“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 Catalyst Fund, a pre-seed venture capital fund and accelerator focused on driving climate resilience innovation in Africa, today announced the successful first closing of its $40 million fund.
South African startup Open Access Energy (OAE) has successfully closed an oversubscribed seed funding round worth $1.8 million, aimed at fast-tracking the growth of its AI-powered platforms that support digital energy infrastructure and real-time electricity trading.
Chinese electric vehicle (EV) manufacturer, Chery, has announced a $20 million investment in Kenyan auto dealer, Afrigreen Automobile.
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