Ten African startups have been chosen to receive funding as part of the Africa Blue Wave and Regen Wave initiatives, a collaborative effort to unlock solutions for a sustainable future.
“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.
The Green Climate Fund (GCF) has approved a $50 million equity allocation to REPP 2, a new debt fund that will provide an opportunity to invest in the rapidly growing renewable energy sector in sub-Saharan Africa.
Madica, a pre-seed investment programme dedicated to supporting early-stage startups in Africa, has announced a new $800,000 investment spread in four promising startups.
Nigerian digital identity solutions provider Seamfix has secured $4.5 million in funding to fuel its expansion into five new African countries.
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