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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.

Kenya’s push for green transportation has received a significant boost with a $307 million investment from Norwegian investment fund Norfund.

Sweden’s development finance institution, Swedfund, has pledged €40 million to improve infrastructure in Africa, the Levant, and South and Southeast Asia.

Sanari Capital, a South African private equity firm, has announced the successful final close of its Sanari 3S Growth Fund, raising R1.5 billion (approximately $80 million).