Funding tracker: November sees $1 billion in investment flows

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Africa’s circular economy received a major boost in November, attracting $1.013 billion in new tracked commitments, a $984 million increase from October’s $29.35 million. The funding, from a mix of public and private players, spanned North, East, and southern Africa, backing projects from large-scale urban circular initiatives to innovative waste-to-value ventures.

• Southern Africa dominates in scale, securing $925 million from the World Bank to enhance urban service delivery, including solid waste management.

• North Africa follows with $87.7 million for projects in Egypt and Tunisia, while East Africa is represented by Kenya, receiving $17,400 for innovative start-ups.

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