The Empower Africa Business Platform is Now Live !!!
This funding will expand the organization’s anchor program, Osiris, which aims to foster and unlock advanced weather and climate data services across the continent.
In 2021, TomorrowNow received a $2 million grant from the Gates Foundation to assist one million African farmers in adapting to climate change.
This initiative demonstrated that enhanced access to localized weather information is crucial for applications within the food system, as much as the quality and precision of the data itself.
With this additional funding, TomorrowNow aims to impact 20 million smallholder farmers over the next three years.
The organization will deliver value-added weather intelligence services across Africa to research organizations, non-profit organizations (NGOs), multilateral organizations, private service providers, farmer cooperatives, and government agencies serving Shared Socioeconomic Pathways (SSPs).
The Osiris project utilizes improved historical datasets, observations, and short-term and seasonal weather forecasts from global technology companies such as Tomorrow.io, Salient Predictions, and Arable.
Additionally, it collaborates closely with local government entities and private or non-governmental partners to transform agricultural practices significantly within the region.
The initiative also aims to make next-generation weather and climate information accessible to frontline organizations that support farmers and scientists who are pioneering innovations for the food system.
This enhanced accessibility will improve crop simulation for climate-resilient seed breeding and contribute to the adoption of regenerative farming practices.
“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.
Twelve African entrepreneurs were celebrated for their innovative solutions to poverty during the inaugural FINCA Ventures Prize Competition.
The International Finance Corporation (IFC), Proparco, and Helios Sports and Entertainment Group have announced a strategic partnership to drive growth in Africa’s sports and entertainment sector.
The European Bank for Reconstruction and Development (EBRD) has pledged up to US $80 million as a founding investor in the North Africa Fund III (NAF III).This fund is managed by RMBV.