Author: Africa Digest News

How Eveready East Africa Is Reinventing Itself After Battery Losses

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Eveready East Africa has executed a major strategic pivot from its traditional battery distribution business toward an integrated clean energy platform. Announced in early February 2026, this transformation addresses prolonged financial challenges that resulted in a negative equity position of Sh1.01 billion as of March 2024, stemming from years of losses in the legacy dry-cell…

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Clean energy

How Spiro’s Sh903 Million Funding Round Strengthens Its Growth Strategy

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Spiro has raised Sh903 million (approximately US$7 million) to accelerate the expansion of its electric motorcycle fleet and battery-swapping infrastructure across Kenya and other African markets. This funding round, announced in mid-February 2026, enables the company to intensify rider acquisition, increase the density of swap stations, and scale overall fleet operations. Spiro’s model allows motorcycle…

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EV

How the Skoot e3W Cuts Fuel Costs by Up to 30% for Urban Operators

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Skoot Technology has launched the Skoot e3W, a battery-swapping electric three-wheeler specifically designed for urban tuk-tuk operators in Kenya. Distributed locally by Car & General and powered by SUN Mobility’s battery-swapping platform, the vehicle addresses rising fuel prices and vehicle downtime challenges prevalent in the informal transport sector. Following two years of pilot testing in…

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EV

How IFC’s $5 Million Equity Commitment Strengthens ARC Ride’s Position

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The International Finance Corporation (IFC) proposes an equity investment of up to $5 million (approximately KSh 645 million) in ARC Ride, a Nairobi-based electric mobility company specialising in battery-as-a-service (BaaS) solutions for two-wheelers. This commitment, disclosed on February 12, 2026, forms part of ARC Ride’s Series A financing round and aims to accelerate network expansion…

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EV

How Tatu City Is Using Conservation to Reframe Urban Growth

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Tatu City plans to invest Sh342.53 million (approximately US$2.65 million) in a 60-hectare wildlife sanctuary, branded as Tatu City Sanctuary. This initiative, detailed in recent regulatory filings, forms part of the mixed-use special economic zone’s (SEZ) strategy to integrate conservation-led amenities into its master-planned urban environment. Developed by Rendeavour on a 5,000-acre site in Kiambu…

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Environment

Can Cleaner, High-Efficiency Refineries Coexist With Climate Goals?

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The Dangote Petroleum Refinery has achieved a full nameplate capacity of 650,000 barrels per day (bpd), marking a historic milestone as the first single-train refinery globally to reach this level of steady-state operation. Announced on February 11, 2026, the accomplishment follows optimisation of the Crude Distillation Unit (CDU) and Motor Spirit (MS) production block, with…

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Environment

Why Banks Are Backing Utility-Scale Solar for South Africa’s Power Crisis

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SolarAfrica has secured R1.5 billion (approximately US$94 million) in debt financing from Rand Merchant Bank (RMB, part of FirstRand Bank) and Investec Bank Limited to develop SunCentral 2, a 114 MW utility-scale solar power plant in the Northern Cape. Announced on February 10, 2026, this transaction marks a key milestone in the company’s transition from…

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Funding

Phatisa Targets Africa’s Food Value Chain with US$86 Million First Close for Food Fund 3

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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…

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Funding

What a Carbon-Credit Licence Would Mean for M-Gas and Low-Income Households

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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…

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Clean energy

The Fundamentals of Data Centre Cooling Systems

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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…

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Technology, Power and Energy conservation