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Renewable Energy

South Africa’s Sun Exchange Secures $2.5m Funding to Continue Scaling its Services

Sun Exchange, the South African renewable energy startup, has now secured an additional $2.5 million in convertible note financing from…

2 weeks ago

ZOLA Electric Secures $90m Funding to Expand into New Markets

ZOLA Electric, a renewable energy firm with operations in several African countries, has raised $90 million in debt and equity…

3 weeks ago

Nigeria’s MAX Gets UK Govt Backing to Assemble Electric Vehicles

Metro Africa Xpress (MAX) has received the backing of the United Kingdom government through its Manufacturing Africa Initiative to assemble…

4 weeks ago

U.S. Development Finance Corporation Invests $10m in Nithio FI to Scale Clean Energy Financing in Africa

U.S. Development Finance Corporation (DFC) has invested $10 million in Nithio’s Financial Intermediary, Nithio FI, B.V., an AI-enabled clean energy…

4 weeks ago

Infibranches, a Nigerian Fintech Startup Serving Solar Firms Raises $2m Funding From All On

Infibranches, a Nigerian fintech startup serving solar firm, has raised a $2 million investment from Shell-backed investment company, All On…

4 weeks ago

Malawi Off-Grid Solar Provider, Yellow Secures $4m Debt Funding From SunFunder

Yellow, a Malawian off-grid solar provider, has secured a $4 million debt facility from SunFunder, a firm that provides finance…

1 month ago

Solarise Africa Secures $5.9m Debt Funding From Trine to Advance Investments in Key Infrastructure Across Africa

Solarise Africa, a pan-African energy leasing company, has raised $5.9 million (€5 million) in debt funding from the Swedish-based impact…

1 month ago

Jumia, Solar Taxi Partner to Provide Eco-Friendly, Affordable Deliveries

Jumia has partnered with Solartaxi, a modern eco-friendly mobility facilities startup, to provide affordable and eco-friendly delivery of online orders…

2 months ago

West African Solar Startup, Daystar Power Secures $20m Funding From IFC

Daystar Power, a provider of hybrid solar power solutions to businesses in West Africa, has announced the closing of a…

3 months ago

FSD Africa Investments Invests US$4.5m in Nithio FI to Support Scale-up of Off-grid Energy Access in African Markets

FSD Africa Investments (FSDAi), the investing arm of  FSD Africa, has today invested US$4.5m in Nithio FI, a renewable energy financing…

4 months ago

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