Tag: Investment News

Proparco has signed a new partnership with Equity Group to support sustainable agriculture in Kenya.

Finnfund has announced an additional €2 million investment in Fibertime Group to help the company expand fibre internet access in South Africa.

Nairobi-based logistics technology company Leta has secured $5 million in seed funding to enhance its artificial intelligence (AI)-powered platform.

Mirova, an affiliate of Natixis Investment Managers, has announced financial support for KOKO, a company offering clean cooking solutions in Africa.

Alterra Capital Partners, a private equity firm focused on Africa, has received a $20 million investment from British International Investment (BII) to support its Alterra Accelerator Africa Fund (AAA Fund).

Ethiopian Airlines has signed a landmark agreement with the African Development Bank (AfDB) to develop Africa’s largest airport—the Bishoftu International Airport in Ethiopia.

The Climate Investment Fund, managed by Norfund, has announced a major investment in South Africa’s renewable energy sector.

The Nigeria Sovereign Investment Authority (NSIA), together with Sustainable Energy for All (SEforALL), the International Solar Alliance (ISA), and Africa50, has launched a new initiative to boost access to clean energy in Nigeria.