Day: June 18, 2025

BII, AfDB, and EBRD Commit $479M in Scatec’s Solar Project to Boost Egypt’s Clean Energy Capacity

Jun 18, 2025

—

by

Fred Kennedy

in New Investments

The British International Investment (BII), the African Development Bank (AfDB), and the European Bank for Reconstruction and Development (EBRD)—have pledged a combined $479.1 million to Obelisk Solar Power, a project vehicle owned by renewable energy company Scatec.
Egyptian Startup Octane Secures $5.2M to Expand Fleet Payment Platform Across MENA

Jun 18, 2025

—

by

Fred Kennedy

in New Investments

Octane, a fintech firm specializing in digital payment solutions for fleet operations, has successfully raised $5.2 million in a funding round aimed at accelerating its regional growth and technological development.