
New Investments
KawiSafi Fund Gets $10 Million Boost from AfDB for Climate Projects

The $200 million KawiSafi Fund II focuses on energy transition, productivity, mobility, and logistics in sub-Saharan Africa.
Amar Inamdar, Managing Director of KawiSafi Ventures, hailed the AfDB’s investment as “catalytic,” emphasizing its role in attracting additional capital to the fund.
KawiSafi Fund I, the fund’s predecessor, has already demonstrated success through investments in companies like d.light, Bboxx, and BioLite.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...

South African Fintech Startup LittleFish Secures Seed Funding Led by TLcom Capital to Empower SMEs
South African fintech startup LittleFish has successfully closed its seed investment round, with TLcom Capital leading the financing and Flourish Ventures participating as a co-investor.

Heading for Change Commits to Invest in KawiSafi and Catalyst Fund to Advance Climate Solutions in Africa
Heading for Change, a donor-advised fund committed to driving climate solutions with women as key agents of change, has announced plans to invest in two transformative climate-focused initiatives targeting emerging markets in Africa.

South Africa’s Tyme Group Raises $250 Million in Series D Funding to Become Africa’s Ninth Unicorn
South Africa’s digital banking innovator, Tyme Group, has secured $250 million in a Series D funding round, propelling its valuation to $1.5 billion.