The Empower Africa Business Platform is Now Live !!!

Starsight Energy Africa Group has raised $15 million in mezzanine debt financing from British International Investment (BII), in a move aimed at scaling its clean energy operations across West Africa, particularly in Nigeria.

Proparco, the private sector arm of the French Development Agency, has invested $5 million in Novastar Ventures’ Africa People and Planet Fund III, which has now reached a final close of $147 million.

Shekel Mobility, a B2B auto dealers marketplace catering to the African used car market, has secured $7 million in funding to propel its growth and expansion plans.