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Beacon Power Services (BPS), an innovative energy technology company, has successfully secured funding through a Series A financing round.
“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.
South African investment firm Crossfin, known for its focus on financial technology, has announced a new investment in DigiSquad, a payments advisory company based in Johannesburg.
Ghanaian agritech trailblazer 3Farmate Robotics has secured an undisclosed amount in angel investment to fuel the expansion of its precision AI-powered electric robots.
Adenia Partners, a Mauritius-based private equity firm specializing in African investments, has announced the successful closing of its fifth and largest Africa-focused fund, the Adenia Africa Fund, at $470 million.