Author: Africa Digest News

Can IFC and Actis Scale Renewables Fast Enough to Meet Global Net-Zero Goals?

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In a timely boost for the world’s stalling energy transition, the International Finance Corporation (IFC) has proposed a landmark $100 million equity investment in the Actis Energy 6 Fund, alongside a $100 million co-investment envelope, for a potential total of up to $200 million. The move, disclosed on November 12, 2025, aims to turbocharge sustainable…

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Funding

How BII and BlueOrchard Are Unlocking $250 Million in Insurance Capital for Climate Action

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Climate finance has a math problem: trillions needed, billions delivered. But a new alliance between British International Investment (BII), the UK’s development-finance institution, and BlueOrchard Finance Ltd, the impact-investment arm of Schroders Group, aims to rewrite that equation. Enter a landmark partnership. On November 10 they launched the BlueOrchard Climate Action Mobilisation Fund (BOCAMF), which…

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Funding

How China’s Chery Is Bringing Affordable Electric Mobility to Kenya’s Middle Class

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In a market long dominated by second-hand imports, Chinese automaker Chery is shaking up Kenya’s automotive scene with a bold entry targeting the nation’s fast-growing middle class. In partnership with Caetano Kenya, the brand is rolling out a lineup of electric and hybrid SUVs that blend affordability, advanced technology, and reliability, offering a new value…

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Energy

Why Investors Are Rallying Behind Sedgeley Solar’s Green Energy Vision

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Sedgeley Solar Group (SSG), a newly formed powerhouse born from the merger of SolarSaver and Sedgeley, announced a landmark $60 million equity raise. Anchored by Inspired Evolution’s Evolution III Energy Transition Fund, which committed $30 million, and co-led by Dutch development financier FMO and Sweden’s Swedfund, the raise signals resurgent investor confidence in scalable, impact-driven…

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Funding

What You Need to Know About the JSE’s Push for Climate Transparency

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In an era when climate risk is as material as credit risk, stock exchanges are rewriting the rulebook for corporate transparency. And in Africa, the Johannesburg Stock Exchange (JSE) is leading that charge. Its Sustainability and Climate Disclosure Guidance, first launched in 2022 and refined through 2025, is a roadmap pushing corporate South Africa toward…

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Environment

How Limbua Kenya Is Scaling Sustainable Macadamia Processing with BIO’s Backing

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As Kenya strengthens its policies on agricultural value addition, Limbua Kenya is emerging as a model for inclusive, climate-smart growth. Backed by a new investment from Belgium’s BIO, the social enterprise is scaling its organic macadamia processing network, linking over 10,000 farmers to global ethical markets. The deal comes as Kenya’s macadamia sector, projected to…

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Agri-tech, Funding

Why Farm to Feed’s $1.5M Raise Signals the Rise of Sustainable Agritech in Africa

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Kenya’s Farm to Feed has secured $1.5 million in seed funding to scale its innovative B2B platform that rescues surplus produce from smallholder farmers. With backers including Delta40 Venture Studio and Catalyst Fund, the agritech aims to tackle $1.5 billion in annual food losses while building a new model for climate-smart trade in Africa. From…

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Funding

How nextProtein’s €18M Series B Is Building Africa’s Largest Insect Protein Plant

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Tunisia’s agritech trailblazer nextProtein has just secured €18 million ($20.7 million) in Series B funding to build Africa’s largest insect protein production facility,a move set to transform how the continent produces sustainable feed and food alternatives. Co-led by Swen Capital’s Blue Ocean Fund and the UK’s British International Investment (BII), the round cements nextProtein’s position…

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Funding, Agri-tech

Kerry and Concern Worldwide Champion Sustainable Nutrition in Kenya.

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In the arid landscape of Tana River County, a partnership between global nutrition leader Kerry and the humanitarian organization Concern Worldwide is yielding tangible results. Their joint ‘ALIVE’ programme is actively empowering smallholder farming communities, transforming the challenges of climate vulnerability and food insecurity into opportunities for sustainable growth. For many in rural Kenya, the…

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Editorial

Why the EU-Funded ElectriFI Chose Sawa Energy to Lead Africa’s C&I Solar Charge

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In a significant boost for East Africa’s clean energy transition, ElectriFI, the EU-funded Electrification Financing Initiative managed by EDFI Management Company, has injected €2.5 million (USD 2.88 million) in equity into Sawa Energy, a fast-scaling renewable energy company operating in Uganda and Rwanda. The investment, made through ElectriFI’s Uganda Country Window, will accelerate deployment of…

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Funding