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

GreenBiz

Africa Agriculture farmers Food & Agriculture Food Systems Regenerative Agriculture

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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

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.

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.

Righting the injustice of Africa's water crisis

Eco-Business

Africa did not cause the climate crisis, but African leaders find themselves having to take the initiative in developing strategies for coping with it, to mitigate climate change's impact on the continent's water security and sanitation

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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.

Olu Oyinsan, Oui Capital: Investing in Africa’s mass market 

Impact Alpha

The post Olu Oyinsan, Oui Capital: Investing in Africa’s mass market appeared first on ImpactAlpha. Africa Agents of Impact Catalytic Capital 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

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

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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British International Investment provides $100 million guarantee for supply-chain financing in Africa

Impact Alpha

The post British International Investment provides $100 million guarantee for supply-chain financing in Africa appeared first on ImpactAlpha. Africa Catalytic Capital Dealflow Frontier and Growth MarketsImpactAlpha, May 2 – A $100 million guarantee from the U.K.

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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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.

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

India’s M Auto raises $20 million for electric mobility-as-a-service in Africa

Impact Alpha

ImpactAlpha, May 24 — Investing in the low-carbon transition of Africa requires solutions to alleviate poverty and uplift local economies as well. The post India’s M Auto raises $20 million for electric mobility-as-a-service in Africa appeared first on ImpactAlpha.

High fuel prices spur Africa’s transition to electric mobility

Impact Alpha

The post High fuel prices spur Africa’s transition to electric mobility appeared first on ImpactAlpha. Africa Frontier and Growth Markets Green Infrastructure Signals Smart Cities

The Brief: Venture capital in Africa, crowdfunding creative businesses, farmer resilience, going circular in Europe and Africa, Japan’s impact investing boom

Impact Alpha

Featured: Investing in Africa Energy access and financial inclusion ride Africa’s swell of private capital. Greetings, Agents of Impact! The bad news: The.

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.

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

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

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.

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

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Sun King scores $260 million to ramp up off-grid solar access in Africa

Impact Alpha

ImpactAlpha, April 28 – The off-grid solar sector in Africa is growing up. The post Sun King scores $260 million to ramp up off-grid solar access in Africa appeared first on ImpactAlpha. Africa Clean Energy Climate and Clean Tech Dealflow Frontier and Growth Markets SDGs

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

Seizing Africa’s overlooked investment opportunities with an inclusivity lens

Impact Alpha

ImpactAlpha, March 8 – Africa is transforming. The post Seizing Africa’s overlooked investment opportunities with an inclusivity lens appeared first on ImpactAlpha. Many investors are interested in the continent’s rapid urbanization and spending power of its larger, more.

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.

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.

Twiga Foods secures $50 million to supply informal retailers in Africa

Impact Alpha

The post Twiga Foods secures $50 million to supply informal retailers in Africa appeared first on ImpactAlpha. Africa Agrifood Tech Dealflow Impact Tech Inclusive Economy

Briefing: Investing trends in Africa

Impact Alpha

Plus, The post Briefing: Investing trends in Africa appeared first on ImpactAlpha. Host Monique Aiken is joined by Jessica Pothering to explore the, yes, social impact of private investment trends on the African continent. Podcasts

Medical Credit Fund raises $36.7 million to finance health clinics in Africa. second digital finance fund

Impact Alpha

million to finance health clinics in Africa. Africa Dealflow Entrepreneurship Inclusive Economy Investing in HealthImpactAlpha, December 16 — Nairobi-based debt provider Medical Credit Fund has since 2009 made loans of more than €120 million ($135.5 million) to.

South Africa’s Quro Medical raises $1.1 million for tech-enabled home healthcare

Impact Alpha

ImpactAlpha, April 14 – More than 80% of South Africa’s population, particularly the Black urban and rural poor, depend on the country’s s underfunded. The post South Africa’s Quro Medical raises $1.1 Africa Dealflow Frontier & Growth Markets Health and Medtech

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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Nigerian B2B marketplace Sabi raises $6 million to support Africa’s informal businesses

Impact Alpha

The post Nigerian B2B marketplace Sabi raises $6 million to support Africa’s informal businesses appeared first on ImpactAlpha. Africa Dealflow Entrepreneurship Financial Inclusion Geographies Impact Tech Inclusive Economy

Equity Group secures $165 million to finance small businesses and climate projects in Africa

Impact Alpha

The post Equity Group secures $165 million to finance small businesses and climate projects in Africa appeared first on ImpactAlpha. Africa Climate Finance Dealflow Frontier and Growth Markets

Securitizing future cash flows to advance the Sustainable Development Goals in Africa

Impact Alpha

The post Securitizing future cash flows to advance the Sustainable Development Goals in Africa appeared first on Impact Alpha. Africa Catalytic Capital Impact Voices

Breathing new hope into Africa’s fight against COVID-19

GatesNotes

In Africa, saving lives from COVID-19 one breath at a time

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Manara scores $3 million to upskill tech workers in North Africa and the Middle East

Impact Alpha

The post Manara scores $3 million to upskill tech workers in North Africa and the Middle East appeared first on ImpactAlpha. Africa Dealflow Frontier and Growth Markets Good Jobs Inclusive Economy Middle East Women Rising