“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.
Grid Africa has secured a significant equity investment of $2.8 million from Rifuwo Energy Partners to accelerate its renewable energy projects across South Africa.
Janngo Capital, an African venture capital firm, has successfully closed its second fund at $78 million, exceeding its initial goal of $63 million by 20%.
OneOrder, a leading Egyptian logistics company, has secured $16 million in a Series A funding round.
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