Author: Africa Digest News

How Standard Bank Structured a $250 Million Deal to Scale Aradel Energy

February 2, 2026 Africa Digest News No Comments

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…

News

Why Enakl’s Model Appeals to Climate and Urban Infrastructure Funds

January 29, 2026 Africa Digest News No Comments

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…

Funding

What Sun King’s HomePlus Max Offers Kenyan Households and Small Businesses

January 27, 2026January 27, 2026 Africa Digest News No Comments

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…

Clean energy

Top Companies Driving Cold Chain Warehousing Innovation in Kenya (2026 Update)

January 26, 2026January 26, 2026 Africa Digest News No Comments

Kenya’s cold chain warehousing sector continues to evolve rapidly in 2026, driven by increasing demand for temperature-controlled storage and logistics in agriculture, fisheries, pharmaceuticals, and food retail. Innovations focus on solar-powered facilities, scalable platforms, integrated technology, and sustainable solutions to reduce post-harvest losses, ensure product integrity, and support export growth. Leading companies combine infrastructure development…

Technology

From Pay-Per-Use to Logistics-as-a-Service: Kenya’s Cold Chain Business Models Explained

January 26, 2026January 26, 2026 Africa Digest News No Comments

Kenya’s cold chain sector has transitioned from traditional asset-heavy models to innovative, service-oriented approaches that prioritise accessibility, affordability, and sustainability. As of 2026, business models such as pay-per-use (often termed Cooling-as-a-Service or CaaS) and Logistics-as-a-Service (LaaS) address critical challenges including high upfront capital costs, post-harvest losses, and fragmented supply chains in agriculture, fisheries, and pharmaceuticals….

Technology

GLF Africa 2026: Stewarding Our Rangelands

January 22, 2026 Africa Digest News No Comments

Event Type: Conference Theme / Focus: Revitalizing Africa’s Rangelands and Pastoralist Communities through Stewardship, Governance, and Innovation (in the International Year of Rangelands and Pastoralists, addressing climate threats, underinvestment, and sustainable economic opportunities) Date: May 6–7, 2026 Location: Nairobi, Kenya | Hybrid Overview GLF Africa 2026: Stewarding Our Rangelands is a hybrid conference organized by…

Climate Events

What Mirova’s $19 Million Investment Means for Kenya’s Cold Chain

January 22, 2026January 22, 2026 Africa Digest News No Comments

Mirova has committed $19 million to Cold Solutions Kiambu (SEZ) Limited through its Mirova Gigaton Fund, announced on January 21, 2026. This investment supports the expansion of sustainable, energy-efficient cold chain warehousing and logistics in Kenya, with a focus on integrating rooftop solar power to reduce operational emissions and enhance climate resilience. Cold Solutions…

Funding

Will Institutional Investors Follow Allianz Into Emerging Market Climate Credit?

January 21, 2026January 22, 2026 Africa Digest News No Comments

British International Investment (BII) has become an anchor investor in the Allianz Credit Emerging Markets fund (ACE), a landmark blended finance vehicle designed to mobilise private capital for climate-aligned investments in emerging markets. Announced in January 2026, this commitment positions BII as a key participant in the junior tranche, contributing $40 million alongside other development…

Funding

How MAX Turned Profitability Into a $24 Million Clean Mobility Raise

January 19, 2026 Africa Digest News No Comments

Metro Africa Xpress (MAX) has secured $24 million in combined equity and debt financing, announced on January 16, 2026. This capital infusion follows the company’s achievement of profitability in its Nigerian operations and accelerates its strategic transition to electric vehicle (EV) financing and clean mobility infrastructure across West and Central Africa. MAX electric mobility…

Funding

Will Sanivation’s Expansion Redefine Sanitation Infrastructure in Kenya?

January 19, 2026 Africa Digest News No Comments

The Private Infrastructure Development Group (PIDG) has committed $3.8 million to Sanivation, comprising $3.3 million in equity investment through its InfraCo project development solution and an additional $500,000 grant via its technical assistance facility. This funding, announced in mid-January 2026, supports the expansion of Sanivation’s innovative faecal sludge treatment facility in Naivasha, Kenya, advancing circular…

Funding