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Wanjira Mathai is Championing Climate Action, Sustainability, and African Development

Wanjira Mathai is Championing Climate Action, Sustainability, and African Development

Wanjira Mathai is a distinguished Kenyan environmentalist, climate advocate, and development strategist dedicated to advancing sustainability, reforestation, and climate resilience in Africa.

As the Managing Director for Africa at the World Resources Institute (WRI), she leads transformative efforts aimed at restoring ecosystems, combating climate change, and ensuring that Africa’s development is both inclusive and sustainable.

She is the daughter of the late Nobel Peace Prize laureate Wangari Maathai, a pioneer in environmental activism who founded the Green Belt Movement—an organization that has planted millions of trees while advocating for women’s empowerment and good governance.

Wanjira continues her mother’s legacy by driving initiatives that place African communities at the heart of climate solutions while ensuring that environmental restoration translates into economic prosperity for the continent.

Shaping Africa’s Climate and Development Future

Wanjira’s mission is clear: to drive Africa’s sustainable growth through climate action, nature-based solutions, and the empowerment of local communities.

She believes Africa must not only combat climate change but also seize the opportunities presented by the global green economy to create jobs, restore degraded lands, and ensure food security.

Her work at WRI focuses on three critical areas: restoring Africa’s landscapes and natural ecosystems, accelerating climate action and renewable energy, and championing women and youth in climate leadership.

Through these efforts, she is shaping the continent’s response to environmental challenges while ensuring that sustainability drives economic and social progress.

Wanjira is a leading voice in the African Forest Landscape Restoration Initiative (AFR100), a groundbreaking program that aims to restore 100 million hectares of degraded land by 2030.

By advocating for large-scale land restoration, she seeks to reverse desertification, enhance biodiversity, and improve agricultural productivity across Africa.

She also champions the Great Green Wall initiative, an ambitious African-led movement designed to restore degraded land across the Sahel region, providing climate resilience and new economic opportunities for millions of people who depend on the land for their livelihoods.

As an advocate for climate adaptation and resilience, Wanjira ensures that African countries receive the financial and technological support necessary to transition towards low-carbon economies.

She is a strong proponent of renewable energy solutions, particularly those that empower women and marginalized communities.

Her work with the Partnership on Women’s Entrepreneurship in Renewables (wPOWER) has played a crucial role in advancing access to clean energy, reducing dependency on harmful fossil fuels, and promoting sustainable livelihoods through green entrepreneurship.

Wanjira Mathai is also a global advocate for gender equity in environmental leadership, ensuring that women and young people are actively included in climate decision-making.

She chairs the Wangari Maathai Foundation, a platform that nurtures youth leadership in environmental conservation and civic engagement.

Through this foundation, she empowers young Africans to take charge of their future, advocating for policies and practices that support both environmental sustainability and social justice.  

Beyond her work in Africa, Wanjira is a recognized thought leader on the global stage, influencing key environmental and economic policies. 

Her work has earned her numerous accolades, solidifying her position as a global leader in climate action and sustainability.
 
She has been recognized as one of the TIME 100 Climate Leaders, highlighting her influence in shaping global climate policies and initiatives.
 
In Kenya, she has been honored among the Most Influential Women in Business & Government for her leadership in environmental sustainability.
 
Her dedication to conservation and climate justice has also been acknowledged through the prestigious Earth Hall of Fame Kyoto Award.  

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IFC Proposes $6 Million Investment in Flat6Labs’ New African Startup Fund

New Investments

IFC Proposes $6 Million Investment in Flat6Labs’ New African Startup Fund

Flat6Labs, a leading venture capital firm and startup accelerator in the MENA region, is set to receive a proposed equity investment of up to $6 million in its newly launched fund from the International Finance Corporation (IFC).

The new fund is targeting a total capital raise of $85 million and aims to provide crucial early-stage investment to startups across North, West, and East Africa.

Flat6Labs has positioned itself as a key player in accelerating startup growth in these regions, offering funding, mentorship, and business development support to emerging companies.

A significant portion of the fund—49%—will be allocated to Egyptian startups, reinforcing Egypt’s role as a leading hub for innovation and entrepreneurship in Africa.

This strategic focus aligns with Flat6Labs’ ongoing efforts to stimulate local economies by empowering high-potential startups with the necessary resources to scale.

IFC’s Ongoing Partnership with Flat6Labs

The proposed investment marks IFC’s fourth financial commitment to Flat6Labs, following its participation in three previous funds managed by the firm.

This long-standing partnership highlights IFC’s confidence in Flat6Labs’ ability to identify and nurture promising startups that contribute to economic development and job creation.

As the private sector arm of the World Bank Group, IFC has been actively involved in supporting high-growth startups across emerging markets.

