Wetility, a subscription solar service provider focused on both the residential and commercial solar markets, has secured R500-million in structured capital funding from Jaltech. The capital provided by Jaltech will be used to fund solar and battery systems, allowing Wetility to add more than 16MW of solar capacity in South Africa in time. “This funding…
Kagiso Trust has officially launched its 40th anniversary celebrating four decades of meaningful impact in education, socio-economic development, civil society, and local governance. As the organisation enters this milestone year, it unveils its new positioning statement: “Igniting Human Capacity” a reflection of its mission to empower individuals and communities as drivers of sustainable change. A Model…
Despite a recent surge in terrorist attacks, the region is more at risk of fragmentation than centralised jihadist rule. Insecurity has risen sharply in the Sahel in recent months. Between late May and early June, major attacks claimed by Jama’at Nusrat ul-Islam wa al-Muslimin (JNIM) and the Islamic State in the Greater Sahara (ISGS) targeted…
Hiruy Amanuel, co-founder, Gullit VC Partner Content After years of rapid expansion, the continent’s startup ecosystem is now adapting to a more measured pace, with investors emphasising sustainable business models and long-term value creation. According to the African Private Equity and Venture Capital Association (AVCA), total funding for African startups declined by 46% in 2023…
TLDR Mediterrania Capital Partners (MCP) has announced the final close of its fourth investment vehicle, raising €600 million ($686 million) The Malta-based private equity firm will use the capital to support mid-cap and SME businesses across North and West Africa The fund targets sectors with strong growth potential, including healthcare, financial services, FMCG, logistics, education,…
