Tag: Tech News

The International Renewable Energy Agency (IRENA) has welcomed Africa50, a pan-African infrastructure and investment group, as a new partner in its Energy Transition Accelerator Financing (ETAF) platform.

The Democratic Republic of Congo (DRC)’s eastern region is set for a significant boost in electricity access thanks to a new project by Congo Energy Solutions (Nuru).

CityBlue Hotels, a leading African hospitality chain, has announced a strategic investment in Farm to Feed, a B2B platform tackling food waste in Sub-Saharan Africa.

Blueroomcare, a Nigerian startup offering insurance-covered online therapy services, has secured an undisclosed amount of pre-seed funding.

Finnish development financier Finnfund has announced a $5 million mezzanine loan to Communication & Renewable Energy Infrastructure (CREI) to support the installation of hybrid power solutions for telecom sites in South Sudan.

Two Rivers International & Innovation Centre (TRIFIC SEZ), a unique services-oriented business park within Nairobi’s diplomatic zone, has secured a $47.5 million investment from Vantage Capital, Africa’s largest mezzanine fund manager.

The European Bank for Reconstruction and Development (EBRD) is injecting up to $40 million into SPE Capital’s newly launched SPE PEF III fund.

Social impact investor Oikocredit has provided a first-time loan of $10 million to AfricInvest Private Credit (APC) to empower small and medium-sized businesses (SMEs) across Africa.

Early-stage VC firm Launch Africa Ventures has invested a total of US$4.3 million in 16 startups in Africa as part of its second fund.