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EBRD Invests $80 Million in North Africa Fund to Support Local Businesses
The European Bank for Reconstruction and Development (EBRD) has pledged up to US $80 million as a founding investor in the North Africa Fund III (NAF III).This fund is managed by RMBV.
Nigeria’s MAX Leads Green Revolution with First-Ever Solar Battery Swap Station in West Africa
Nigerian electric mobility startup MAX has introduced its first solar-powered battery swap station, aiming to offer a clean and reliable energy solution for transport operators across West Africa.
SUN Mobility to Expand Battery-Swapping Solutions into Africa with Helios Climate and PIDG Backing
Helios Climate, a platform focused on climate investments, has partnered with the Private Infrastructure Development Group (PIDG) to back SUN Mobility, an Indian company specializing in energy infrastructure for electric vehicles (EVs).
SA-Based VC Firm HAVAÍC Secures $25 Million in Second Close of African Innovation Fund 3
Cape Town-based venture capital firm HAVAÍC has completed the second closing of its African Innovation Fund 3, raising $25 million towards its $50 million target.
