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.

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

GreenBiz

Africa Agriculture farmers Food & Agriculture Food Systems Regenerative AgricultureRevitalization of a traditional agricultural practice known as farmer managed natural regeneration is bringing new life to millions of acres of degraded land while boosting food, fuel, habitat and carbon storage.

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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.

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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Daystar Power raises $38 million to expand commercial solar power in West Africa

Impact Alpha

The post Daystar Power raises $38 million to expand commercial solar power in West Africa appeared first on Impact Alpha. Africa Clean Energy Climate and Clean Tech Dealflow Frontier & Growth Markets

Financing for climate adaptation can drive Africa’s economic development and its net-zero goals

Impact Alpha

Power is critical to Africa’s development. The post Financing for climate adaptation can drive Africa’s economic development and its net-zero goals appeared first on Impact Alpha. Africa Climate Finance Impact Voices

Safeguarding a creative and cultural moment: The impact of COVID-19 on Africa’s creative sectors

Impact Alpha

Africa’s cultural renaissance provides huge economic and social benefits that must not be lost in the pandemic. The post Safeguarding a creative and cultural moment: The impact of COVID-19 on Africa’s creative sectors appeared first on Impact Alpha.

Could Agri-PV Be Africa’s Next Big Solar Market Trend?

GreenTechMedia

Insiders predict agricultural companies could become major adopters of solar power in Africa as farmers seek to improve the cost and reliability of energy supplies. Access to finance will be likely to further increase agri-PV’s momentum in Africa.

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Secha Capital reaches first close of second fund for early-stage enterprises in South Africa

Impact Alpha

The post Secha Capital reaches first close of second fund for early-stage enterprises in South Africa appeared first on ImpactAlpha. Capital on the Frontier Africa paywall Dealflow Inclusive Economy

CrossBoundary Energy’s fund exit is a proof point for Africa’s commercial solar market – and catalytic capital

Impact Alpha

24 – An African solar energy fund that only five years ago appeared too risky even for impact investors has delivered, Catalytic Capital Africa Clean Energy Climate and Clean Tech Dealflow Features Frontier & Growth Markets SDGsImpactAlpha, Nov.

Komaza secures $28 million to improve sustainable forestry in Africa

Impact Alpha

The post Komaza secures $28 million to improve sustainable forestry in Africa appeared first on ImpactAlpha. SDGs Africa Conservation Finance paywall Farmer Finance DealflowImpactAlpha, July 15 – Kenya-based Komaza is working to fight deforestation by partnering with smallholder farmers to plant trees and practice sustainable wood harvesting. The company connects farmers to everything from seedlings to sawmills.

Strengthening impact investing in sub-Saharan Africa and South Asia with collaboration, local solutions and scale

Impact Alpha

Impact Voices 2030 Finance Africa Asia Frontier & Growth MarketsFor the first time in two decades, global extreme poverty is expected to rise. According to The World Bank, the COVID-19 pandemic will.

Reinsurance firm Africa Specialty Risk Group launches with backing from Helios

Impact Alpha

ImpactAlpha, September 24 – Reinsurance firm Africa Specialty Risk Group launches with backing from Helios. Africa Specialty Risk Group, or ASR, will offer reinsurance—insurance for insurers—to encourage new business and investment activity for Africa’s COVID recovery.

Smart subsidies for Africa’s high risk, low return smallholder finance market

Impact Alpha

In the fragmented agricultural markets of sub-Saharan Africa, risk in lending to small and midsize enterprises is perceived to be twice as high as other sectors, while returns are 4-5% lower. Aceli Africa and Dalberg, which analyzed more than 9,000 transactions. ImpactAlpha, Sept.

Recovering the Missing Millions Owed to Africa’s Minigrids

GreenTechMedia

The minigrid funding commitment from international donor organizations is “in the billions,” says Daniel Kitwa, energy access finance advisor at the Africa Minigrid Developers Association (AMDA). billion allocated to sub-Saharan Africa.

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54gene closes $15 million to accelerate genomics research in Africa

Impact Alpha

The Nigerian startup is building Africa’s first biobank to serve as a database for medical companies developing new therapeutics. The post 54gene closes $15 million to accelerate genomics research in Africa appeared first on ImpactAlpha. Africa paywall Dealflow Impact TechImpactAlpha, April 15 – Medicine is moving towards customized treatments and drugs based on genetic research. 54gene wants to ensure that African patients aren’t left out of the breakthroughs.

