The Empower Africa Business Platform is Now Live !!!
Beacon Power Services (BPS), an innovative energy technology company, has successfully secured funding through a Series A financing round.
“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.

Innovate Africa, a newly established angel investment fund, has begun operations with an initial commitment of $2.5 million.

South African renewable energy company Mulilo Energy Holdings has secured a major investment of $75 million from the Norwegian development finance institution Norfund.

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.