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.
The International Finance Corporation (IFC) has announced an investment and advisory support package for Biovac, a leading South African biopharmaceutical company.
Egyptian fintech startup Qardy has announced a strategic partnership with microfinance company Sandah to provide micro, small, and medium enterprises (MSMEs) with greater access to financing.
Visa has unveiled the African startups selected to join the second round of its continent-wide Fintech Accelerator program.
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