Climate Fund Managers invests in green ammonia project
Cape Town, 12 June 2025: SA-H2 Fund (“SA-H2” also known as “CI3 South Africa”), managed by a partnership between leading climate finance investor Climate Fund Managers (“CFM”) and Dutch development financing institution, Invest International, has committed up to USD 20mn in development funding to complete the final stage of development of the Hive Hydrogen Coega Green Ammonia Project – South Africa’s first large-scale green ammonia production facility.
Source: Climate Fund Managers
E3 Capital, Equator VC and Factor E back Open Access Energy
A Cape Town-based start-up focused on using AI to enable digital infrastructure for electricity trading has closed a US$1.8-million (R32-million) seed funding round, it said on Tuesday.
Source: TechCentral
Hivos-Triodos Fonds provides funding to agri-fintech company
Hivos-Triodos Fonds has provided a €1 million loan to agri-fintech company Apollo Agriculture to support smallholder farmers in Zambia. This investment aims to enhance the profitability of these farmers through optimised financing, quality farm products, expert digital advice and risk management solutions such as crop insurance.
Source: Africa Private Equity News
Jaltech backs South African solar-as-a-service provider
Wetility, a South African solar-as-a-service provider, has secured R500 million (about $27.7 million) from Jaltech, an alternative investment fund manager focused on solar energy projects in South Africa.
Source: Africa Private Equity News
Silverbacks partially exits from OmniRetail with a 5x return
Silverbacks Holdings, an African-focused private investment firm, has sold a portion of its stake in OmniRetail, a Nigerian B2B e-commerce startup, securing a 5x return on its initial investment. This comes one month after securing a 29x return from its Lemfi exit.
Source: Silverbacks Holdings
Vital Capital invests in a land management and geospatial solutions company
Vital Capital has made an investment in Vastpoint to help scale its efforts in transforming land use, ownership and management in some of the world’s most vulnerable regions.
Source: Africa Private Equity News