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Category: Funding

How Mulilo Plans to Use Norfund’s Capital to Unlock a 30 GW Clean Energy Pipeline

Posted on November 14, 2025 By Africa Digest News No Comments on How Mulilo Plans to Use Norfund’s Capital to Unlock a 30 GW Clean Energy Pipeline
How Mulilo Plans to Use Norfund’s Capital to Unlock a 30 GW Clean Energy Pipeline

South Africa’s fragile electricity system is set for a lift after Norfund, Norway’s state-owned development finance institution, committed $75 million (R1.3 billion) for a minority stake in Mulilo Energy Holdings. The investment comes through Norfund’s Climate Investment Fund, advised by Standard Chartered, and follows Copenhagen Infrastructure Partners’ (CIP) $200 million injection in 2023. Together, these…

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Clean energy, Funding

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

Posted on November 13, 2025 By Africa Digest News No Comments on Can IFC and Actis Scale Renewables Fast Enough to Meet Global Net-Zero Goals?
Can IFC and Actis Scale Renewables Fast Enough to Meet Global Net-Zero Goals?

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

Posted on November 12, 2025November 12, 2025 By Africa Digest News No Comments on How BII and BlueOrchard Are Unlocking $250 Million in Insurance Capital for Climate Action
How BII and BlueOrchard Are Unlocking $250 Million in Insurance Capital for Climate Action

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

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

Posted on November 11, 2025 By Africa Digest News No Comments on Why Investors Are Rallying Behind Sedgeley Solar’s Green Energy Vision
Why Investors Are Rallying Behind Sedgeley Solar’s Green Energy Vision

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

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

Posted on November 6, 2025 By Africa Digest News No Comments on How Limbua Kenya Is Scaling Sustainable Macadamia Processing with BIO’s Backing
How Limbua Kenya Is Scaling Sustainable Macadamia Processing with BIO’s Backing

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

Posted on November 6, 2025 By Africa Digest News No Comments on Why Farm to Feed’s $1.5M Raise Signals the Rise of Sustainable Agritech in Africa
Why Farm to Feed’s $1.5M Raise Signals the Rise of Sustainable Agritech in Africa

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

Posted on November 6, 2025 By Africa Digest News No Comments on How nextProtein’s €18M Series B Is Building Africa’s Largest Insect Protein Plant
How nextProtein’s €18M Series B Is Building Africa’s Largest Insect Protein Plant

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

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

Posted on November 4, 2025 By Africa Digest News No Comments on Why the EU-Funded ElectriFI Chose Sawa Energy to Lead Africa’s C&I Solar Charge
Why the EU-Funded ElectriFI Chose Sawa Energy to Lead Africa’s C&I Solar Charge

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

What EDFI ElectriFI’s $1M Reinvestment Means for GOGO Electric and Uganda’s EV Market

Posted on November 4, 2025 By Africa Digest News No Comments on What EDFI ElectriFI’s $1M Reinvestment Means for GOGO Electric and Uganda’s EV Market
What EDFI ElectriFI’s $1M Reinvestment Means for GOGO Electric and Uganda’s EV Market

In a major vote of confidence for the country’s green transport ambitions, EDFI ElectriFI, the EU-backed Electrification Financing Initiative managed by EDFI Management Company, has announced a $1 million follow-on investment in GOGO Electric, Uganda’s leading e-mobility startup. The new capital, unveiled during the EU’s Green Diplomacy Week in late October 2025, raises ElectriFI’s total…

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Funding

Will Inspired Evolution Turn Zafiri’s $300M Fund Into Reality for 30 Million Africans?

Posted on October 27, 2025 By Africa Digest News No Comments on Will Inspired Evolution Turn Zafiri’s $300M Fund Into Reality for 30 Million Africans?
Will Inspired Evolution Turn Zafiri’s $300M Fund Into Reality for 30 Million Africans?

Zafiri, a pioneering decentralised renewable energy fund, has selected Inspired Evolution as investment manager for its $300 million launch, a move set to catalyse energy access and sustainable livelihoods for millions across Africa. Backed by global heavyweights like the African Development Bank (AfDB), International Finance Corporation (IFC), The Rockefeller Foundation, Trade and Development Bank Group…

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Funding

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