Sistema.bio Announces Acquisition of Inclusive Energy
October 29, 2024
Oyster Agribusiness Secures $2M to Scale Climate-Smart Farming in Ghana
October 29, 2024
Oyster Agribusiness has raised US$2 million in funding to expand its operations and deepen its impact on smallholder farmers across Ghana. This milestone was made possible through the support of Root Capital, RDF Ghana, and Sahel…
BURN Secures $15 Million Investment from European Investment Bank
October 24, 2024
BURN has secured a US$15 million investment from the European Investment Bank (EIB). The US$15 million investment was announced during the World Bank/IMF Annual Meetings in Washington. This funding will accelerate BURN’s efforts to manufacture…
d.light Joins Kenya’s Off-Grid Solar Project to Provide Solar Power and Clean Cooking Solutions to 150,000 in Rural Areas
October 23, 2024
d.light has been selected to take part in the latest Kenyan Government initiative to expand the uptake of off-grid solar home systems and clean cookstoves in underserved rural counties in the country. d.light has been…
BasiGo Secures $42 Million in Equity and Debt to Drive Electric Bus Growth in East Africa
October 23, 2024
Summary BasiGo has announced the close of a $42 million funding round. This round consists of $24 million Series A Equity funding and $17.5 debt facilities from British International Investment (BII) and the U.S. Development…
Madica Invests in Earthbond to Accelerate Solar Energy Adoption for Nigerian SMEs
October 22, 2024
Madica has announced its investment in Earthbond, a climate tech startup serving Nigerian SMEs via an integrated clean energy marketplace. Following the investment, Earthbond will participate in Madica’s comprehensive investment program which includes 18 months…
IZI Expands Electric Bus Fleet in Rwanda with Grant from Green Fund
October 21, 2024
IZI has today announced significant milestones in its mission to electrify Rwanda’s public transport sector. In just four months of operation, IZI’s initial fleet of five electric buses has demonstrated remarkable success. The buses have…
Ampersand Opens a New Electric Motorcycle Manufacturing Facility in Nairobi
October 17, 2024
Ampersand has opened a new manufacturing facility in Nairobi for its electric motorcycles. The company says with the opening of this new facility, it will triple its production capacity in the country. Josh Whale, CEO,…
Yellow Card Secures $33M Series C Funding to Expand Stablecoin Solutions Across Africa
October 17, 2024
Yellow Card has closed a $33 million Series C equity financing round led by Blockchain Capital, with participation from Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital,…
Sistema.bio Secures $15 Million Financing to Fuel Global Growth and Expansion
October 15, 2024
Sistema.bio has announced it has secured a package of US$15 million in financing to fuel its global growth. The company has grown its sales by over five fold in the last three years, driven by…