Nigeria-based FinTech firm, Flutterwave has recently made it to the headlines following its announcement of raising USD 170 million in Series C Funding round led by Tiger Global Management and Avenir Growth Capital. This new funding has now brought in the total fundraise of the company to USD 225 mi
Category: Technology
Study claims offshore wind farms could fulfill all of SA’s power demand
A study conducted by the Stellenbosch University concluded that offshore wind farms, if built in certain areas of South Africa, could potentially meet all of country’s electricity demands. The research led by Gordon Rae and Dr. Gareth Erfort involved use geographic information system methods t
AfDB approves $27Mn financing for Egypt’s 200MW solar energy project
Accelerating the transition to sustainable energy to meet escalating power demands, Egypt’s 200 MW solar energy project has recently attained approval from the African Development Bank (AfDB) for a $27.2 million financial backing that will be used for supporting the project’s design, con
Ola follows Tesla’s footsteps, plans to build electric cars & scooters
According to reliable sources, Ola is looking to transition from a mobility services provider to a global leader in low-cost EV (electric vehicle) market, modeled after Elon Musk’s famed car and clean energy company Tesla, Inc. Sources close to the matter stated that the firm will produce 10
Harmony Gold to set up its first 10 MW solar power project
The company plans to generate its own electricity by harnessing the benefits of solar power South African gold mining company, Harmony Gold is nearing its plans of adding 30 MW of self-generated solar power into its existing electricity mix, with commencement of initial phase of the project involvin