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“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.

OmniRetail, a Nigerian startup helping informal retailers manage supply chains digitally, has secured $20 million in Series A funding.

The International Finance Corporation (IFC) and Proparco have announced a joint investment of up to $50 million in Helios Sports and Entertainment Group (HSEG), a company focused on developing Africa’s sports, media, and entertainment industries.

Founded in 2018, Raise is on a mission to help African startups to manage equity, seed rounds, legal compliance, and close deals faster.