MAX
Mobility Renewable Energy

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

Funding Investment Renewable Energy

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

Infibranches
Fintech Funding Investment Renewable Energy

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

Renewable Energy

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

Solarise Africa
Funding Renewable Energy

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

Jumia
Automobile Ecommerce Jumia Logistics Partnership Renewable Energy

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

Daystar Power
Funding Renewable Energy

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

Husk Power
Funding Investment Renewable Energy

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

GIGL
Logistics Mobility Partnership Renewable Energy Transport

GIGL Partners JET Motor Company to Launch Nigeria’s First Electric Vehicle For Deliveries

GIGL, a courier and Logistics company, has partnered with JET Motor Company to launch Nigeria’s first electric vehicle (EVs) for

d.light
Funding Investment Renewable Energy Startup

Solar Energy Startup, D.light Secures $10m in Equity Financing From Proparco

D.light, a leading innovator of solar energy products, has raised US$10 million in equity financing from Proparco.  This latest funding