Q&A with DPI’s Runa Alam: How Africa’s impact ventures became essential during Covid-19

Impact Alpha

As the Covid-19 pandemic began to spread around the world in early 2020, gloomy predictions about the coronavirus’s effects on Africa also made headlines. The economic outlook for Africa turned bleak as the lockdown. The post Q&A with DPI’s Runa Alam: How Africa’s impact ventures became essential during Covid-19 appeared first on ImpactAlpha. Capital on the Frontier capital on the frontier Africa paywall Impact Voices

Field Intelligence raises $3.6 million for Africa’s pharmaceutical supply chain

Impact Alpha

ImpactAlpha, March 11 – Africa’s healthcare systems are wrought with inefficiencies. million for Africa’s pharmaceutical supply chain appeared first on ImpactAlpha. Africa Blockchain/AI/IoT paywall Dealflow Impact TechThe startup Field Intelligence is addressing the availability of pharmaceuticals with software that helps pharmacies forecast, manage and finance drug orders. The four-year-old company has raised $3.6 million in its first round of outside capital.

South Africa's first interior 6 star Green Star awarded to Formfunc

Inhabitat - Innovation

The Green Building Council recently awarded South Africa’s highest possible Interiors Green Star v1 certification to Capetown-based company Formfunc Studio’s office spaces—the first such rating to be awarded in the country for an office and distribution center

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Aavishkaar scores $37 million for expansion in Asia and Africa

Impact Alpha

ImpactAlpha, September 26 – India-based impact investor Aavishkaar has more than $1 billion in assets under management and three open funds in India, Southeast Asia and Africa. To fuel Aavishkaar’s growth, Dutch development bank FMO stepped in as an equity investor, taking a 10% stake The post Aavishkaar scores $37 million for expansion in Asia and Africa appeared first on ImpactAlpha. paywall Africa Smarter Money Industry News Asia Dealflow India

Wild in Africa jewelry supports wildlife conservation charities

Inhabitat - Innovation

While healing from an injury in Nairobi, Shannon Wild found comfort in making beaded bracelets. She turned this passion into a new business

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COVID pandemic gives Africa’s health tech startups a chance to shine 

Impact Alpha

ImpactAlpha, April 20 – Africa’s health systems may have an advantage in the fight against COVID: experience mobilizing around outbreaks of infectious diseases. The post COVID pandemic gives Africa’s health tech startups a chance to shine appeared first on ImpactAlpha. capital on the frontier Africa paywall Originals Impact Tech

Africa's first sustainable chocolate brand plans to sell in the US

Inhabitat - Innovation

While Africa grows 70 percent of the world’s cacao, very little chocolate is made on the continent. Instead, most of the raw material is shipped to other countries that then produce delicious chocolates. But De Villiers Chocolate is now working on becoming the first African-made, sustainably sourced chocolate brand available in the U.S.

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East Africa Fruits raises $3.1 million to address Tanzania’s food distribution challenges

Impact Alpha

ImpactAlpha, May 7 – Tanzania’s East Africa Fruits is a produce distributor that works with smallholder farmers to acquire, store and deliver goods from farm to market. East Africa Fruits says. The post East Africa Fruits raises $3.1 SDGs Africa paywall Dealflow Inclusive EconomyThe company estimates that half of crops grown in Tanzania are wasted because of inefficient supply chains and an unreliable cold chain for storing food.

Gates Foundation backs Enko Chem’s eco-pesticides for Africa

Impact Alpha

The post Gates Foundation backs Enko Chem’s eco-pesticides for Africa appeared first on ImpactAlpha. SDGs Africa paywall Asia Dealflow Inclusive Economy Impact Tech United StatesImpactAlpha, June 29 – Massachusetts-based Enko Chem uses technology for pharmaceutical drug discovery to develop new crop treatments. The company, which was incubated within agtech venture capital firm Anterra Capital, is combatting the pest resistance and environmental harm of chemical pesticides.

With ‘mezzanine capital,’ iungo seeks to fill a gap for East Africa’s small and growing family businesses

Impact Alpha

The post With ‘mezzanine capital,’ iungo seeks to fill a gap for East Africa’s small and growing family businesses appeared first on ImpactAlpha. capital on the frontier Africa paywall Originals Dealflow Entrepreneurship Catalytic CapitalImpactAlpha, Aug.

South Africa Renewables Developers Impatient for New Bidding Opportunities in 2021

GreenTechMedia

The program has been plagued by delays and no real commitment from the governmnet," Kevin Robinson, South Africa's representative within the Africa Solar Industry Asscociation, said in an email. Looking at other renewable energy opportunities in South Africa.

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The Brief: Sustainable consumer electronics, outcome optimization, converting to employee ownership, commercial solar in West Africa, coral adaptation

Impact Alpha

The post The Brief: Sustainable consumer electronics, outcome optimization, converting to employee ownership, commercial solar in West Africa, coral adaptation appeared first on Impact Alpha. Featured: Sustainability is the new new thing at the Consumer Electronics Show.

