Africa-focused investment firm, Persistent Energy, has raised $10 million in its Series C funding to help support the renewable energy sector in Africa. The funding round, led by Kyuden International Corporation and FSD Africa Investments, also saw private investors Kotaro Tamura, BK Ventures BV, and DPI Energy Ventures participate. Persistent Energy, founded over a decade ago, is a pioneer investor in Africa’s renewable sector. The investment firm works to support and build businesses that can “scale sustainably.” They provide financial capital for startups and allow their team members to work
The historical and ongoing cost of not addressing our climate disasters is some-what insane. The United States is said to have spent $29bn cleaning up climate disasters in the 1990s, but $112bn dollars in the last five years. That’s a huge jump. This week we’re celebrating the Black-owned innovative companies from across the US that are working on sustainability and environmental solutions. The three founders, based across the US — from Silicon Valley in California to tribal nations across the Midwest — are driving innovation in energy efficiency, AI, solar,
