigerian Data and Intelligence Company Stears Raises $3.3 Million, Backed by Mac VC and Serena Ventures
The company plans to use the investment to enhance its data collection and analytics capabilities, hire data scientists, data analysts and sector analysts.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- business development, data
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Tugende Closes Pre-series B Funding Raising a Total $10 Million in Equity and Debt Transactions
Fintech platform for MSME credit and asset-financing in East Africa, Tugende has closed a pre-Series B equity funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Safaricom Gets Approval to Launch M-Pesa in Ethiopia
M-Pesa, the Kenyan mobile money service success story that began in 2007, is continuing its expansion, this time into Ethiopia.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Solar Player Orb Energy Secures Additional USD $20 Million Loan From United States International Development Finance Corporation
This loan will also create additional jobs and cut energy costs for businesses, boosting economic growth in a sector that is key to the countrys development goals.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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8B Education Investments Launches $111 Million Initiative to Finance African Student Education
8B Education Investments announced a partnership with Nelnet Bank to originate $30 million of loans over three years.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Africa’s Venture Funding to Hit $7 Billion in 2022
If the continent continues to defy the global harsh microeconomics till the end of this year, it might end up closing the year at $7 billion.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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