Its latest backing of Flat6Labs aligns with broader efforts to address the financing gap that many early-stage companies face in Africa, particularly those operating in technology-driven sectors with the potential for significant economic impact.

Strengthening Africa’s Startup Ecosystem

Flat6Labs’ latest fund comes at a time when African startups are increasingly attracting global attention, despite challenges such as limited access to capital and economic volatility.

The firm has a proven track record of successfully launching and managing startup accelerator programs, equipping founders with the skills, mentorship, and capital necessary to scale their ventures.

Flat6Labs aims to bridge the funding gap that often hinders early-stage startups from achieving sustainable growth.

The fund’s regional strategy, encompassing North, West, and East Africa, reflects the growing investor interest in African markets as hubs for technological innovation and entrepreneurship.

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Jean-Claude Homawoo is Driving Africa’s Digital Logistics Revolution

Jean-Claude Homawoo is Driving Africa’s Digital Logistics Revolution

Jean-Claude Homawoo is a Togolese-American entrepreneur, technologist, and business leader dedicated to revolutionizing logistics and supply chain management in Africa.

As the Co-founder and CEO of Lori Systems, Homawoo is spearheading efforts to digitize the trucking industry, optimize freight management, and enhance trade efficiency across the continent.

Homawoo, who has a background in engineering, product strategy, and digital innovation, has brought a deep understanding of how technology can drive economic transformation in Africa.

Founded in 2017, Lori Systems emerged as a solution to Africa’s chronic supply chain inefficiencies.

The startup operates as a technology-driven logistics platform that connects cargo owners with transporters, streamlining freight movement across borders and reducing the high costs of logistics that hinder trade and business growth in Africa.

Under Homawoo’s leadership, Lori Systems has evolved into one of Africa’s leading e-logistics firms, managing a vast network of over 20,000 trucks across 12 African countries and facilitating the movement of goods worth more than $10 billion.

Lori Systems has been recognized globally, attracting investments from top-tier investors, including Google’s $50 million Africa Investment Fund.

Through Lori Systems, Homawoo is bridging the infrastructure gap that has long hindered trade efficiency in Africa, offering a digital-first approach to solving logistical bottlenecks.

Homawoo holds a Bachelor’s degree in Electrical and Computer Engineering from Drexel University and an MBA from Harvard Business School.

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Foundation Ventures Secures First Close of $25M Fund to Back Egyptian Startups

New Investments

Foundation Ventures Secures First Close of $25M Fund to Back Egyptian Startups

Cairo-based venture capital firm Foundation Ventures has announced the first close of its new $25 million fund, FVFII, marking a significant step toward strengthening Egypt’s entrepreneurial ecosystem.

The fund aims to support startups at various stages, from early development to scaling regionally and internationally.

With a strong focus on fostering Egyptian startups, Foundation Ventures has built a reputation for backing early and growth-stage companies.

The new fund has garnered support from notable investors, including the Egyptian American Enterprise Fund (EAEF), the Micro, Small, and Medium Enterprise Development Agency (MSMEDA), and entrepreneur Onsi Sawiris.

While the primary investment focus remains on Egypt, a portion of the capital will also be allocated to high-potential startups across Africa.

According to Mazen Nadim, managing partner at Foundation Ventures, Egypt presents a unique opportunity for startups due to its rich tech talent pool and strategic economic position in the Middle East and Africa.

“The currency devaluation provides startups with an advantageous cost structure, allowing them to access top-tier tech talent and refine their business models efficiently before expanding regionally and globally,” Nadim explained.

Beyond financial investment, the firm extends strategic support to its portfolio companies, offering them access to Egypt’s largest enterprise network. This approach is designed to help startups establish a strong foundation locally before pursuing wider market opportunities.

Meanwhile, the Egyptian-American Enterprise Fund sees the partnership with Foundation Ventures as a move toward fostering innovation and economic growth in the region:

“We are confident in the talent and vision of the Foundation Ventures team and committed to supporting entrepreneurs who are shaping the future of the region,” said Yasmine Ghobrial, EAEF’s chief investment officer.

 

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African Leaders Unite to Power 300 Million People With Energy Access in $50 Billion Plan

Key Developments

African Leaders Unite to Power 300 Million People With Energy Access in $50 Billion Plan

Thirty African Heads of State and Government have endorsed the Dar es Salaam Energy Declaration, a landmark commitment to increasing access to reliable, affordable, and sustainable electricity across the continent.

The declaration, adopted at the Mission 300 Africa Energy Summit, is a major milestone in addressing Africa’s energy deficit, where more than 600 million people remain without electricity.

The Mission 300 initiative, supported by governments, development banks, private sector players, and philanthropic organizations, seeks to connect 300 million Africans to electricity by 2030.

At the summit, partners committed over $50 billion in financing to accelerate energy expansion efforts.

The declaration will be submitted for formal adoption at the African Union Summit in February.