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

GatesNotes

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

Satellite alerts seen helping fight deforestation in Africa

Eco-Business

Near real-time data pinpointing tree losses is helping African countries tackle deforestation, study finds

UK Climate Investments backs three renewable energy projects in South Africa

Impact Alpha

ImpactAlpha, August 26 – South Africa is a laggard in the renewable energy transition. By 2030, the South Africa wants to reduce coal’s role in its energy mix to 46% and boost clean and renewably-based generation to more than 30% (including hydro and nuclear power). UK Climate Investments is stepping The post UK Climate Investments backs three renewable energy projects in South Africa appeared first on ImpactAlpha.

In Africa, climate-smart private equity investors have the opportunity to lead

Impact Alpha

Nowhere is this more apparent than in Africa – the most vulnerable continent to climate change, both in terms of impact and ability to mitigate damage. Africa’s private equity funds must become leaders in the global fight against climate change. While environmental, The post In Africa, climate-smart private equity investors have the opportunity to lead appeared first on ImpactAlpha. paywall Africa Climate Finance 2030 Finance Impact VoicesImpactAlpha, Oct.

CDC Group backs Africa’s banks to ratchet up small business finance

Impact Alpha

In Africa, the latest demonstration of its Catalytic Strategies amounts to $275 million in The post CDC Group backs Africa’s banks to ratchet up small business finance appeared first on ImpactAlpha. Africa paywall Dealflow Entrepreneurship Catalytic CapitalImpactAlpha, February 4 – CDC Group, the U.K.

The Brief: Jigar Shah on infrastructure (podcast), financing clinics in Africa, electric fleet flurry, special-ed tech, return to Paris

Impact Alpha

The post The Brief: Jigar Shah on infrastructure (podcast), financing clinics in Africa, electric fleet flurry, special-ed tech, return to Paris appeared first on Impact Alpha. Featured: Jigar Shah: Deployment, deployment, deployment are the keywords for sustainable infrastructure in 2021.

Samasource raises $14.8 million to connect tech giants with Africa’s data talent

Impact Alpha

San Francisco-based Samasource trains and hires data reviewers in East Africa to tag photos and annotate other data sources for Fortune 500 companies. million to connect tech giants with Africa’s data talent appeared first on ImpactAlpha. Africa paywall Good Jobs Inclusive Economy IMPACT INVESTINGImpactAlpha, November 25 – Behind the red-hot “machine learning” market are human minds that design algorithms and sort underlying data.

Small businesses, big opportunities: Where to hunt for impact investments in Africa this year

Impact Alpha

In sub-Saharan Africa, the World Bank forecasts economic growth to pick up to 2.9% (from an estimated 2.5% But global investors watching indicators like oil and commodity exports may be missing the real story, according to local and The post Small businesses, big opportunities: Where to hunt for impact investments in Africa this year appeared first on ImpactAlpha. SDGs Africa Smarter Money paywall Originals Entrepreneurship Inclusive Economy

Mitsubishi adds off-grid solar assets in Africa with stake in BBOXX

Impact Alpha

Until recently, that side of of the company didn’t have much of a footprint in Africa, where 600 million people still have little or no access to electricity. That changes with its equity investment in BBOXX, one of the The post Mitsubishi adds off-grid solar assets in Africa with stake in BBOXX appeared first on ImpactAlpha. paywall SDGs Africa Clean Energy Dealflow solar-energy

C&I Solar Investment Holds Up as COVID-19 Hits Africa

GreenTechMedia

Investment in commercial and industrial (C&I) solar seems to be holding up in Africa as the COVID-19 pandemic dents investor confidence across the continent, insiders have said. The rapid growth of the platform, which allows individuals worldwide to purchase solar arrays that are leased out to community buildings in South Africa, attracted $4 million in Series A funding in a round that ended this month. Zahid Hassen, director of the Africa Renewable Power Fund at London, U.K.-based

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Catalytic investment strategies to improve the lives of millions of small farmers in Africa

Impact Alpha

In “Bending the Arc,” the consultancy FSG argues for a systemic approach to shifting the practices of a large number of small and mid-size businesses until inclusive practices become the market The post Catalytic investment strategies to improve the lives of millions of small farmers in Africa appeared first on ImpactAlpha. Africa paywall Farmer Finance Signals Catalytic CapitalImpactAlpha, Feb.

Novastar Ventures’ second fund to invest in basic goods and services in Africa

Impact Alpha

ImpactAlpha, May 14 – Nairobi- and Lagos-based Novastar Ventures invests in startups delivering basic goods and services to Africa’s low-income households. The post Novastar Ventures’ second fund to invest in basic goods and services in Africa appeared first on ImpactAlpha. SDGs Africa paywall Dealflow