PayPal Holdings Inc. has unveiled an ambitious $100 million investment commitment across the Middle East and Africa, marking a significant strategic expansion into regions experiencing unprecedented digital commerce growth. The multi-year initiative represents PayPal’s most substantial regional investment to date and underscores the company’s confidence in the transformative potential of digital payments across emerging markets. […]

British International Investment has committed $20 million to transform energy access across Africa’s most underserved regions through a groundbreaking partnership with Acumen’s Hardest-to-Reach Initiative. This investment represents a strategic bet on innovative financing models that could unlock clean energy solutions for more than 50 million people while addressing the continent’s chronic electricity deficit that affects […]

In a landmark move that signals accelerating momentum in South Africa’s renewable energy transition, Norfund, Norway’s development finance institution, has committed US$86.1 million to back the strategic merger of two leading renewable energy companies, creating a powerhouse entity positioned to reshape the country’s energy landscape. The merger between African Clean Energy Developments (ACED) and Energy […]

Yango Ventures, the Dubai-based corporate venture capital arm of global tech conglomerate Yango, has announced a strategic investment in Zanifu, a Kenyan fintech specializing in working capital solutions for small and medium-sized enterprises. This marks the fund’s second major investment in Kenya this year, solidifying the country as a critical beachhead for Yango’s ambitious African […]