Day: October 25, 2026
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Ground Up Investing Secures $6 Million First Close for Fund Targeting East African Agribusinesses
Ground Up Investing, the impact investing arm of Corus International, has announced a $6 million first close for its second fund, which will provide working capital loans to agricultural businesses in Kenya, Uganda and Rwanda, alongside three Latin American markets.
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Camco’s REPP 2 Provides $13.5 Million to Afreenergy Solar for Senegal Expansion
Afreenergy Solar has secured a senior debt facility equivalent to approximately $13.5 million from the Renewable Energy Performance Platform 2 (REPP 2), a private debt fund managed by UK-based Camco, to refinance operating rooftop solar assets and develop new solar and battery storage projects for businesses in Senegal.
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AfDB and UNDP Advance $10 Billion AI Initiative, Plan Expansion to 20 African Countries
The African Development Bank Group and the United Nations Development Programme (UNDP) are advancing implementation of their AI 10 Billion Initiative, which aims to mobilize $1 billion annually over the next decade to support artificial intelligence adoption across Africa.