Nairobi-based VC firm Catalyst Fund is investing USD 2 mn in 10 African startups focused on climate resilience, according to a statement. Egyptian waste management company Bekia, Egyptian agritech firm Visual and AI solutions (VAIS), and Moroccan agroforestation startup Sand to Green are three of the firms selected. Each of the startups will receive USD 100k in equity financing and another USD 100k for venture building assistance.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

• Egypt and Greece will appoint a third party consultant to conduct feasibility studies for their subsea EUR 3.5 bn Greece-Egypt Interconnector power line. (Al Ahram)
• The Saudi cabinet approved energy agreements with Ecuador and Colombia. (Statement)