Funding News Archives - Africa Market Trends

BII’s Globeleq to Build Africa’s Largest Standalone Battery Energy Storage System in SA

Business News Africa Market Trends - April 5, 2024

Globeleq wins South African tender to build the largest standalone storage in the continent This new reliable energy infrastructure will help tackle power...

USAID Launches Africa Trade Desk through Prosper Africa

Business News Africa Market Trends - April 4, 2024

The USAID has launched the Africa Trade Desk, a signature trade platform from Prosper Africa to link US food retailers to African producers ...

IFC, SIMA launch $150m Solar Green Bond for African Solar Developers

Business News Africa Market Trends - February 8, 2024

IFC and Sima, together with other financers, have joined forces to boost African solar developers IFC and SIMA reached the first close of...

AfDB, TDB Join Forces to Deploy Clean Technologies to Cut Carbon Emissions in Africa

Business News Africa Market Trends - February 8, 2024

AfDB announced a follow-up equity investment of $15 million in the Trade and Development Bank Group’s pioneering Class C Green+ shares The new...

FMO Supports Distribution of Clean Energy Solutions Across Africa Through $10m Investment in Nithio

Funding News Africa Market Trends - January 26, 2024

FMO has provided climate fintech platform Nithio with USD $10 million in funding for its investment vehicle, FAIR FAIR provides financing to companies...

Norfund-Backed Africa’s Biggest Solar and Battery Facility Now Operational

Business News Africa Market Trends - January 26, 2024

Norfund backed biggest solar and battery power plant in Africa, has started delivering electricity in South Africa Norfund and British International Investment invested...