Author: Africa Digest News

How Corporate Venture Capital Is Accelerating Climate Tech Innovation

March 9, 2026 Africa Digest News No Comments

Corporate Venture Capital (CVC) refers to investment vehicles established and funded by large, incumbent corporations to deploy capital into early- to growth-stage companies. CVC pursues a dual objective: generating financial returns while delivering strategic value to the parent organisation. Strategic value may include access to emerging technologies, identification of potential acquisition targets, ecosystem influence, supply-chain…

Funding

How Infrastructure Investment Funds Finance Large-Scale Climate Projects

March 9, 2026 Africa Digest News No Comments

Infrastructure investors specialise in deploying capital, typically through equity, senior debt, mezzanine debt, or hybrid structures, into long-lived, asset-heavy projects that provide essential services with stable, predictable cash flows. These investments target physical or network infrastructure, including energy generation and transmission (renewables, conventional power, grids), transportation (roads, ports, rail, airports), utilities (water, wastewater, gas distribution),…

Funding

Can Late-Stage Investors Close the Climate Commercialisation Gap?

March 9, 2026 Africa Digest News No Comments

Growth equity, also referred to as late-stage private equity or expansion capital, involves the provision of capital to mature companies that have already established proven traction, demonstrated scalable business models, consistent revenue growth, and often positive or near-positive unit economics. These investments are designed to fuel rapid scaling, geographic expansion, product diversification, market leadership consolidation,…

Clean energy, Funding

How Congruent Ventures and Partners Are Backing Zeno’s EV Expansion

March 6, 2026March 6, 2026 Africa Digest News No Comments

Published on: Mar 6, 2026 Zeno has secured $25 million in combined Series A equity and debt financing, announced on March 5, 2026. The equity portion, totalling approximately $20.5 million, was led by Congruent Ventures, with participation from more than a dozen new and existing investors, including Active Impact and Lowercarbon Ventures. Debt facilities of…

EV, Funding

Who Is AgroEknor and Why Investors Are Backing Its Growth

March 6, 2026March 6, 2026 Africa Digest News No Comments

Published on: Mar 6, 2026 Acumen has committed capital to AgroEknor, a Nigerian agribusiness company that operates a fully integrated hibiscus value chain. The investment, announced in February 2026, supports AgroEknor’s expansion while advancing inclusive agricultural development and climate-resilient farming practices in Nigeria. AgroEknor sources hibiscus flowers from smallholder farmers, processes the crop into high-quality dried…

Agri-SMEs, Funding

Vanden Avenne Enters Zambian Agrifood Sector with Goldenlay Acquisition

March 5, 2026 Africa Digest News No Comments

Phatisa, through its African Agriculture Fund (AAF), has completed the sale of its majority shareholding in Goldenlay, Zambia’s leading table-egg producer, to Vanden Avenne Group, a Belgian family-owned company specialised in integrated feed manufacturing and animal protein production. AgDevCo, Goldenlay’s long-term debt provider, is also exiting as part of the transaction. Financial terms remain undisclosed….

Agri-SMEs, Funding

How Roam Explorer Is Bringing Real-Time Intelligence to EV Fleets

March 4, 2026 Africa Digest News No Comments

Roam, a Kenyan electric mobility manufacturer, has introduced Roam Explorer, a vehicle intelligence platform that delivers real-time visibility into electric vehicle performance, battery health, location, and usage. The system connects Roam’s electric motorcycles, tuk-tuks, buses, and cars to a centralised digital interface, addressing a critical barrier to scaling electric mobility in Africa: limited asset monitoring…

Uncategorized

How Inspired Evolution Exited Its Controlling Stake in Commercial Energy SA

March 4, 2026March 4, 2026 Africa Digest News No Comments

Inspired Evolution has successfully exited its controlling stake in Commercial Energy SA (CESA), a leading South African clean-energy platform specialising in commercial and industrial (C&I) solar photovoltaic (PV) and battery energy storage system (BESS) assets. The transaction, completed in February 2026, transferred the Evolution II Fund’s shareholding to SolarAfrica Energy, which now becomes the sole…

Clean energy

How Vantage Capital Deployed R635 Million Into Commercial Energy South Africa

March 3, 2026 Africa Digest News No Comments

Vantage Capital has invested R635 million (approximately US$39.5 million) in Commercial Energy South Africa (CESA), a subsidiary of SolarAfrica, through a mezzanine debt facility. The transaction, completed in February 2026, was executed in partnership with co-investor Greenpoint Capital and facilitated the full exit of Inspired Evolution from CESA. As a result, SolarAfrica now holds 100%…

Funding, Clean energy

How Phatisa Made Zaad Its First Investment Under Food Fund 3

March 2, 2026 Africa Digest News No Comments

Phatisa, through its African Innovation Food Fund 3 (PFF 3), has reached an agreement to acquire Zaad, a South Africa-headquartered investment holding company focused on the agricultural inputs sector. The transaction, announced in February 2026, marks the inaugural investment of PFF 3 and is executed alongside a consortium of co-investors: the Public Investment Corporation (PIC),…

Agri-SMEs