The Empower Africa Business Platform is Now Live !!!
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.

German development finance institution DEG has committed €15 million to the Adenia Entrepreneurial Fund I (AEF I), a pan-African private equity vehicle managed by Adenia Partners.

Kredete, a fast-rising fintech founded just two years ago, has raised $22 million in Series A funding to accelerate its global expansion and deepen its credit-building infrastructure for African immigrants.

British International Investment (BII), the UK’s development finance institution, has unveiled a $150 million trade facility with Absa Group.