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More money is going to African climate startups, but a huge funding gap remains
By CARLOS MUREITHI Associated Press NAIROBI, Kenya (AP) — When Ademola Adesina founded a startup to provide solar and battery-based power subscription packages to individuals and businesses in Nigeria in 2015, it was a lot harder to raise money than it is today. Climate tech was new in Africa, the continent was a fledgling destination
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More money is going to African climate startups, but a huge funding gap remains
More money is going to African climate startups, but a huge funding gap remains
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More money is going to African climate startups, but a huge funding gap remains
By CARLOS MUREITHI Associated Press NAIROBI, Kenya (AP) — African climate-tech startups are increasingly raising money from private sources, but while those funds for climate solutions are growing, a huge gap remains in meeting the actual financial needs for climate action in Africa. Africa requires an estimated $277 billion annually to implement its climate goals.