West African renewable vitality specialist ManoCap Power has secured $20m (€18.5m) from Mirova’s blended finance debt fund. The funding from the Mirova Gigaton Fund will permit Ghana-based ManoCap Power to proceed constructing its industrial and industrial (C&I) scale photo voltaic enterprise in West Africa. Constructing on its established presence in Ghana and Sierra Leone, ManoCap will broaden its…
Financial institution One gleaned unique perception by assembly with the Gulf area’s key monetary sector gamers to grasp how Mauritius can type a league with monetary establishments within the Center East to fund impactful tasks in sub-Saharan Africa. That is a part of the long-term technique of the financial institution to develop its footprint and…
The Financial Neighborhood of West African States (ECOWAS), has mentioned Nigeria will get a minimum of 55 % of the worldwide water fund coming to member states of the regional bloc. ECOWAS Commissioner for infrastructure, Vitality and Digitization, Sediko Douka, disclosed this on the fifth strange session of the Ministerial Monitoring Committee (MMC), assembly for…
Early-stage VC agency Launch Africa Ventures has invested a complete of US$4.3 million in 16 startups from throughout the continent as far as a part of its second fund, having made 133 investments by way of its first fund. Launched in July 2020 by Zachariah George and Janade du Plessis, with chairperson Margaret O’Connor additionally…
The non-public fairness fund will put money into fast-growing SMEs, primarily in North Africa. At the least 1 / 4 of the fund’s invested capital is earmarked for women-owned or led companies. The Tunis-based fund, which has attracted commitments from plenty of European establishments and the IFC, is a successor to SPE’s Africa Industrialization Fund |…
Dwelling » Normal » The United Nations Inhabitants Fund (UNFPA) launches groundbreaking digital innovation technique and toolkit to assist finish feminine genital mutilation (FGM) and little one marriage in East and Southern Africa With the clock ticking in direction of the 2030 Sustainable Improvement Objectives (SDGs), UNFPA, the United Nations sexual and reproductive well being…
The Africa Transitional Justice Legacy Fund (ATJLF), a public charity, has introduced a considerable dedication of $2.68 million in grants and legacy tasks to assist transitional justice efforts throughout six West African nations. In keeping with ATJLF, $1,555,000 can be allotted to fifteen civil society organisations in Côte d’Ivoire, Liberia, Mali, Northeast Nigeria, Sierra Leone,…
The celebration occurred on 16 June in Monrovia, Liberia. The day was celebrated beneath the worldwide theme: “Schooling for all youngsters in Africa: The time is now”, encompassing a holistic method to training for all, regardless of race, shade, creed and faith, amongst others. The programme, held on the ECOWAS regional radio station, introduced collectively…
Commonplace Financial institution mentioned it’s set to maneuver ahead with funding for TotalEnergies’s deliberate East Africa Crude Oil Pipeline undertaking after finishing a years-long overview. The $5 billion pipeline, which might stretch from Uganda’s oil discoveries to an export terminal on the coast of Tanzania, has confronted sturdy opposition from environmental teams which have scrutinised…