Author: Africa Digest News

Will Inspired Evolution Turn Zafiri’s $300M Fund Into Reality for 30 Million Africans?

October 27, 2025 Africa Digest News No Comments

Zafiri, a pioneering decentralised renewable energy fund, has selected Inspired Evolution as investment manager for its $300 million launch, a move set to catalyse energy access and sustainable livelihoods for millions across Africa. Backed by global heavyweights like the African Development Bank (AfDB), International Finance Corporation (IFC), The Rockefeller Foundation, Trade and Development Bank Group…

Funding

How Sun King Is Turning Kenya Into a Solar Manufacturing Powerhouse

October 27, 2025 Africa Digest News No Comments

From solar lamps to large-scale production lines, Sun King is redefining what “Made in Africa” means, with its new Tatu City manufacturing hub signalling a shift from import reliance to homegrown energy innovation, a move that strengthens Africa’s clean-tech resilience. A Strategic Rise: Tatu City’s Role in Kenya’s Industrial Vision Tatu City, a 5,000-acre mixed-use…

Local News

Why FinDev Canada’s $100M Loan to AFC Marks a Turning Point in North–South Climate Collaboration

October 27, 2025October 27, 2025 Africa Digest News No Comments

In a strategic move redefining development finance, FinDev Canada has extended a $100 million facility to the Africa Finance Corporation (AFC) its first venture into Sub-Saharan infrastructure investment. The 10-year loan is more than capital; it’s a signal of trust in Africa’s ability to lead its own green transition. Beyond numbers, it signals a deeper…

Funding

What Spiro’s $100M Funding Means for Africa’s EV and Clean Energy Ambitions

October 22, 2025 Africa Digest News No Comments

For investors tracking Africa’s clean tech curve, Spiro’s $100 million raise is a landmark moment. Announced on October 21, 2025, and powered by a $75 million commitment from FEDA, the deal underscores growing confidence in the continent’s e-mobility infrastructure and the scalability of battery-swapping models tailored for Africa’s urban economies. As Africa’s urban centres struggle…

Clean energy, Funding

Why Funding B5 Plus Is Key to Ghana’s Green Industrial Drive

October 15, 2025 Africa Digest News No Comments

Development finance is often measured in numbers, but Norfund’s $15 million loan to Ghana’s B5 Plus could have an impact far beyond its balance sheet. It’s a strategic bet on green steel, circular manufacturing, and a lower-carbon future for West Africa’s booming construction and infrastructure markets. The Steel Sector’s Carbon Challenge and Ghana’s Opportunity Steel…

Funding

What Investors See in Rana Energy’s $3M Virtual Solar Network Play

October 15, 2025 Africa Digest News No Comments

It’s one thing to attract seed funding it’s another to win investor confidence in a capital-intensive sector. Rana Energy has done both, raising $3 million in hybrid funding from Techstars, EchoVC Eco, and green debt partners to prove that Africa’s clean energy story can be both scalable and investable. The Funding Blueprint: Equity Meets Green…

Funding

What Bboxx’s Partnership with CreditChek Means for Off-Grid Africa

October 15, 2025 Africa Digest News No Comments

As global investors look for scalable models of sustainable impact, Bboxx and CreditChek are providing one. Their collaboration merges clean energy infrastructure with fintech precision, demonstrating how cross-sector partnerships can promote inclusive growth. This partnership is timed perfectly with the World Bank’s ambitious $750 million Distributed Access through Renewable Energy Scale-up (DARES) project, which aims…

Clean energy

How Coral Reefs Became the First Victims of Earth’s Climate Tipping Point

October 14, 2025 Africa Digest News No Comments

In a strong warning that points out the accelerating pace of climate change, a landmark report released on October 13, 2025, declares that the world’s warm-water coral reefs have crossed the planet’s first major climate change tipping point. This irreversible shift means widespread mortality is now underway, with massive portions of these vital ecosystems facing…

Environment

Can a Single Molecule Redefine Sustainability? Inside the 2025 Nobel Chemistry Win

October 10, 2025 Africa Digest News No Comments

In a world battling with escalating climate crises and resource scarcity, the 2025 Nobel Prize in Chemistry shines a spotlight on innovation at the molecular level. On October 8, 2025, the Royal Swedish Academy of Sciences awarded the prestigious prize to three pioneering chemists: Susumu Kitagawa of Kyoto University in Japan, Richard Robson of the…

Science

Will Egypt’s Extended Plastic Project Deliver a Circular Breakthrough?

October 8, 2025 Africa Digest News No Comments

What looks like a delay is actually a rethink. Egypt has stretched its flagship circular economy project on single-use plastics to 2027, a move officials say will allow deeper reform, stronger enforcement, and a more sustainable shift away from disposable culture. The decision to push the project’s timeline from 2026 to 2027 comes from Egypt’s…

MENA