Who Benefits From AECID’s $10M Bet on Novastar’s NVIII?
The Spanish Agency for International Development Cooperation (AECID) has greenlit a commitment of up to $10 million to Novastar Ventures’ Africa People + Planet Fund III (NVIII). This investment stands as Spain’s largest-ever pledge to a pan-African impact venture fund, underscoring Madrid’s deepening role in channelling climate-aligned finance to the continent. As Africa’s economies grapple…
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