Ten African startups have been chosen to receive funding as part of the Africa Blue Wave and Regen Wave initiatives, a collaborative effort to unlock solutions for a sustainable future.
“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.
The US International Development Finance Corporation (DFC) has unveiled a new $250 million financing package aimed at enhancing digital connectivity and e-mobility in Kenya.
Africa Finance Corporation (AFC), a key player in infrastructure financing across the continent, has successfully raised $400 million through a Shariah-compliant Commodity Murabaha facility.
Bokra, an Egyptian fintech company, has successfully closed a pre-seed funding round of $4.6 million.
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