1. Hummingbird One Fund Secures $6.25 Million First Close for African Clean Energy
Oikocredit has committed to Hummingbird One, a new blended finance investment vehicle launched by Charm Impact to provide small-ticket loans to early-stage renewable energy and clean cooking companies across Sub-Saharan Africa. [Read more]: https://www.oikocredit.org/news/oikocredit-invests-in-charm-impacts-hummingbird-one-to-support-early-stage-renewable-energy-companies-in-africa/
2. FASA Commits $5 Million to Catalyst Fund in First Investment to address Climate adaptation
FASA (“Financing for Agri-SMEs in Africa”) has just made its first investment by committing $5 million to Catalyst Fund, a pan-African venture capital fund supporting entrepreneurs developing solutions to help communities adapt to the growing impacts of climate change, including droughts, extreme weather and food insecurity. [Read more]: https://www.ietp.com/en/content/fasa-makes-its-first-investment
3. OKO Secures Seed Investment From Jambaar Capital to expand climate insurance in Africa
OKO has secured seed‑stage investment from Jambaar Capital to expand access to affordable agricultural insurance for smallholder farmers across Mali, Côte d’Ivoire and other markets. Additional investors include Catalyst Fund and Mercy Corps.[Read more]: https://www.linkedin.com/posts/oko-solutions_africantech-insurtech-climateresilience-activity-7448359051601776640-yF4q/?utm_source=share&utm_medium=member_desktop&rcm=ACoAAD6ahegBFEXXcAPSP6kAiqg2nAawtKzC6N0&cid=em-GSO+-+MSISV+-+May+Newsletter+-+20260520_114233-5202026
4. REI Cameroon Commissions Country’s First Privately Operated Solar Mini-Grid
Cameroon has commissioned its first privately operated solar mini-grid under the National Energy Compact, bringing a 100 kWp installation online in the village of Voundou in the Centre Region. Developed, owned and operated by Renewable Energy Innovators Cameroon (REI Cameroon), the project marks the first commercial implementation of the distributed renewable energy pillar under the country’s Energy Compact framework. [Read more] https://solarfinanced.africa/updates/rei-cameroon-commissions-countrys-first-privately-operated-solar-mini-grid?utm_source=solarfinancedafrica.beehiiv.com&utm_medium=newsletter&utm_campaign=news-update-may-2026-part-1&_bhlid=a1fc13fbd4a5c44d829cb18a2c7e0c0b741c71d3
5. Four Ways African Countries Can Secure Better Outcomes from Chinese-Supported Power Projects; Lessons from Ghana
The Energy for Growth Hub, a Washington-based think tank, said the West African nation delivered five solar, hydro, and gas projects with China between 2013 and 2020 “at reasonable cost, on relatively strong timelines, and with fewer quality problems” than elsewhere in the region. It noted four lessons from Ghana that other countries could use: set cost benchmarks, use competitive tendering, hire expert negotiators, and invest in construction oversight. [Read more] https://energyforgrowth.org/article/four-ways-african-countries-can-secure-better-outcomes-from-chinese-supported-power-projects/?utm_source=semafor