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DEG injects $52m into African Renewable Energy Fund

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.

Impact Investor Kholo Capital Secures $76m for Southern Africa

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).

SA-Founded RapidDeploy Acquired in Major Deal by Motorola Solutions

The acquisition underscores the growing importance of NG911 systems, which are designed to replace traditional analogue infrastructure with digital, IP-based networks.

Instabug Founder Steps Down as CEO, Two Years After $46m Funding Round

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.
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Senegal’s Sovereign Wealth Fund Backs Eyone Medical with $3M in First Deployment from $89M Oyass Capital Fund

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).

Wave Energy Gets a Test Run in South Africa as Swedish Startup Eyes Africa’s Coastline

But can waves compete with the continent's solar obsession?

Impact Investor I&P Scouts for New Wave of Climate Tech Across West Africa

Impact investor Investisseurs & Partenaires (I&P) is actively searching for the next generation of climate tech startups in Francophone West Africa.

From Seedling to Supply Chain: The Rural Roots of South Africa’s Paper Industry

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.

Latest articles

Senegal’s Sovereign Wealth Fund Backs Eyone Medical with $3M in First Deployment from $89M Oyass Capital Fund

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).

Wave Energy Gets a Test Run in South Africa as Swedish Startup Eyes Africa’s Coastline

But can waves compete with the continent's solar obsession?

From Poor Pay to Truncated Maps: Glovo’s Moroccan Headaches Mount as Regulator Slams Fine

Protesters allege that the Glovo app recently displayed a map of Morocco without its southern regions.

Algeria’s Startup Playbook Puts Sub-Saharan Policies to Shame

Startup laws may be the fashion across African capitals, but North Africa appears to be one of the few regions actually wearing them well.
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