Notable investors in the fund include British International Investment (BII), the The Global Energy Alliance for People and Planet (GEAPP), UK charity Shell Foundation and impact investor DOEN Participaties B.V. This investment represents a significant boost for the African climate tech ecosystem, providing much-needed capital to support the development and scaling of innovative solutions to the continent’s pressing environmental challenges. With climate change posing a significant threat to African economies and communities, Equator’s investment in these startups has been backed to drive real impact and create sustainable change.
Accelerate Africa, a new accelerator program designed to propel early-stage African businesses has unveiled its inaugural cohort after four months of operation.
Capria Ventures, the global investment firm focused on backing early-stage impact-driven businesses, announced its first Global South Fund II close at $100 million.
The International Finance Corporation (IFC) has announced an investment and advisory support package for Biovac, a leading South African biopharmaceutical company.
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