Key developments Archives - Page 37 of 41

Investment platform Africa50 and the International Solar Alliance partner to finance solar energy in Africa

Jul 19, 2023

—

by

Africa50, an investment platform that finances infrastructure projects in Africa, and the International Solar Alliance (ISA), an intergovernmental organization that promotes solar energy in developing countries, have signed a partnership agreement to finance solar energy projects in Africa.

Zambian solar energy company MySol raises $7.7 million to elecrify 40,000 people with solar energy

Jul 14, 2023

—

by

in Key developments

Zambia-based solar energy company, MYSOL, has secured $7.5 million in funding to accelerate the deployment of off-grid solar electrification projects across the country.

AI company Flapmax launches program to help African startups scale up and raise capital

Jul 13, 2023

—

by

in Key developments

The program, which is open to startups from all over the continent, will provide participants with access to mentorship, training, and funding opportunities.

Invest International injects $10.8M in uMunthu II Fund to support African SMEs

Jul 10, 2023

—

by

in Key developments

By providing capital, strategic guidance, and mentorship, the fund aims to unlock the growth potential of African businesses and contribute to their long-term success

Nuru, a leading renewable energy company, has secured over $40 million in funding to expand its efforts in providing access to clean and sustainable energy solutions

Jul 7, 2023

—

by

in Key developments

This significant investment will empower Nuru to expand its efforts in providing access to clean and sustainable energy solutions in DR Congo, heralding a new era of progress and environmental stewardship.

Eastcastle, a telecom infrastructure provider, gets $60 million investment from IFC to accelerate digital connectivity in DRC

Jul 7, 2023

—

by

in Key developments

The funding will be utilized to expand EastCastle’s telecom towers network across the Democratic Republic of Congo (DRC), bolstering connectivity and improving access to telecommunications services in the country.

Digital-first and data-led distribution platform Kyosk Digital Services acquires KwikBasket to revolutionize the African fresh produce market

Jul 7, 2023

—

by

in Key developments

Kyosk aims to leverage its technological prowess to streamline the supply chain, enhance convenience, and improve access to high-quality fresh produce across the continent.