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Originally published by Capital Businessbusiness
July 16, 2025
9mo ago
PREO awards €4.26mn to 22 clean tech firms in Africa

NAIROBI/LONDON, July 16 – Powering Renewable Energy Opportunities (PREO) has announced €4.26 million in grant funding to 22 clean tech companies Kenya breaking news | Kenya news today |..
✨ Key Highlights
Powering Renewable Energy Opportunities (PREO) has awarded €4.26 million in grants to 22 clean tech companies across sub-Saharan Africa, the largest funding round to date on July 16.
- €4.26 million awarded, marking the sixth funding round
- Backed by UK aid and the IKEA Foundation, aims to boost renewable energy utilization
- Over 613 applications received, highlighting the growing interest in clean energy start-ups
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Economic Developments in Africa and Global Trade
PREO awards €4.26mn to 22 clean tech firms in Africa while Trump claims tariff deal with Indonesia and imposes tariffs on Mexican tomatoes.
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