Day: June 23, 2025

SEFA Pledges $8M Toward $26.5M Solar Project to Strengthen Zambia’s Energy Supply

Jun 23, 2025

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by

Fred Kennedy

in New Investments

The Sustainable Energy Fund for Africa (SEFA), a trust fund administered by the African Development Bank, has pledged $8 million as part of a broader $26.5 million financing arrangement for the 32-megawatt-peak (MWp) Ilute Solar Project in Zambia.
South Africa’s Open Access Energy Raises $1.8M in Seed Funding to Advance Decentralized Energy Trading Tech

Jun 23, 2025

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by

Fred Kennedy

in New Investments

South African startup Open Access Energy (OAE) has successfully closed an oversubscribed seed funding round worth $1.8 million, aimed at fast-tracking the growth of its AI-powered platforms that support digital energy infrastructure and real-time electricity trading.