Tag: Infrastructure Development
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Investment platform Africa50 and the International Solar Alliance partner to finance solar energy in Africa
Africa50, an investment platform that finances infrastructure projects in Africa, and the International Solar Alliance (ISA), an intergovernmental organization that promotes solar energy in developing countries, have signed a partnership agreement to finance solar energy projects in Africa.
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Zambian solar energy company MySol raises $7.7 million to elecrify 40,000 people with solar energy
Zambia-based solar energy company, MYSOL, has secured $7.5 million in funding to accelerate the deployment of off-grid solar electrification projects across the country.
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AI company Flapmax launches program to help African startups scale up and raise capital
The program, which is open to startups from all over the continent, will provide participants with access to mentorship, training, and funding opportunities.
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Invest International injects $10.8M in uMunthu II Fund to support African SMEs
By providing capital, strategic guidance, and mentorship, the fund aims to unlock the growth potential of African businesses and contribute to their long-term success
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Nuru, a leading renewable energy company, has secured over $40 million in funding to expand its efforts in providing access to clean and sustainable energy solutions
This significant investment will empower Nuru to expand its efforts in providing access to clean and sustainable energy solutions in DR Congo, heralding a new era of progress and environmental stewardship.
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Eastcastle, a telecom infrastructure provider, gets $60 million investment from IFC to accelerate digital connectivity in DRC
The funding will be utilized to expand EastCastle’s telecom towers network across the Democratic Republic of Congo (DRC), bolstering connectivity and improving access to telecommunications services in the country.
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CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses
Key Developments CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses | Article CrossBoundary Energy, a leading provider of clean energy solutions in Africa, has secured $50 million in funding to accelerate the deployment of clean and reliable power solutions for businesses across the African continent. CrossBoundary Energy specializes in…
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Egyptian-based logistics startup Trella raises $3.5 million for scaling
Trella, an Egyptian-based logistics startup, has raised $3.5 million in a recent funding round led by Avanz Capital.
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Yellow raises $14 million in Series B funding
Yellow, a leading PayGo solar startup in Africa, has secured $14 million in Series B funding to scale across Africa.