Sustainability
BasiGo lands $42 million to scale electric bus supply in East Africa
BasiGo, the Kenyan electric vehicle manufacturer has closed US$42 million in new funding led by Africa50, the pan-African infrastructure investor…
Author: TEAM Electric
Covering the intersection of innovation and the environment, we track the green tech solutions shaping Kenya’s sustainable future.
Sustainability
Acorn Holdings redeems Africa’s first green housing bond early
Acorn Holdings Limited has announced the early redemption of its Ksh 5.7 billion Green Bond, marking a significant milestone in…
Sustainability
BURN Lands $15 Million To Scale Electric Cooking In East Africa
BURN, the manufacturer of clean cooking stoves has secured a US$15 million investment from the European Investment Bank (EIB). The…
Sustainability
Standard Chartered Awards Sh8.75 Million to 7 Sustainability Women-led Startups
Last week, Standard Chartered Kenya, in collaboration with Strathmore University’s @iBizAfrica awarded Sh 8.75 million to seven women-led startups in the…
Sustainability
Kenya Seals KSh95.68 Billion Power Project Deal with Adani
Kenya Electricity Transmission Company Limited (KETRACO) has signed a new deal with Adani Energy Solutions for the development of transmission…
Sustainability
Safaricom lands second $116.73m sustainability linked loan from local banks
Kenya’s leading telco Safaricom has secured another KES 15 billion (($116.73 million) Sustainability Linked Loan, bringing the total loan facility…
Sustainability
BYD Partners With Loxea To Unveiling The ATTO 3, Dolphin, & Seal in Kenya
BYD Partners With Loxea To Launch The ATTO 3, Dolphin, & Seal in Kenya September 25, 2024 September 25, 2024…
Sustainability
Equity Group elevates sustainability efforts, setting global benchmark in climate-related transactions
Equity Group has set a global benchmark with the highest number of climate-related transactions among 258 financial institutions worldwide. The…
Renewable Energy
AESL deepens its footprint in Khavda with the award of 7 GW Renewable Energy Evacuation Transmission Network
Adani Energy Solutions (AESL), India’s largest private transmission and distribution company and part of the globally diversified Adani portfolio has…
Sustainability
Green Climate Fund greenlights $151 million for AfDB’s climate resilience programme
The Green Climate Fund has approved $151 million in financing for a major resilience programme supported by the African Development…