How Africa could become a global hydrogen powerhouse

GreenBiz

Africa’s abundant solar and wind energy could make it a global hub for producing low-carbon hydrogen, the IEA says, but its residents still face access challenges

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The invasion of second-hand clothes in Africa

GreenBiz

Part of what the West decides not to wear is sent with a one-way ticket to Africa, which is good for the environment, but not for the local economy

Africa 371
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Bboxx expands in West Africa with acquisition of off-grid solar peer PEG Africa

Impact Alpha

ImpactAlpha, September 7 – PEG Africa launched its pay-as-you-go solar business in Ghana in 2013 and has since expanded to Senegal, Ivory Coast and. The post Bboxx expands in West Africa with acquisition of off-grid solar peer PEG Africa appeared first on ImpactAlpha.

In semi-arid Africa, farmers are transforming the 'underground forest' into life-giving trees

GreenBiz

Africa Agriculture farmers Food & Agriculture Food Systems Regenerative Agriculture

Africa 428

Entrepreneurs need funding to restore Africa's degraded land

GreenBiz

Africa’s investment gap is indicative of a global problem. There is little funding to reverse land degradation and combat desertification

Africa 254

Comment: Africa can save billions by adopting renewable energy

Envirotec Magazine

By Kenneth Engblom Vice President, Wartsila Energy, Europe and Africa. When it comes to building the future of energy in Africa, the decisions facing the continent’s leaders today are nothing less than of historical importance. Africa knows where it needs to go.

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How women-led funds in South Africa are unlocking capital for women and small businesses

Impact Alpha

The post How women-led funds in South Africa are unlocking capital for women and small businesses appeared first on ImpactAlpha. Africa Features Frontier and Growth Markets Gender Smart Originals

German government investing $115M in renewable energy in Africa

Renewable Energy World

million) in investment to accelerate the deployment of renewable energy across Africa. However, with the recent announcements by several countries to cease funding coal, mechanisms such as SEFA are needed to support the increased rollout of renewables in Africa.

Three lessons impact investors can offer venture capitalists looking for deals in Africa

Impact Alpha

At the Africa CEO Forum in Abidjan earlier this summer, a striking consensus emerged: Africa is at a new investment crossroads. The post Three lessons impact investors can offer venture capitalists looking for deals in Africa appeared first on ImpactAlpha.

Africa Eats crowdfunds capital to strengthen Africa’s food supply chains

Impact Alpha

ImpactAlpha, September 29 – Impact accelerator program Fledge last year launched Africa Eats to back promising startups in Africa that are strengthening the. The post Africa Eats crowdfunds capital to strengthen Africa’s food supply chains appeared first on ImpactAlpha.

How Balloon Ventures is banking “missing middle” businesses in East Africa

Impact Alpha

The post How Balloon Ventures is banking “missing middle” businesses in East Africa appeared first on ImpactAlpha. Africa Financial Inclusion Frontier and Growth MarketsImpactAlpha, Aug.

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Aceli Africa raises $27 million to boost lending to agribusinesses in East Africa

Impact Alpha

The post Aceli Africa raises $27 million to boost lending to agribusinesses in East Africa appeared first on ImpactAlpha. Africa Dealflow Entrepreneurship Good Jobs Inclusive Economy

Africa's first green hydrogen plant to be complete by 2024

Inhabitant

million) hydrogen plant in Namibia, Africa. The plant will be complete in 2024, making it Africa's first hydrogen power plant. A French power producer HDF Energy (HDF.PA) is constructing a 3.1 billion Namibian dollar (USD $181.25 The firm says that once the plant becomes operational, it will supply electricity 24 hours a day, all throughout the year

BluePeak backs Africure to bolster pharmaceutical production in Africa

Impact Alpha

ImpactAlpha, April 26 – The challenges of affordability and authenticity have hampered access to life-saving medicines and vaccines in Africa. Case in point: The post BluePeak backs Africure to bolster pharmaceutical production in Africa appeared first on ImpactAlpha.

