The Empower Africa Business Platform is Now Live !!!

Maia Capital Partners has committed R150 million (US$9.12 million) in mezzanine debt financing to South African renewable energy company Nesa Power, providing growth capital to expand its commercial and industrial (C&I) solar business and increase its portfolio of long-term power purchase agreements (PPAs).

Kenyan-founded space technology startup Satlyt has raised $8 million in seed funding to expand software that enables satellites to process data and run artificial intelligence applications in orbit.

Communication & Renewable Energy Infrastructure (CREI), the energy division of Ieng Group, has secured $40 million in bridge financing to expand renewable energy systems for telecom towers in Mali.