AIC News

UK Climate Investments has committed £15 million (approximately $19.8 million) of follow-on funding to support Revego Africa Energy Limited’s (Revego) long-term growth and mobilise further private finance flows in support of South Africa’s clean energy transition.

In its plenary held on 21 October 2021 in Paris, the Financial Action Task Force (FATF) removed Botswana from its grey list of jurisdictions.

MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five additional markets across Africa to grow RejaReja.

Meta and Africa No Filter, a narrative change organisation, have announced a partnership to launch “Future Africa: Telling Stories, Building Worlds” – a program aimed at boosting the use of Virtual Reality in Africa’s storytelling.

ABL announced it has received a $6M Series Pre-A investment to fund the launch of its crypto wallet VIBRA to drive the mass adoption of digital assets in Africa.

If we invest now to develop Africa’s scientific capacity, the continent will be better prepared to detect and respond to the next outbreak.

The Emerging Africa Infrastructure Fund (EAIF), the African Development Bank (AfDB) and Proparco will be the senior lenders for the 34MW Djermaya Solar project in Chad.

UK Climate Investments has committed £15m of follow-on funding to support Revego Africa Energy Limited grow its portfolio of operational renewables capacity in South Africa.

Incumbent Adama Barrow won a second, five year term on a platform of continuing ambitious infrastructure development projects, and inviting foreign investment into Gambia’s energy sector.

The IMF has always promoted gas and other big resource projects in Mozambique, but Meyer- Cirkel went on to raise some questions.