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“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.

P1 Ventures, a Pan-African seed venture capital fund, has announced the first close of its second fund at $25 million.

Saviu Ventures, a leading venture capital firm dedicated to investing in promising startups across Francophone Africa, has successfully reached the first close of its second fund, Saviu II.

FARO, a South African startup revolutionizing the fashion industry, has secured $6 million in funding to address textile waste and make fashion more affordable across Africa.