Category: Clean energy

Enko Capital has announced that its Impact Credit Strategy, which recently reached a first close of US$100 million, has made a strategic investment in Metalosul, an Angolan subsidiary of the Omatapalo Group. The financing will support the acquisition of photovoltaic panels for a 724 MW solar infrastructure project in Luanda, one of the largest renewable…

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Posted on April 15, 2026 by Africa Digest News South African-founded artificial intelligence startup Refiant has secured US$5 million in seed funding, led by climate-focused investment firm VoLo Earth Ventures. The capital will accelerate the development and commercialisation of its proprietary model compression technology, which significantly reduces the energy and infrastructure required to run large-scale AI systems. The…

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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,…

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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%…

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The GSMA has launched the Innovation Fund for Green Transition for Mobile, a grant programme that provides targeted support to small and growing enterprises in Africa, Central and South America, and South and Southeast Asia. Applications are open until 6 April 2026, with full terms and conditions available on the official GSMA website. The fund…

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