Africa’s $150 Billion Infrastructure Gap — and What It Means for the Continent’s Future
Africa faces a $150B yearly infrastructure gap. Explore the causes, climate-finance shortfall, and opportunities for investment across key sectors.
Key Developments
Critical business developments shaping Africa’s economic future
Trending News
E3 Capital and Lion’s Head Climate Fund secure $48M to empower climate-focused startups in Africa
The two firms have joined forces to bridge the funding gap and support promising startups addressing climate change challenges in Africa
Senegal gets $50 million from World Bank to digitize its healthcare system
The investment aims to modernize healthcare services, improve access to quality care, and foster digital transformation in the country’s healthcare sector.
Africa50 Names Sérgio Pimenta CEO of its $275 Million Infrastructure Acceleration Fund
Africa50, the leading pan-African infrastructure investor and multi-vehicle asset manager, has announced the appointment of Sérgio Pimenta as Chief Executive Officer of its Infrastructure Acceleration Fund (IAF).
New Investments
Latest funding rounds and investment opportunities across the continent
SORA Technology Raises Additional $2.5 Million to Scale AI-Driven Malaria Control Across Africa
SORA Technology, a Japanese startup that applies drone and artificial intelligence technologies to public health challenges, has secured an additional $2.5 million in the second close of its late seed funding round.
MasterCard and Premier Bank Launch Digital Payment Platform for Somali Businesses
Mobility startup LULA has announced a significant expansion through the acquisition of UK-based Zeelo’s South African operations.
Tesla Enters Africa with First Office on the Continent in Morocco
Tesla has officially entered the African market by launching its inaugural office in Casablanca, Morocco.
Ghana’s Wahu Mobility and Letshego Partner to Make EV Ownership More Accessible in Africa
Ghanaian electric vehicle (EV) startup Wahu Mobility and financial service provider Letshego have partnered to make EV ownership more affordable and accessible in Africa.
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