Climatetech

Catalyst Fund reaches $30M for debut pan-African climate fund

Jul 3, 2026

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2 min read

Catalyst Fund reaches $30M for debut pan-African climate fund

The second close brings IFC, Shell Foundation, Trafigura Foundation and Speedinvest onto the register of a fund targeting $40 million to back 40 climate resilience startups, a portfolio that already includes Egypt's Bekia, NoorNation and VAIS alongside Morocco's Sand to Green.

Jamie Lane

Climatetech

Anara Impact Capital closes debut fund at $48M to back learning, climate and wellbeing startups across the Arab world

Jun 3, 2026

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1 min read

Anara Impact Capital closes debut fund at $48M to back learning, climate and wellbeing startups across the Arab world

The fund is anchored by KfW Development Bank on behalf of the German Federal Ministry for Economic Cooperation and Development and the European Commission, alongside Jordan's ISSF (Innovative Startups and SMEs Fund), Dara Holdings and a group of regional family offices and HNWIs.

Jamie Lane

Climatetech

Egypt's Falak Startups exits used cooking oil startup Delta Oil at a 25.5x return

Apr 10, 2026

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4 min read

Egypt's Falak Startups exits used cooking oil startup Delta Oil at a 25.5x return

The stake has been acquired by Den VC, a US-based venture capital firm operating in emerging markets including Africa and the Arab region, which has added Delta Oil to its active portfolio.

Jamie Lane

Climatetech

Kingdom Holding acquires Prince Alwaleed's stake in Bill Gates' Breakthrough Energy Ventures at a 30% discount

Apr 10, 2026

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4 min read

Kingdom Holding acquires Prince Alwaleed's stake in Bill Gates' Breakthrough Energy Ventures at a 30% discount

The stake's valuation has been relatively stable, recorded at $96.6 million in 2022, $91.4 million in 2023 and $98 million in the latest reporting period, placing Kingdom Holding's entry below all three marks.

Jamie Lane