Atoms for Africa

Jim Conca

The economies of Africa’s 54 countries with 1.2 billion people are hobbled by a general dearth of energy. But nuclear energy could help that more than the rest of the world realizes, as discussed in a new report by the Center for Global Development. It would also help to eradicate global poverty

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How indigenous land rights halted Amazon’s South Africa headquarters

GreenBiz

Courts ruled that the rights of First Nation communities would be at risk if development went ahead

Africa 195

Teranga Capital: Taking risks to build an impact ecosystem in West Africa 

Impact Alpha

The post Teranga Capital: Taking risks to build an impact ecosystem in West Africa appeared first on ImpactAlpha. Africa Entrepreneurship Features Frontier and Growth Markets Originals Seeding ImpactImpactAlpha, August 22 – Dakar-based Teranga Capital does private equity deals.

Solarise Africa secures $5.9 million in debt financing from Trine

Impact Alpha

ImpactAlpha, September 14 — Commercial and industrial solar accounts for 75% of power demand in sub-Saharan Africa, despite its unreliability and high cost. The post Solarise Africa secures $5.9 Africa Clean Energy Climate Finance Dealflow Geographies Inclusive Economy

Nigeria’s TeamApt scores backing from QED for digital banking in rural Africa

Impact Alpha

The post Nigeria’s TeamApt scores backing from QED for digital banking in rural Africa appeared first on ImpactAlpha. Africa Dealflow Financial Inclusion Frontier and Growth Markets

4 Initiatives Working to Map and Improve Informal Transit in Africa

The City Fix

The Digital Transport for Africa (DT4A) initiative, led by WRI and partners and funded by the French Development Agency (AFD), has selected four winners of the first-ever DT4A Innovation Challenge.

Development Partners International closes billion-dollar Africa-focused fund

Impact Alpha

ImpactAlpha, October 5 – Development Partners International invests in growth-stage companies serving Africa’s growing consumer and middle classes. The post Development Partners International closes billion-dollar Africa-focused fund appeared first on ImpactAlpha.

Savannah Fund reaches first close on Africa tech seed fund

Impact Alpha

ImpactAlpha, March 15 – Savannah Fund backs Africa-based tech startups “that create jobs and make an impact.” The post Savannah Fund reaches first close on Africa tech seed fund appeared first on Impact Alpha. Africa Dealflow Frontier & Growth Markets Gender Smart Impact Tech

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Maris raises $12 million from Proparco for climate resilience in Africa

Impact Alpha

The post Maris raises $12 million from Proparco for climate resilience in Africa appeared first on ImpactAlpha. Africa Climate Finance Dealflow Frontier and Growth Markets

Patterns in the data from 200 impact fund managers investing in Africa

Impact Alpha

ImpactAlpha, April 27 – Africa offers increasingly interesting opportunities for investors to generate financial returns coupled with societal impact. The post Patterns in the data from 200 impact fund managers investing in Africa appeared first on ImpactAlpha.

Energy access and financial inclusion ride Africa’s swell of private capital

Impact Alpha

ImpactAlpha, April 27 – The bad news: The COVID-19 pandemic reversed progress in Africa toward Sustainable Development Goals. The post Energy access and financial inclusion ride Africa’s swell of private capital appeared first on ImpactAlpha. Africa Frontier and Growth Markets Signals

Africa’s biggest bank turns to fintech to extend lending to informal businesses 

Impact Alpha

The post Africa’s biggest bank turns to fintech to extend lending to informal businesses appeared first on ImpactAlpha. Africa Corporate Impact Financial Inclusion Frontier and Growth Markets

MarketForce raises $40 million to digitize Africa’s small retailers

Impact Alpha

ImpactAlpha, February 23 — Around 95% of retail transactions in Africa are done in cash. The post MarketForce raises $40 million to digitize Africa’s small retailers appeared first on ImpactAlpha. Africa Dealflow Financial Inclusion Geographies Impact Tech Inclusive Economy

Womvest and Secha Capital pilot gender-based debt fund for South Africa’s small businesses

Impact Alpha

ImpactAlpha, March 10 – South Africa-based Womvest launched last year to connect women entrepreneurs and investors for mutual support. The post Womvest and Secha Capital pilot gender-based debt fund for South Africa’s small businesses appeared first on ImpactAlpha.

Ghanaian pharmacy venture mPharma raises $35 million to expand drug access in Africa

Impact Alpha

The post Ghanaian pharmacy venture mPharma raises $35 million to expand drug access in Africa appeared first on ImpactAlpha. Africa Dealflow Inclusive Economy Investing in Health

Aqua-Spark backs Lake Harvest to expand sustainable aquaculture in Africa

Impact Alpha

ImpactAlpha, January 12 — Aqua-Spark is launching a subsidiary to help build out local and regional aquaculture supply chains in Africa. The post Aqua-Spark backs Lake Harvest to expand sustainable aquaculture in Africa appeared first on ImpactAlpha.

