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Cleantech Qotto embarks on growth plan backed by $8M funding

TechCrunch

The Off-Grid Energy Access Fund (FEI-OGEF), Cordaid, and Qotto’s existing investors also participated in the round. Sun King raises $260M to widen clean energy access in Africa, Asia Founded in 2016, Qotto designs and distributes stand-alone solar kits and lanterns to individuals residing in the least electrified regions of Africa. .”

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Sun King raises $260M to widen clean energy access in Africa, Asia

TechCrunch

One of the largest solar companies in Africa and Asia, Sun King , has raised $260 million in series D funding to deliver off-grid energy technologies to more people across the two continents. Part of the funding will be used to expand the business’ presence. Sun King has previously raised $170 million in equity and debt funding.

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TikTok for Good: The Nonprofit’s Guide to Marketing on TikTok

Qgiv

unitedway The app you are on right now is helping fund this work! This TikTok by Charity: Water, below, educates viewers on the lack of clean water in Madagascar. charitywater About 50% of Madagascar’s population lacks access to clean water, but we’re on a mission to change that! Check out the examples below!

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Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets

TechCrunch

In one development of that theme, today, Taptap Send — one of the startups building tools to manage these money transfers — is announcing $65 million in growth funding as it continues its mission to enable remittances specifically to the most overlooked countries.

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Clean energy firm Husk signs UN energy compact as it begins solar mini-grid expansion in Nigeria, rest of Africa

TechCrunch

Sub-Saharan Africa accounts for 75% of the world’s population with no access to renewable energy solutions and electricity. Countries like South Sudan, Burundi, Chad, Malawi, Burkina Faso, Madagascar, Tanzania are among some of the least electrified countries in the world, and could benefit from clean energy from solar or wind.

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Shell-founded startup fund receives $13 million from Canadian DFI to accelerate clean energy access in Africa

TechCrunch

FinDev Canada has injected $13 million into Energy Entrepreneurs Growth Fund ( EEGF ), which invests in early and growth-stage energy startups in sub-Saharan Africa. Part of the funding will go toward increasing access to clean energy for off-grid households and businesses in the region.

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Paris-based Koolboks closes $2.5M seed round to scale solar refrigeration across Africa

TechCrunch

The sustainable cooling company, which offers accessible cold storage solutions to businesses across Africa, has raised $2.5 million in seed funding. Nigeria-based growth equity fund Aruwa Capital Management led the round with participation from Acumen, Blue Earth Capital, All On, GSMA and other investors.

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