Most carbon finance enters the market once a project is already operational. Hummingbirds is moving further upstream to address the supply-side bottleneck.
Zafiri will serve as a blended finance vehicle — meaning it uses a mix of concessional (low-cost) and commercial capital — to help de-risk investments in companies delivering DRE solutions.
For founders considering a European expansion strategy, southern France — often overlooked in favor of Paris or Berlin — may now be worth a serious look.
Africa’s population is expected to double by 2050. The global demand for digital services is exploding. And many countries are still unsure how to compete.
The VC backed a number of startups that have become prominent players, including Zeepay, a cross-border payments company; BezoMoney, a digital bank targeting the unbanked, among others.
Most carbon finance enters the market once a project is already operational. Hummingbirds is moving further upstream to address the supply-side bottleneck.
