The investment in SolarAfrica represents Mirova’s fifth transaction under its Gigaton strategy, which aims to accelerate the global transition to low-carbon energy by investing in renewable energy projects in high-growth markets.
This loan agreement follows Lulalend’s $35 million Series-B funding round earlier last year, which the company described as “transformational” for its operations.
Syft Analytics began its journey from a small office in Johannesburg’s Parktown North. For the first few years, the founders juggled full-time jobs while working to get the startup off the ground.
Happy Pay, which was established in 2023, has quickly gained traction with its Buy Now, Pay Later (BNPL) service, amassing 150,000 active users in just over a year.
Swvl has equally undertaken significant restructuring efforts under its Portfolio Optimization Program. This involved the sale of its Pakistani subsidiary for $20,000 in April 2023 and the liquidation of operations in Kenya, Jordan, and Malaysia.
Swvl has equally undertaken significant restructuring efforts under its Portfolio Optimization Program. This involved the sale of its Pakistani subsidiary for $20,000 in April 2023 and the liquidation of operations in Kenya, Jordan, and Malaysia.
