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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.

Husk Power Systems, a pioneering cleantech startup operating in Africa and Asia, has successfully concluded its Series D funding round, raising $103 million.

The global climate finance body, the Green Climate Fund (GCF), has pledged up to US$40 million to the third fund of Novastar Ventures in Africa — the Africa People and Planet Fund III (NVIII).

Cairo-based early-stage fintech venture capital firm DisrupTech Ventures has made a strategic investment into Moroccan fintech startup Chari, marking its first deployment in Morocco and only its second investment in Africa outside of Egypt.