Leading the conversation on Climate in Africa
Phatisa Food Fund 3 achieved a first close of US$86 million, announced on February 9, 2026, with commitments from British International Investment (BII), FinDev Canada, Norfund, Swedfund, the International Finance Corporation (IFC), and Phatisa itself. This milestone validates investor confidence in Phatisa’s specialised approach to Africa’s food and agriculture sector. The fund invests across the…
M-Gas, the Safaricom-backed liquefied petroleum gas (LPG) distributor, is advancing its application for a licence to sell carbon credits generated from its clean-cooking operations in Kenya. The company has secured a government Letter of Approval (LoA), an initial milestone in the authorisation process, and is progressing through subsequent regulatory stages while engaging potential offtakers and…
Read More “What a Carbon-Credit Licence Would Mean for M-Gas and Low-Income Households” »
Cooling systems constitute one of the most critical and energy-intensive components of modern data centres. Servers, storage devices, and networking equipment generate substantial heat during operation, and effective thermal management is essential to maintain hardware reliability, prevent thermal throttling, and achieve optimal performance. Traditional air-based cooling remains prevalent, while liquid cooling technologies are gaining adoption…
Read More “The Fundamentals of Data Centre Cooling Systems” »
Sahel Capital has extended a $1.5 million working capital loan to Rasad Nigeria Limited through its Social Enterprise Fund for Agriculture in Africa (SEFAA). This facility, closed in early February 2026, renews and scales prior financing to support Rasad’s continued growth in the cocoa and cashew value chains. Thee investment builds on an earlier $590,000…
Read More “What Sahel Capital’s $1.5 Million Loan Means for Nigeria’s Cocoa Sector” »
British International Investment (BII) has committed $5 million in growth capital to Lovegrass Ethiopia, an agri-food company specialising in the transformation of teff, which is Ethiopia’s ancient, nutrient-dense, gluten-free grain, into high-value, branded products for both domestic consumption and international markets. The investment, announced in early February 2026, supports Lovegrass Ethiopia’s strategy to capture more…
Read More “Why BII Is Backing Teff-Based Manufacturing in Ethiopia” »
Proparco has invested in the Helios Climate Fund, a climate-focused private equity vehicle managed by Helios Investment Partners, as part of an expanded strategic partnership following Proparco’s USD 20 million commitment to Helios Sports & Entertainment Group in 2024. This latest investment, announced in early February 2026, supports the fund’s second closing at approximately USD…
Read More “How Proparco Is Using Blended Finance to Scale Africa’s Climate Transition” »
Koko Networks Limited and its subsidiary Koko Networks Global Services (Kenya) Limited have been placed under administration effective 1 February 2026, following a complete cessation of operations across Kenya. PricewaterhouseCoopers (PwC) partners Muniu Thoithi and George Weru were appointed joint administrators under Kenya’s Insolvency Act 2015, assuming control of the companies’ assets, operations, and strategic…
Read More “What Koko Networks’ Administration Means for 1.5 Million Households” »
Standard Bank has completed a $250 million financing facility for Aradel Energy Limited, a prominent indigenous Nigerian oil and gas company. Financial close was achieved in late January 2026, with the transaction announced on January 29, 2026. Standard Bank served as global coordinator and bookrunner, leading the structuring, execution, and funding of the facility in…
Read More “How Standard Bank Structured a $250 Million Deal to Scale Aradel Energy” »
Enakl has secured $2.3 million in seed funding, led by Azur Innovation Fund with participation from Witamax and MFounders, and continued support from Catalyst Fund and Digital Africa. The round, finalised in December 2025 and announced in late January 2026, brings the Casablanca-based shared mobility startup’s total funding to $3.7 million following an earlier $1.4…
Read More “Why Enakl’s Model Appeals to Climate and Urban Infrastructure Funds” »
Sun King has launched the HomePlus Max solar home system in Kenya, marking its highest-capacity offering to date. Introduced in late January 2026, this advanced product delivers a grid-like experience through brighter multi-room lighting, faster device charging with USB-C support, and compatibility with essential DC appliances, targeting households and small businesses in areas with unreliable…
Read More “What Sun King’s HomePlus Max Offers Kenyan Households and Small Businesses” »
