Your cart is currently empty!
Author: Fred Kennedy
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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).
-
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.
-
BII, AfDB, and EBRD Commit $479M in Scatec’s Solar Project to Boost Egypt’s Clean Energy Capacity
The British International Investment (BII), the African Development Bank (AfDB), and the European Bank for Reconstruction and Development (EBRD)—have pledged a combined $479.1 million to Obelisk Solar Power, a project vehicle owned by renewable energy company Scatec.