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

TechCrunch

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.

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

TechCrunch

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

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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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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 Companies such as Koolboks are providing an alternative by creating a solution that can generate refrigeration without power. million in seed funding.

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

Qgiv

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.

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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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Jambo raises $7.5M from Coinbase, Alameda Research to build “web3 super app” of Africa

TechCrunch

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.

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