Catalyst Fund has raised $30 million for its investment strategy focused on climate resilience in Africa, with new investors including the International Finance Corporation, Shell Foundation, and Trafigura Foundation. The fund aims to support early-stage startups that are developing solutions to climate-related challenges across the continent, reflecting a growing interest in adaptation technologies.

EdenCare, a digital health insurer based in Rwanda, has secured €250,000 from Proparco, a French development finance institution. This funding is intended to enhance access to affordable, technology-driven healthcare coverage in East Africa, particularly in Rwanda and Kenya, where there are significant gaps in insurance coverage. The investment will facilitate EdenCare's expansion into these markets.

Google has secured permits for a project in the Eastern Cape, which is intended to serve as the southern anchor of a four-hub network across Africa. However, the project has not yet commenced, and specific details about the plan remain undisclosed.

Dr. Charles Mbire, the Chairman of MTN Uganda, will headline the inaugural SBG Securities Investor Day on June 26, 2026. This event aims to enhance local participation in Uganda's financial markets and will be streamed live on the Stanbic Uganda YouTube channel starting at 12:00 PM.

Farouk Ramji, CEO of Mawingu, discusses the potential for Africa's next tech revolution to emerge from rural communities rather than traditional urban centers like Nairobi and Lagos. He highlights how Mawingu, as Kenya's largest ISP for rural and peri-urban areas, is contributing to this transformation by fostering innovation and attracting investment in less populated regions.

Historically, Environmental, Social and Governance (ESG) reporting in East Africa was seen as a voluntary Corporate Social Responsibility initiative aimed at showcasing good corporate citizenship. However, the perception and implementation of ESG practices are evolving, indicating a shift towards more structured and mandatory reporting frameworks in the region.