Day: September 16, 2026
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African Development Bank Approves Up to $5.1 Billion Response to Energy and Fertilizer Crisis
The African Development Bank Group has approved a one-year financing framework of up to $5.1 billion to help African countries manage rising energy and fertilizer costs, protect critical imports, and reduce their exposure to future supply shocks.
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Airnergize Capital Closes $239 Million Fund for African Energy, Water and Gas Infrastructure
Airnergize Capital, the clean technology investment platform within New GX Capital, has closed its first fund at approximately $239 million to finance energy, water and gas infrastructure businesses across Southern Africa and other African markets.
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Madica Backs Five African Startups With Up to $1 Million, Enters Algeria and Cameroon
Madica has committed up to $1 million to five African startups, expanding the pre-seed investment program into Algeria and Cameroon for the first time.