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    Ghana’s Kofa Rolls Out $8.2M EV Battery-Swapping Initiative, Backed by Shell

    The network targets the deployment of 6,000 batteries and up to 100 swap stations across Ghana, aiming to create an accessible, reliable, and scalable clean energy infrastructure.
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    CENTRAL AFRICA

    Gabonese Startups Get First Entrepreneur-Only Bank, BCEG

    The BCEG is entirely funded by Gabonese institutional and private investors, making it one of only two banks in the country controlled by national capital, alongside market leader .
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    Venture Capital & Funding Sources

    Holocene Targets African Climate-Tech Startups with New Fund

    To date, Holocene has successfully executed six investments through its permanent capital vehicle and an additional four investments via HVF I.
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    Ecosystem News

    Former Tesla Exec Raises $9.5M for Zeno to Power Swappable EV Battery for East Africa’s Bodabodas

    The core innovation of Zeno is its swappable lithium-iron-phosphate (LFP) battery. Drivers can swap out depleted batteries at strategically located stations rather than waiting for them to recharge.
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    BII Backs Okra Solar with $7m Debt Facility to Scale Mesh-Grids in Nigeria

    British development finance institution bets that a lighter, decentralised alternative to mini-grids can help close one of the world's largest electricity access gaps - but the model's commercial viability still hinges on procurement and policy execution.
    Industry

    LemFi Turns Pillar Acquisition into £100m Capital Markets Bet

    Sixteen months after acquiring credit fintech Pillar, the FT-backed startup is swapping equity for debt markets to fund its £100m lending ambitious.

    Sponsored Posts

    Industry

    Nine Years After Its Founding, OPay’s IPO Filing Leaves Questions Over Employee Stock Options

    A court judgment proves OPay granted share options in 2020. Its US filing never mentions them, and investors are left to guess whether that’s a gap or a non-issue.
    Industry

    M-KOPA’s Product Margins Halve as Lending Becomes the Main Event

    The African fintech’s gross profit from device sales fell to $57.9m even as revenue rose 45%, exposing a structural shift in the economics of financing smartphones and e-bikes for the continent’s informal earners.

    Latest articles

    Updates

    BII Backs Okra Solar with $7m Debt Facility to Scale Mesh-Grids in Nigeria

    British development finance institution bets that a lighter, decentralised alternative to mini-grids can help close one of the world's largest electricity access gaps - but the model's commercial viability still hinges on procurement and policy execution.
    Industry

    LemFi Turns Pillar Acquisition into £100m Capital Markets Bet

    Sixteen months after acquiring credit fintech Pillar, the FT-backed startup is swapping equity for debt markets to fund its £100m lending ambitious.
    Ecosystem News

    African Frontier Capital’s $125M Platform Tests a Faster Route to Debt for African E-Mobility

    Multi-originator warehouse facility backed by IFC, Norfund, AfDB and SEDF aims to extend asset-backed finance beyond pay-as-you-go solar into electric vehicles and productive equipment.
    Policy & Regulations Forum

    Arson and License Revocations: UK-Backed Climate Startup nextProtein Faces Total Ruin in Tunisia

    A fatal road accident, local outcry over odours, and a burnt-out facility: Inside the regulatory and social crisis tearing apart one of North Africa’s premier green tech darlings, just months after it secured €18m with backing from British International Investment.

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