Ford Foundation commits $3 million to support natural resource governance in West Africa

Impact Alpha

ImpactAlpha, December 21 — Extraction of metals, minerals and fossil fuels in West Africa has hurt local economies, exacerbated environmental problems and contributed. Africa Climate Finance Dealflow Inclusive Economy

Africa’s online safety is a new frontier for social innovation

Impact Alpha

The exponential increase and expected growth of internet, smartphone and mobile network usage in Africa has enabled a thriving ecosystem of tech entrepreneurs. The post Africa’s online safety is a new frontier for social innovation appeared first on Impact Alpha.

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Zipline secures $250 million for drone delivery in Africa, Japan and the U.S.

Impact Alpha

The post Zipline secures $250 million for drone delivery in Africa, Japan and the U.S. Africa Dealflow Frontier & Growth Markets Health and Medtech Impact Tech United States

Africa 108

New fund aims to support Africa’s creative entrepreneurs

Impact Alpha

The post New fund aims to support Africa’s creative entrepreneurs appeared first on ImpactAlpha. Africa Creative Economy Dealflow GeographiesImpactAlpha, October 27 — A thriving creative industry can power a robust African economy.

Aruwa Capital invests in Pngme to use phone data to improve lending in Africa

Impact Alpha

ImpactAlpha, November 8 — Lagos-based private equity fund manager, Aruwa Capital Management, invests in growth-stage businesses in Africa, primarily in Nigeria and Ghana. The post Aruwa Capital invests in Pngme to use phone data to improve lending in Africa appeared first on ImpactAlpha.

Zola Electric scores $8 million partnership for solar mini-grids in Africa

Impact Alpha

Investment and spending on energy access in sub-Saharan Africa and other emerging markets screeched to a halt at the outset of the COVID-19. The post Zola Electric scores $8 million partnership for solar mini-grids in Africa appeared first on Impact Alpha.

Africa’s eco start-ups seek to turn the tide on plastic pollution

Impact Alpha

The post Africa’s eco start-ups seek to turn the tide on plastic pollution appeared first on ImpactAlpha. Africa Climate and Clean Tech Impact VoicesWhen a problem is on your doorstep, it’s only natural to be compelled to find a solution. Over the past years, demand for.

Lori Systems clinches investment from Google to improve the flow of goods across Africa

Impact Alpha

ImpactAlpha, August 18 – In Africa, where infrastructure is underdeveloped and fragmented, there’s an impact case in almost every logistics deal. The post Lori Systems clinches investment from Google to improve the flow of goods across Africa appeared first on ImpactAlpha.

Village Capital and Moody’s accelerate 45 startups shaping the future of work in Africa

Impact Alpha

ImpactAlpha, August 17 – Village Capital and Moody’s second Future of Work Africa accelerator is supporting 45 startups boosting education and employment prospects for. Africa Dealflow Frontier and Growth Markets Workforce Tech

Medical Credit Fund blends $19.2 million to finance Africa’s frontline health clinics

Impact Alpha

ImpactAlpha, January 13 – Small, privately-run clinics are often the only providers of essential health services in remote and low-income parts of Africa. million to finance Africa’s frontline health clinics appeared first on Impact Alpha.

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CrossBoundary Energy raises $40 million to expand clean energy in Africa

Impact Alpha

ImpactAlpha, July 20 — Nairobi-based CrossBoundary Energy invests in and develops solar systems for commercial and industrial customers in sub-Saharan Africa, where access. The post CrossBoundary Energy raises $40 million to expand clean energy in Africa appeared first on ImpactAlpha.

Nigeria’s MAX secures $31 million to upgrade ride-hailing drivers in Africa

Impact Alpha

The post Nigeria’s MAX secures $31 million to upgrade ride-hailing drivers in Africa appeared first on ImpactAlpha. Africa Clean Energy Climate and Clean Tech Climate Finance Dealflow Impact Tech

Solinteg, together with its partner Power n Sun, has launched hybrid inverter product in South Africa.

Alternative Energy Mag

Solinteg Group, along with its partner Power n Sun, has launched the Integ M family of hybrid inverter 3-50KW for residential and commercial applications in South Africa