Category: Funding

KCB Foundation has launched the EV Explorers Rhino Charge 2026 Innovation Challenge, bringing together innovators, engineers and industry players to develop solutions aimed at advancing electric mobility in Kenya and beyond. Launched at the KCB Leadership Centre, the initiative connects education, practical engineering experience and innovation, with two female students pursuing engineering courses at technical…

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Airnergize Capital, the clean technology investment platform of South Africa’s New GX Capital, has confirmed the final close of its debut fund at R3.89 billion, roughly $239 million, with the Development Bank of Southern Africa committing R240 million as lead development finance institution. The fund brings together some of South Africa’s largest commercial balance sheets…

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The International Finance Corporation has disclosed a proposed investment of up to $40 million in the Camco Renewable Energy Performance Platform 2, a private debt fund financing decentralised renewable energy projects across sub-Saharan Africa. The investment would flow through REPP 2’s senior debt tranche and remains subject to approval, with IFC’s board scheduled to review…

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DOB Equity has invested in Irrisol Engineering, a Ugandan water infrastructure company that designs, builds and operates solar powered water systems for rural and peri-urban communities. The investment amount was not disclosed, but the capital will support Irrisol’s operational expansion and the rollout of more community water mini-grids across Uganda, including plans to extend into…

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Every climate startup eventually faces the same fundamental question. How should the company actually fund its growth and operations. The answer is rarely simple, since several very different options exist. Debt, equity, and grants each come with distinct benefits and tradeoffs. Choosing the wrong type of capital can create serious long term problems. Understanding these…

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Genser Energy Investments has closed a €456 million package of term and revolving credit facilities to fund its next phase of energy infrastructure development across West Africa. The financing was arranged by a syndicate of three major African banking groups, First Rand Bank through its Rand Merchant Bank division, Absa Bank, and Standard Bank of…

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Africa holds enormous potential for climate friendly investment and growth. It has abundant sunlight, wind, and untapped agricultural resources. Yet investors often hesitate to commit large amounts of capital there. The reasons are rarely about opportunity itself. They usually involve perceived risk, currency volatility, and limited track records. Blended finance has emerged as a practical…

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