New Financial Initiatives Target Africa for Green Growth, Cross-Border Payments, and Business Operations - September 2025

The Second Africa Climate Summit in Addis Ababa opened with a call for unlocking trillions in funding for green growth, urging global financial reforms. Leaders at the summit emphasized Africa's potential as a climate solution provider. In the financial technology sector, global B2B payments platform Verto has launched the Atlas Suite, a new set of API-first solutions to simplify cross-border transactions across the continent. This suite aims to address challenges such as regulatory complexity and currency volatility. Additionally, Aavishkaar Capital made its fourth investment in Africa by backing spice processor Horizon Group Africa with a loan from its Global Supply Chain Support Fund (GSCSF) to help scale its operations.