National Energy Compacts: Country-Specific Strategies

Twelve African nations—Chad, Côte d’Ivoire, Democratic Republic of Congo, Liberia, Madagascar, Malawi, Mauritania, Niger, Nigeria, Senegal, Tanzania, and Zambia—introduced National Energy Compacts, outlining specific strategies for electricity expansion, renewable energy integration, and attracting private sector investment. The key priorities within these compacts include:

  • Expanding affordable power generation and grid infrastructure.
  • Enhancing regional energy cooperation for improved efficiency.
  • Strengthening utility performance and advancing clean cooking solutions.
  • Leveraging satellite and electronic mapping technologies for cost-effective electricity access solutions.

Successful execution of these plans will require strong political commitment, policy reforms, and the engagement of Mission 300 partners. Concessional financing will also play a crucial role in encouraging private investment in the energy sector.

Financial Commitments and New Investment Platforms

International development institutions announced significant funding pledges at the summit, reinforcing Africa’s energy development agenda:

  • African Development Bank Group & World Bank Group: $48 billion for energy access initiatives through 2030.
  • Agence Française de Développement (AFD): €1 billion for energy expansion.
  • Asian Infrastructure Investment Bank (AIIB): $1 billion – $1.5 billion in funding support.
  • Islamic Development Bank (IsDB) Group: $2.65 billion between 2025 and 2030.
  • OPEC Fund: $1 billion for energy access programs.

Additionally, the World Bank Group and the African Development Bank introduced Zafiri, an investment platform dedicated to scaling private sector-driven solutions such as renewable mini-grids and solar home systems.

The first phase of Zafiri will see anchor partners contributing $300 million, with the objective of mobilizing $1 billion to bridge Africa’s energy financing gap.

The commitments made at the Mission 300 Africa Energy Summit underscore the effectiveness of public-private partnerships in addressing Africa’s energy challenges.  

“By integrating innovative financing mechanisms with policy reforms and private sector collaboration, Mission 300 is poised to deliver tangible results and improve millions of lives,” remarked a summit representative.

Summit Organization and Key Partners

The summit was hosted by the United Republic of Tanzania in collaboration with the African Union, the African Development Bank, and the World Bank Group. Strategic support was provided by key organizations including:

  • The Rockefeller Foundation
  • Energy Sector Management Assistance Program (ESMAP)
  • Global Energy Alliance for People and Planet (GEAPP)
  • Sustainable Energy for All (SEforALL)
  • Sustainable Energy Fund for Africa

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Microsoft to Train One Million South Africans in AI and Cybersecurity by 2026

Key Developments

Microsoft to Train One Million South Africans in AI and Cybersecurity by 2026

Microsoft has announced a new initiative to train one million South Africans in artificial intelligence (AI) and cybersecurity by 2026.

The programme, revealed by Microsoft Africa President Lillian Barnard, is designed to provide participants with industry-recognised certifications, preparing them for opportunities in the global digital economy.

This initiative builds on Microsoft’s ongoing efforts to enhance digital skills in Africa.

Over the past five years, the company has trained four million individuals across the continent and now aims to reach 30 million more within the next five years.

The new programme will focus on AI-driven technologies, cybersecurity fundamentals, and digital transformation, addressing the increasing demand for tech expertise in South Africa and beyond.

While Barnard did not disclose the financial investment behind the initiative, she underscored the importance of digital skills in shaping the future workforce.

By equipping individuals in business, government, and youth sectors with essential technological knowledge, Microsoft hopes to drive innovation, improve employability, and support economic growth across Africa.

As AI and cybersecurity become critical components of the digital economy, Microsoft’s initiative is expected to play a crucial role in bridging the skills gap in South Africa.

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Bayer and Pula Foundation Partner to Insure 10 Million Smallholder Farmers in Africa

Key Developments

Bayer and Pula Foundation Partner to Insure 10 Million Smallholder Farmers in Africa

Bayer and Pula Foundation have partnered to offer insurance coverage to 10 million smallholder farmers across Sub-Saharan Africa and South Asia by 2030.

The initiative aims to mitigate the impact of erratic weather patterns, including droughts and floods, which threaten agricultural livelihoods in these regions.

Supported by Bayer’s Crop Science division, the collaboration will provide financial protection to farmers facing yield losses due to extreme climate events.

Through innovative, data-driven agricultural insurance solutions, farmers will receive compensation for crop damage, enabling them to recover and reinvest in their farms while building resilience against future climate challenges.

To facilitate this ambitious initiative, Bayer Foundation has committed €10 million from its Social Innovation Ecosystem Fund.

This funding is expected to unlock approximately $127 million in insurance coverage for smallholder farmers.

Implementation will be carried out in coordination with national governments and local stakeholders to ensure widespread accessibility and impact.

