These projects encompass a range of technologies, including mini-grids, solar installations for commercial and industrial clients, and small-scale independent power plants (IPPs) with a capacity of up to 25MW.
Kholo Capital will target investments ranging from R70 million to R200 million ( $3.8 million to $10.9 million USD) in SMEs demonstrating a minimum EBITDA of R25 million ($1.4 million USD).
The acquisition underscores the growing importance of NG911 systems, which are designed to replace traditional analogue infrastructure with digital, IP-based networks.
Instabug, the Egyptian-founded mobile app observability platform, has announced a change in leadership as co-founder Omar Gabr steps down from his role as Chief Executive Officer after 13 years.
The investments are the first to be made by Oyass Capital, a 52 billion CFA franc ($89 million) SME-focused private equity fund sponsored by the Senegalese Sovereign Strategic Investment Fund (FONSIS).
Growers receive not only high-quality seedlings (5.3 million distributed in 2024) but also technical training, site visits to mills, and access to guaranteed offtake agreements.
The investments are the first to be made by Oyass Capital, a 52 billion CFA franc ($89 million) SME-focused private equity fund sponsored by the Senegalese Sovereign Strategic Investment Fund (FONSIS).