“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
New GX Capital and RMB Ventures have introduced the Airnergize Capital Fund I with an initial commitment of approximately $120 million.
WIOCC Group, a provider of high-capacity internet connectivity in Africa, has secured over $50 million in funding from a consortium of international institutions.
Tech giant Microsoft has unveiled plans to invest approximately USD 285 million (ZAR 5.4 billion) by the end of 2027 to enhance its hyperscale cloud and artificial intelligence (AI) infrastructure in South Africa.
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