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Africa

Africa: Climate-Driven Disruptions to Education in Africa Raise Protection Risks for Millions of Children

eriinfo.com1 day ago012 mins

United Nations — The escalating global climate crisis has led to an increase in the frequency of climate-induced natural disasters, affecting millions worldwide. As governments struggle to keep up due to persistent funding shortfalls and inadequate preparedness and response mechanisms, education systems in Eastern and Southern Africa continue to deteriorate, pushing millions of children into…

Africa

Africa: Ecobank Group Plans $500m Raise to Refinance Debt

eriinfo.com2 days ago04 mins

Ecobank Transnational Incorporated (BRVM: ETIT) is preparing to raise $500 million through a subordinated debt issue as it moves to refinance part of its balance sheet ahead of a regulatory deadline in June 2026. The Lomé-based lender plans to use the proceeds to exercise a call option on about $350 million of existing Tier 2…

Africa

Africa: Egypt Leads As African Tech Startups Raise $711m in First Quarter

eriinfo.com3 weeks ago03 mins

African startups raised $711 million across more than 80 deals in the first quarter of 2026, according to data tracked by TechCabal Insights. About 18% of deals had undisclosed values. The disclosed funding reflects a mix of equity, debt, and grants flowing into the ecosystem during the period. Egypt led funding with $154 million, followed…

EV charging start-up Charge bypasses JSE for token-based raise

eriinfo.com4 weeks ago07 mins

Charge chairman Joubert Roux Off-grid EV charging infrastructure company Charge (formerly Zero Carbon Charge) is planning a public investment offering in the coming months, bypassing the JSE in favour of a token-based exchange called Mesh. Joubert Roux, the company’s founder, revealed the plans in an interview with TechCentral on Wednesday and said Charge is currently…

Africa

Africa: Fears of a Faltering Aviation Climate Scheme Raise Stakes for Africa’s Carbon Economy

eriinfo.com1 month ago05 mins

As regulators prepare to rule on the future of a global aviation climate program, a growing number of experts and project developers are warning that the outcome could determine whether the system succeeds collapses. The decision, expected from the Council of the International Civil Aviation Organization, will shape the supply of carbon credits available under…

Africa

African Startups Raise $575m As Fintech Investing Loses Momentum

eriinfo.com2 months ago06 mins

Fintech remained the largest recipient of startup investment in Africa in early 2026, but funding data shows investors expanding into logistics, transport and energy. African startups raised $575 million across 58 deals between January and February 2026, according to TechCabal. In January, fintech companies led funding activity with $131.6 million raised. Major funding rounds from…

Africa: Ukraine War Videos Raise Questions Over Russia’s Recruitment of Africans

eriinfo.com3 months ago05 mins

Videos shared on Ukrainian social media since the weekend claim to show African nationals fighting in the ranks of the Russian army – raising fresh questions about Moscow’s overseas recruitment practices. The footage, widely circulated online, shows black men in Russian military uniforms being humiliated, threatened or described as expendable. The language used has drawn…

Africa

Africa: Millions of Africans Locked Out of Services As Biometric Digital IDs Raise Privacy and Access Concerns

eriinfo.com5 months ago04 mins

Nairobi — Millions of Africans are unable to access essential services, including healthcare, education, social protection payments, and voting, as new biometric digital-ID systems continue to be imposed across the continent, a new report by the African Digital Rights Network (ADRN) warns. The systems require citizens to provide personal and biometric information, with limited safeguards…

SpaceX may look to raise -billion in blockbuster 2026 IPO

SpaceX may look to raise $25-billion in blockbuster 2026 IPO

eriinfo.com5 months ago06 mins

SpaceX’s Starbase facility in Texas. Gabriel V Cardenas/Reuters Elon Musk’s SpaceX is looking to raise more than US$25-billion through an initial public offering in 2026, a move that could boost the company’s valuation to over US$1-trillion, a person familiar with the matter said on Tuesday. The company’s move towards a public listing, which could rank…

Afreximbank Says Africa Must Raise Factoring Volumes to At Least €240 Billion to Support SME-Led Transformation

eriinfo.com5 months ago04 mins

Afreximbank has highlighted the critical importance of factoring and supply chain finance (SCF) in narrowing Africa’s Small and Medium Enterprises (SMEs) financing gap and building resilient value chains across the continent. Speaking at Afreximbank’s annual Factoring Workshop in Abidjan, Côte d’Ivoire, Mrs Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development (IAED) at Afreximbank…