Category: Funding

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…

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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…

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DEG has committed €30 million to the Africa Go Green Fund (AGG), a debt fund managed by Cygnum Capital dedicated to financing projects in Sub-Saharan Africa that reduce greenhouse gas emissions and enhance energy efficiency. This commitment, announced in early January 2026, enables the deployment of medium- to long-term structured debt, mezzanine financing, guarantees, and…

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When Safaricom PLC opened subscriptions for its KSh 40 billion Domestic Medium-Term Note (MTN) Programme on November 25, 2025, Nairobi’s capital markets took notice. The programme’s debut tranche, a KSh 15 billion green bond carrying a 10.4% fixed coupon and exempt from withholding tax, quickly became the most talked-about security on Kenya’s financial timeline. With…

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When African and European leaders convened in Luanda on November 24, 2025, the European Investment Bank (EIB) placed a bold marker on the table: a €2 billion commitment to accelerate renewable energy development across Africa over the next two years. Far from cosmetic diplomacy, the pledge anchors a sweeping €15.5 billion Team Europe package designed…

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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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As the global race toward net-zero accelerates, green bonds are emerging as one of the most effective tools for financing climate-positive projects. These instruments channel capital directly into renewable energy, sustainable agriculture, water systems, resilient infrastructure, and other climate-critical sectors. For Kenya, where droughts, flooding, and climate volatility carry heavy economic and social costs, green…

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As climate pressures intensify and capital flows increasingly favour sustainability, green bonds have evolved from limited instruments into essential tools for funding climate-resilient growth. Kenya has embraced this shift, positioning green bonds at the centre of its transition to low-carbon development. Whether you’re a first-time investor or a seasoned analyst exploring East Africa’s green finance…

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