Acumenโ€™s new $90 million Kawisafi fund to back African climate-tech startups
TechCabal - Sep 12, 2025
Acumen's KawiSafi fund has secured $90 million in approved capital for climate solutions in Africa. The fund will support companies providing clean power, sustainable transport, and affordable cooking alternatives.
SolarNow Goes Dark: East Africaโ€™s Solar Pioneer in Liquidation
Tech In Africa - May 30, 2025
SolarNow Services (K) Ltd was put into voluntary liquidation on 13 May 2025. The company had sold over 37,000 solar systems and employed about 900 people across 65 branches in Uganda and Kenya.
IFC Commits $25M to Acumenโ€™s Fund for Expanding Energy Access in Africa
Tech In Africa - Oct 15, 2024
IFC commits up to $25 million to Acumenโ€™s H2R Fund. H2R Fund aims to electrify 72 million people in Sub-Saharan Africa over ten years.
Rwandan Electric Motorcycle Company Ampersand Secures $19.5 Million Investment
Tech In Africa - Jan 18, 2024
Ampersand secured a significant investment of $19.5 million through debt and equity funding. The funding round was led by the Ecosystem Integrity Fund and included participation from notable investors such as Acumen and the Hard Edged Hope Fund.