- Rather than viewing climate change as a threat, Africa’s investors should view it through the prism of opportunity, Michelle Kathryn Essomé, CEO of the African Private Equity and Venture Capital Association.
BNP Paribas, ABN Amro and Rabobank are helping coffee giant Neumann Kaffee Gruppe expand its smallholder farmers' financing and support initiative, NKG BLOOM, with a $25 million loan.
The Dutch impact investor's $3.2 million loan will enable Kayonza Tea Factory and its farmer owners to build a second factory in nearby Mpungu.
“Without light, you can’t do anything,” Akinwumi Adesina, president of African Development Bank. Roughly 90 percent of the people living without electricity are in sub-Saharan Africa.
Dutch development bank FMO stepped in as an equity investor, taking a 10% stake in the billion-dollar impact investing firm.
- The 14 startups from eight countries include Niger-based E3D, the neem products producer, Shoots & Roots, a South African commercial nursery, and Rejuvenate Umhlaba!, a Zimbabwe-based company creating a market for land restoration offsets in Africa.
- Japan's Mitsubishi Corporation has been in the solar energy game for 40 years. An equity investment in off-grid solar company BBOXX expands the company's limited footprint in the African market.