
Beacon Power Services Secures Series A Funding to Expand to Eastern and Southern Africa
Beacon Power Services (BPS), an innovative energy technology company, has successfully secured funding through a Series A financing round.
To help small and medium-sized businesses in Africa access the financing they need, the International Finance Corporation (IFC) and investment firm TLG Capital have launched a new private credit initiative.
“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.
Beacon Power Services (BPS), an innovative energy technology company, has successfully secured funding through a Series A financing round.
Alterra Capital Partners, a private equity firm focused on Africa, has received a $20 million investment from British International Investment (BII) to support its Alterra Accelerator Africa Fund (AAA Fund).
Ninety One, a leading investment firm, has announced the first close of its third Africa and emerging markets-focused credit opportunities strategy, securing $260 million in commitments.
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