Author: Fred Kennedy
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Senegalese Startup Logidoo Launches New Corridor to Link Europe and West Africa
Logidoo, a Senegalese-based logistics startup, has unveiled a new international route connecting Belgium to Senegal through Morocco, strengthening trade ties between Europe, North Africa, and West Africa.
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Google Selects 15 African AI Startups for Latest Accelerator Program
Fifteen technology startups from across Africa have been chosen to join the latest cohort of the Google for Startups Accelerator: Africa.
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Schneider Electric Unveils Its First Innovation Hub in Africa
Schneider Electric, a global frontrunner in energy management and automation, has inaugurated its first Innovation Hub on the African continent.
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BII and PIC Sign Strategic Deal to Deepen Investment in Key African Sectors
British International Investment (BII) and South Africa’s Public Investment Corporation (PIC) have formalized a new alliance aimed at strengthening their collaborative efforts to channel investments across Africa.
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Octopus Energy Launches $250M Clean Energy Fund to Accelerate Africa’s Green Transition
Octopus Energy Generation, the clean energy investment arm of Octopus Energy, has unveiled a new initiative aimed at catalyzing renewable energy development across Africa.
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SEFA Pledges $8M Toward $26.5M Solar Project to Strengthen Zambia’s Energy Supply
The Sustainable Energy Fund for Africa (SEFA), a trust fund administered by the African Development Bank, has pledged $8 million as part of a broader $26.5 million financing arrangement for the 32-megawatt-peak (MWp) Ilute Solar Project in Zambia.
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South Africa’s Open Access Energy Raises $1.8M in Seed Funding to Advance Decentralized Energy Trading Tech
South African startup Open Access Energy (OAE) has successfully closed an oversubscribed seed funding round worth $1.8 million, aimed at fast-tracking the growth of its AI-powered platforms that support digital energy infrastructure and real-time electricity trading.
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IFC Backs AMEA Power in Launching Egypt’s First Utility-Scale Battery Storage System with $72 Million Investment
The International Finance Corporation (IFC) has unveiled a significant financing deal to advance Egypt’s transition to sustainable energy, with a $72 million loan package for the nation’s inaugural utility-scale battery energy storage system (BESS).
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Wetility Secures $27.8 Million Investment to Expand Clean Energy Access Across South Africa
South African solar-as-a-service company Wetility has raised ZAR500 million (US$27.8 million) through a structured capital partnership with Jaltech to boost access to clean, affordable energy across the country.