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Shell-founded startup fund receives $13 million from Canadian DFI to accelerate clean energy access in Africa. Sub-Saharan Africa accounts for 75% of the world’s population with no access to renewable energy solutions and electricity. Sun King has previously raised $170 million in equity and debt funding.
Part of the funding will go toward increasing access to clean energy for off-grid households and businesses in the region. It is estimated that sub-Saharan Africa accounts for 75% of the world’s population without access to electricity and renewable energy solutions could be taken up to bridge that gap. “A
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. .”
The sustainable cooling company, which offers accessible cold storage solutions to businesses across Africa, has raised $2.5 Companies such as Koolboks are providing an alternative by creating a solution that can generate refrigeration without power. million in seed funding.
This TikTok by Charity: Water, below, educates viewers on the lack of clean water in Madagascar. By stringing together a series of marketing videos and adding statistics on the availability of clean water, Charity: Water does an excellent job educating viewers on the need they’re addressing in Madagascar.
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.
Jambo , a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access to crypto-based income-generation opportunities, has raised $7.5 million in seed funding. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.
It currently covers some 20 countries for receiving money, some of the very poorest and/or least developed places in the world including Bangladesh, Cameroon, DRC, Ethiopia, Kenya, Madagascar, Morocco, Nepal, Nigeria, Pakistan, Republic of the Congo, Sri Lanka, Vietnam, Côte d’Ivoire, Ghana, Guinea, Mali, Senegal and Zambia.
We then store all your giving records for you so you can access your donation history any time. The child sex slave in Cambodia or the cyclone victim in Madagascar doesn’t have time for us to wordsmith our mission statements or waste time with lackluster fundraising efforts.
“It was a source of access to air quality information independent of local monitoring networks. He said vulnerable people in Pakistan and around the world are particularly at risk as they are the least likely to have access to other reliable data. They provided another source of information for comparison.”
Lesotho , Madagascar and South Africa were threatened with some of the highest tariff rates under U.S. Madagascar had faced 47% duties on exports to the U.S. by far Madagascars biggest market in the hope that it would arrive while tariffs are still suspended. President Donald Trumps plan. But there were other complications.
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