Category: Funding

How €17M in New Funding Could Power Burkina Faso’s Solar Revolution

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As Africa accelerates its shift to clean energy, FMO is stepping up with an €11.2 million investment in Burkina Faso’s Dédougou Solaire project, advancing sustainable power in one of the continent’s most energy-challenged regions. This investment, drawn from FMO’s Building Prospects Fund, is set to transform the nation’s energy sector by funding an 18-megawatt peak…

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Clean energy, Funding

Did Clean Energy Just Power Africa’s Biggest Funding Month of 2025?

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July 2025 set a new benchmark for Africa’s startup scene, with $555 million raised, the highest monthly total this year. That’s a sharp jump from June’s $391.1 million, driven largely by a clean energy boom powered by bold equity plays and debt financing. But did clean energy truly power Africa’s biggest funding month of 2025?…

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Clean energy, Funding

Is This How We Power Africa Without Governments?

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Sun King, the world’s leading off-grid solar energy provider, has secured a historic $156 million (KES 20.1 billion) local currency securitisation, marking the largest commercial-bank-backed securitisation in Sub-Saharan Africa outside South Africa. This transformative deal will expand affordable solar energy access to 1.4 million low-income households and businesses across Kenya, reinforcing Sun King’s mission to…

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Clean energy, Funding

Kenyan Climate Tech Startups: How to Access Funding for Green Innovation

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Kenya is emerging as a global leader in climate technology, with startups driving sustainable solutions to address pressing environmental challenges like desertification, food insecurity, and renewable energy access. In 2024 alone, Kenyan climate tech startups secured $248 million, accounting for 39% of the country’s total startup funding and 44% of funding since 2019, totalling approximately…

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Funding

Smallholder Farming Gets a Boost as One Acre Ventures Invests in Enimiro Uganda

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In the heart of Uganda’s lush farmlands, a transformative partnership is taking root. One Acre Ventures, the investment arm of the renowned One Acre Fund, has announced a strategic investment in Enimiro Uganda, a dynamic agribusiness empowering over 4,600 smallholder farmers. This collaboration is set to redefine sustainable agriculture in the region, promoting climate-smart practices…

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Funding

Gather Ventures Launches Climate Fund to Accelerate Women’s Impact in Africa

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Gather Ventures, an impact investment firm founded by Kenyan-born Jo Opot, has launched the Gather Impact Fund, a climate-focused initiative aimed at empowering women-led startups across Africa. Backed by Rihanna’s Clara Lionel Foundation, this fund is set to redefine climate finance by prioritising women’s economic empowerment and environmental sustainability. Launched in 2021, the fund targets…

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Funding