Venture funds flowing into Africa's climate change businesses
Click here to read full article from source
Tanzania, Sept. 25 -- Nairobi. Startups working to mitigate climate change in Africa have caught the eye of investors as venture funds flow into technology that could shape the future of energy on the continent.
Investment into African tech startups that focus on mitigating climate change is beginning to rise, following a global trend - albeit at much lower valuations than elsewhere.
Since the start of the year, green tech startups offering solutions that help countries keep to the Paris Agreement's goal of limiting global warming to below 1.5 degrees Celsius have attracted growing investor interest.
Several venture capital firms are actively hunting startups while others are building up their war chests to capitalise on existing oppor...
To read the full article or to get the complete feed from this publication, please Contact Us