Grid Africa has received an equity investment of R50 million ($2.8 million) from Rifuwo Energy Partners. This funding aims to boost the development of renewable… Read More »Grid Africa Secures R50 Million Investment to Drive Solar Energy in South Africa Amid Rising Energy Costs
IFC, a member of the World Bank Group, and South Africa’s Absa Group Limited have announced a $50 million commodity trade finance facility for Valency… Read More »IFC and Absa Partner to Provide $50 Million Finance Facility for African Farmers
The National Transmission Company (NTCSA) of South Africa has pledged R112 billion ($6.3 billion) to overhaul the country’s transmission grid. This investment is part of… Read More »South Africa Commits R112 Billion to Boost Renewable Energy Grid
Zambia and Burundi are set to link through an underwater fibre optic cable. This follows an agreement sealed at the Digital Government Africa Summit in… Read More »Zambia and Burundi to Connect via Underwater Fibre Optic Cable
The Gulf 4P 2024 Exhibition is slated to take place from November 18 to 21 at the Dhahran International Exhibition Centre in Dammam, Saudi Arabia.… Read More »Gulf 4P 2024 Set to Revolutionize the Plastics, Printing, Packaging, and Petrochemical Industries
Nigerian agritech company, Winich Farms, has secured $3 million in pre-Series A funding. The company will use the funds to expand its order fulfillment centers… Read More »Winich Farms Raises $3 Million in Pre-Series A Funding to Expand and Improve Tech
The United Nations Development Programme, UNDP and Kenya’s Ministry of Information, Communications, and Digital Economy (MICDE) have opened applications for the timbuktoo GreenTech Hub Accelerator… Read More »UNDP and Kenya Launch GreenTech Accelerator Programme for African Startups
The African Development Bank, AfDB has approved a $3 million project to support micro, small, and medium enterprises (MSMEs) in Equatorial Guinea. The grant aims… Read More »African Development Bank Grants $3 Million to Boost MSMEs in Equatorial Guinea
Yellow Malawi, an off-grid solar company, has secured a $2 million investment from Acumen’s Hardest-to-Reach (H2R) initiative. The funds will help the company expand its… Read More »Yellow Malawi Secures $2 Million Investment from Acumen’s H2R Initiative to Expand Solar Access
Afreximbank has signed a $100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc. This is the largest AFTRAF deal in… Read More »Afreximbank and National Bank of Malawi Sign $100M Trade Finance Agreement