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“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 African Development Bank (AfDB) has committed $15 million to a private equity fund managed by SPE Capital, in a move aimed at expanding financing for growing businesses across the continent.

Downforce Technologies, a leading climate tech company, has secured $4.2 million in funding to develop advanced soil health solutions specifically tailored for the African agricultural sector.

Egyptian health-tech startup Rology has secured funding from the Philips Foundation under a new partnership.