Highlighting the urgency of the initiative, Matthias Berninger, Executive Vice President of Public Affairs, Science, and Sustainability at Bayer, stated:

“Smallholder farmers face mounting challenges as climate change intensifies. We must equip them to feed their communities and contribute to global food security.”

Rodrigo Santos, President of Bayer’s Crop Science division, emphasized the company’s dedication to sustainable agricultural solutions, noting:

“This partnership with Pula Foundation is a critical step toward building climate resilience for smallholders.”

The partnership builds upon a successful pilot project launched in Zimbabwe in 2021, which initially insured 31,000 farmers and expanded to over one million farmers within three years.

Rose Goslinga, Director of Pula Foundation, stressed the importance of insurance for smallholder farmers, stating:

“Insurance empowers farmers to prepare for volatile climates, reducing reliance on external aid and fostering long-term sustainability.”

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Swedfund Commits €40 Million For Green Projects in Africa, Others

New Investments

Swedfund Commits €40 Million For Green Projects in Africa, Others

Sweden’s development finance institution, Swedfund, has pledged €40 million to improve infrastructure in Africa, the Levant, and South and Southeast Asia.

The funds will be allocated through the Emerging Africa & Asia Infrastructure Fund (EAAIF), an entity under the Private Infrastructure Development Group (PIDG), managed by investment firm Ninety One.

Swedfund’s investment is set to prioritize climate-resilient infrastructure projects that promote adaptation strategies, facilitate the transition to net-zero emissions, and enhance digital connectivity.

These projects may also receive technical assistance from PIDG to support underserved communities, ensuring gender inclusion, climate resilience, and nature conservation outcomes.

The initiative aims to address risk perceptions surrounding infrastructure investments in Africa, foster investor confidence, and attract private capital.

This approach is critical to bridging the financing gap and strengthening capital markets to enhance social and environmental impact.

Infrastructure challenges remain significant across the targeted regions. Africa, for instance, has the highest percentage of people without access to electricity, accounting for 75% of the global population lacking reliable power.

In Asia and the Pacific, an estimated 350 million people have only limited electricity access, while 150 million remain without any power supply, according to data from the Asian Development Bank. 

Limited energy access in South Asia and sub-Saharan Africa also affects digital connectivity and restricts access to essential services.

EAAIF is committed to advancing low-carbon infrastructure solutions while supporting industrial growth in Africa and Asia.

The fund’s work aligns with global net-zero targets and aims to close the energy access gap through mitigation and adaptation strategies.

Commenting on Swedfund’s contribution, Martijn Proos, Co-Head of Emerging Market Alternative Credit at Ninety One, emphasized the long-term impact of the commitment:

“Swedfund’s investment will enable the delivery of climate-resilient and inclusive infrastructure projects that drive economic transformation and improve livelihoods across Africa and Asia. Furthermore, the benefits extend beyond project sites, providing individuals and businesses with the confidence to plan for the future.”

Since its inception in 2001, EAAIF has facilitated high-impact infrastructure development in Africa and Asia, providing patient debt capital for projects valued at over $2.5 billion across various sectors and regions.

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Eyouth and EDT&Partners Launch $6M Initiative to Empower 1 Million Youth in MENA with Digital Skills

New Investments

Eyouth and EDT&Partners Launch $6M Initiative to Empower 1 Million Youth in MENA with Digital Skills

Egyptian skills development startup Eyouth has announced a significant partnership with global education consultancy EDT&Partners, launching a $6 million initiative to equip one million young people across Africa and the Middle East with essential digital skills.

This collaboration, set to commence in February 2025, focuses on training individuals aged 15 to 35 in critical areas such as artificial intelligence, programming, data analysis, digital marketing, and modern pedagogy.

Founded in 2016 and transitioning to an online platform in 2018, Eyouth has developed its training courses designed to help young individuals enhance their careers and acquire necessary skills for the job market.

The partnership with EDT&Partners combines Eyouth’s established expertise in skills development with EDT’s innovative educational technologies.

The program will leverage advanced digital tools and strategic educational frameworks to address the growing digital skills gap in the MENA region, where only 1.7% of the workforce is classified as “digital talent”.

The initiative was unveiled at Bett 2025, a leading education technology event, highlighting the transformative potential of technology in education.

Mostafa Abdel Latif, co-founder and CEO of Eyouth, expressed his commitment to empowering youth:

“To date, we have developed the skills of over three million young people. Through this partnership, we aim to accelerate and empower an additional one million youth to unlock their potential and drive innovation across Africa and the Middle East”

The program will also support qualified educators in the region by providing financial assistance and access to an advanced learning platform that offers interactive training in both English and Arabic.

This initiative is expected to significantly impact educational opportunities within the MENA region, aiming to bridge the gap between current educational systems and the skill demands of the job market.

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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.

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