The Empower Africa Business Platform is Now Live !!!
This strategic partnership aims to expand access to efficient cold storage infrastructure across the continent, tackling food waste and empowering rural communities.
Only 5% of African fresh produce enters the cold chain compared to Europe’s 94%. This stark disparity results in devastating losses – 30-50% of food spoils before reaching consumers.
InspiraFarms Cooling has stepped in with its innovative precooling and cold chain technology, tailored for African markets. From cold rooms and pre-coolers to packhouses and long-term storage facilities, their solutions offer:
InspiraFarms Cooling’s journey embodies the potential of technology to drive positive change.
With CEI Africa’s backing, they are poised to revolutionize Africa’s cold chain landscape, ensuring a future where food loss is minimized, rural communities thrive, and sustainability reigns supreme.
“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.

BasiGo, a Kenyan electric bus company operating in Kenya and Rwanda, has announced a $5 million debt financing agreement with British International Investment (BII), the UK’s development finance institution and impact investor.

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.

Swoop, a food delivery startup founded in Eswatini, has secured $7.3 million in seed funding as it prepares to enter Nigeria, marking its first expansion beyond its home market.