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.
Kenyan identity management startup Peleza and Y Combinator-backed Prembly have joined forces to create a new entity, the Prembly Group.
LOXEA Nigeria, part of the CFAO Mobility group, has officially launched BYD (Build Your Dreams) electric vehicles in the Nigerian market, marking a major milestone in the country’s transition towards cleaner mobility.
Mastercard has partnered with Alerzo, a fast-growing Nigerian startup, to digitize African SMEs. The collaboration aims to drive financial inclusion and support the growth of the sector.
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