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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.

Germany’s development finance institution DEG has announced a US$25 million commitment to Helios Fund V, the fifth private-equity vehicle managed by London-based Helios Investment Partners.

The International Renewable Energy Agency (IRENA) has welcomed Africa50, a pan-African infrastructure and investment group, as a new partner in its Energy Transition Accelerator Financing (ETAF) platform.

Hypeo Ai, a Moroccan startup offering an AI-powered platform for influencer marketing, has secured funding from Renew Capital to speed up and simplify brand-creator collaborations across Africa and the Middle East.