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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.

The African Development Bank (AfDB) has approved a $100 million loan to support youth and women-led micro, small, and medium enterprises (MSMEs) in Nigeria through the Youth Entrepreneurship Investment Bank (YEIB) initiative.

Ninety One, a leading investment firm, has announced the first close of its third Africa and emerging markets-focused credit opportunities strategy, securing $260 million in commitments.

South African climate-technology firm Plentify has successfully closed a Series A funding round, adding new momentum to its mission of smarter home energy management as it sets its sights on international markets.