Solar energy start-up Jirogasy in fundraising push to finance its solar computer and expansion in East Africa

MADAGASCAR – After the successful launch of its solar computer Jirodesk II, Malagasy company Jirogasy, has joined the Seedstar and Shell Foundation’s acceleration program to open a fundraising round.  Jirogasy, the first company to manufacture connected objects and solar kits “made in Madagascar” for e-health and e-education, has been deploying its new generation solar computer Jirodesk II for a month now. The computer is more autonomous, compact, equipped with a GPS, a data feedback box and adaptable to remote maintenance. The local innovation, the fruit of a team of 100%…

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DFC and Shell Foundation partner to invest US$145m on renewable energy in Africa and Asia

AFRICA – The U.S. Development Finance Corporation (DFC) and the Shell Foundation have signed a partnership to strengthen their investments in renewable energy in Africa and Asia to the tune of US$145 million by 2025. The two partners are thus committed to mobilising the resources to support the African private sector, particularly small electricity producers who install clean energy systems in rural areas. As part of the partnership, DFC is committed to providing US$100 million in debt and equity to support early-stage companies. For its part, the Shell Foundation aims…

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Seedstars and Shell Foundation partner to launch a new innovation programme

AFRICA – Seedstars, a global venture capital fund, and Shell Foundation, an initiative of the oil major Royal Dutch Shell, have joined forces to look for sustainable, scalable and innovative startups addressing universal access to energy-related challenges, as well as sustainable agriculture, mobility and transportation. With support from the UK Foreign, Commonwealth & Development Office (FCDO), they are launching the Energy, Mobility and Agriculture Innovation Program to find African tech entrepreneurs in the mobility, transportation, energy, and agriculture space in order to provide them with the resources, training, and potential…

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