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IFC Puts $120m Into Zafiri, a Clean Energy Fund Aiming to Reach 30m Africans

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.

African Startup Deal Tracker — Newest Deals

Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week.
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IFC Puts $120m Into Zafiri, a Clean Energy Fund Aiming to Reach 30m Africans

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.

African Startup Deal Tracker — Newest Deals

Here’s a closer look at the notable under-the-radar investment activity we’re tracking this week.

The South African Powering Chime’s $18.4 Billion Nasdaq Debut

Serving as Chime’s Chief Operating Officer since 2019, he played a crucial role in guiding the company through pandemic-era volatility

From Dakar to Marseille: Southern France Woos African Startup Founders

For founders considering a European expansion strategy, southern France — often overlooked in favor of Paris or Berlin — may now be worth a serious look.
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