Why Kenya Is the First Stop in Lauritz Knudsen’s African Expansion

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Lauritz Knudsen Electrical & Automation (LK), a global leader in electrical and automation solutions, recently launched its operations in Nairobi, marking its first venture into the African market. With over 70 years of expertise, the company, now under Schneider Electric’s umbrella, chose Kenya as its strategic gateway to the continent. But why Kenya? Kenya’s Economic…

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Technology

What Britam’s EV Insurance Means for Your Battery and Wallet

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As Kenya accelerates its shift toward green mobility, Britam General Insurance has launched a groundbreaking Electric Vehicle (EV) insurance cover, designed to address the unique needs of EV owners. Announced on August 20, 2025, this product supports Kenya’s goal of having EVs constitute 5% of new vehicle registrations by 2025, as outlined in the Ministry…

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Clean energy

Agri-SMEs Take Centre Stage with SEFAA $10M Funding

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Africa’s agricultural sector is at a turning point, and the Social Enterprise Fund for Agriculture in Africa (SEFAA) is leading the charge. Managed by Sahel Capital, SEFAA has secured a $10 million investment from the Mastercard Foundation Africa Growth Fund, administered by Mennonite Economic Development Associates (MEDA) in Mauritius. This capital injection is set to…

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Funding

What the IFC’s Push Against Gender-Based Violence Could Change for Employers

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IFC has unveiled two key initiatives, the Gender-Based Violence Center of Expertise and the Respect@Work Program, to address gender-based violence and harassment (GBVH) in workplaces around the globe. These initiatives aim to create safer, more inclusive business environments, recognizing that eliminating GBVH is essential to advancing gender equality, improving business performance, and unlocking the full economic potential…

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Editor's Picks

CrossBoundary Energy Lights Up Africa With $40M Boost

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CrossBoundary Energy (CBE), a leading developer of renewable energy solutions for commercial and industrial clients in Africa, has secured a $40 million equity-like investment from Impact Fund Denmark (IFDK). This strategic funding will accelerate the expansion of CBE’s clean energy projects across the continent, supporting sustainable development and economic growth. Here’s everything you need to…

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Funding

Africa50 Turns Climate Vision into Capital with AGIA First Close

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With an $118 million first close, Africa50’s AGIA-PD fund is set to catalyse green infrastructure development across the continent, signalling growing investor confidence in Africa’s sustainable future. This milestone marks a key moment in mobilising capital for climate-resilient infrastructure, setting the stage for transformative projects across the continent. Here’s how AGIA-PD is reshaping Africa’s path…

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Funding

Ampersand Attracts Global Green Investors to Back Africa’s EV Future

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Ampersand is charging ahead, backed by fresh funding to scale clean mobility across East Africa. The pioneering electric vehicle (EV) energy tech company has closed a significant investment round to accelerate the rollout of its electric motorcycle and battery swap network. With new backing from global investors and climate-focused funds, Ampersand is set to double…

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Clean energy, Funding

How This Partnership Could Slash Downtime for Africa’s Electric Buses

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Africa’s EV future just accelerated. BasiGo is now the authorised service agent for CATL, the world’s top EV battery maker, which commands over 37% of the global EV battery market, bringing global battery expertise to the heart of Sub-Saharan Africa. This landmark collaboration is set to transform the region’s EV ecosystem by ensuring reliable, local…

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Technology, Clean energy

British High Commission & Earthshot Unite to Power African Solutions

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Africa is not just part of the global climate conversation; it’s leading it. Recently, the Earthshot Prize, in partnership with the British High Commission in Nairobi, hosted Kenya Connect, a vibrant event celebrating African innovation and collaboration. This gathering spotlighted game-changing solutions and bold partnerships driving the continent’s environmental transformation. From solar-powered cold chains to…

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Clean energy

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