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Catalyst Fund completes $30 million second close to back Africa’s climate-tech startups

Published 2 July 2026

For Catalyst Fund, investing in climate technology has evolved from being impact-focused as the sector proves it can deliver both commercial returns and measurable impact.

The Catalyst Fund's investment in climate technology is a strategic move, as the sector has proven to be a viable investment opportunity. The fund's focus on climate technology is driven by the growing demand for climate-resilient infrastructure and services, as well as the need for innovative solutions to address the impacts of climate change. The investment will be used to support startups that are working on a range of climate-related challenges, including:
* Renewable energy and energy efficiency
* Sustainable agriculture and climate-resilient agriculture
* Climate-resilient infrastructure and urban planning
* Climate change mitigation and adaptation

The Catalyst Fund's $30 million investment is a significant milestone in the continent's growing climate technology sector. The investment is expected to have a significant impact on the sector, as it will help to accelerate the growth and scale of climate-tech startups. The fund's investment will also help to attract other investors to the sector, as it demonstrates the commercial viability of climate technology. Some key metrics that illustrate the potential of the climate technology sector in Africa include:
1. $2.5 trillion: the estimated value of the African climate technology market by 2025
2. 25%: the expected annual growth rate of the African climate technology market
3. $10 billion: the estimated amount of investment required to support the growth of the African climate technology sector

The Catalyst Fund's investment in climate technology is part of a broader trend of growing investment in the sector. The investment is driven by the growing recognition of the importance of climate technology in addressing the impacts of climate change, as well as the need for innovative solutions to support the transition to a low-carbon economy. As > "climate change is one of the most pressing challenges of our time, and it requires a coordinated and sustained response from governments, businesses, and individuals. The Catalyst Fund's investment in climate technology is an important step in this direction, as it will help to support the growth and scale of climate-tech startups and accelerate the transition to a low-carbon economy."

The Catalyst Fund's investment in climate technology is expected to have a significant impact on the sector, as it will help to accelerate the growth and scale of climate-tech startups. The investment will also help to attract other investors to the sector, as it demonstrates the commercial viability of climate technology. In the coming years, we can expect to see a growing number of climate-tech startups emerging in Africa, as well as increased investment in the sector. This will be driven by the growing demand for climate-resilient infrastructure and services, as well as the need for innovative solutions to address the impacts of climate change.

The Catalyst Fund's $30 million investment in climate technology is a significant milestone in the continent's growing climate technology sector. The investment is a testament to the growing recognition of the importance of climate technology in addressing the impacts of climate change, as well as the need for innovative solutions to support the transition to a low-carbon economy. As the sector continues to grow and mature, we can expect to see a growing number of climate-tech startups emerging in Africa, as well as increased investment in the sector.

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