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Day: August 15, 2025
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Africa50 Achieves $118 Million First Close for Africa-Focused Green Infrastructure Fund
Africa50, a key infrastructure investor operating across the continent, has completed the first close of its Alliance for Green Infrastructure in Africa – Project Development Fund (AGIA‑PD), raising $118 million in landmark financing.
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Ampersand Raises Capital to Accelerate Electric Motorcycle Expansion in East Africa
Ampersand, a Rwandan electric motorcycle firm, has secured a fresh funding round to grow its operations across East Africa.
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Africa By the Numbers: 600 Million Africans Still Lack Electricity (2024)
Nearly half of Africa’s population, about 600 million people, remain without electricity in 2024.