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Japanese Bank SMBC Invests in Novastar’s Africa People & Planet Fund III
Sumitomo Mitsui Banking Corporation (SMBC), under its parent Sumitomo Mitsui Financial Group (SMFG), has agreed to invest in the Novastar Ventures Africa People and Planet Fund III, L.P., managed by Novastar Ventures Ltd.
African Development Bank Partners with Aerosense to Roll Out Drone Technology Across Africa
The African Development Bank (AfDB) and Japanese drone manufacturer Aerosense Inc. have formalized a collaborative pact aimed at expanding drone-based solutions in Africa.
Ghana to Become Africa’s First AI-Powered Farming Hub Following $100M Degas Investment
Japanese agri-tech innovator Degas Limited has pledged a US $100 million investment over four years to help transform Ghana into Africa’s inaugural AI-driven agricultural hub.
Axian Energy and Sika Capital to Build Four Solar Power Plants in Benin in $49 Million Project
Benin is moving forward with a major renewable energy initiative through a partnership between Axian Energy, a pan-African developer, and Sika Capital Bénin.