Materials: Up, Up, Up

In the last two weeks, this blog has narrowed in on the subcontractor market and the remodeling market, looking at economic and technological trends for each market. Now, let’s look at nonresidential construction. The AGC (Associated General Contractors of America) notes that the price of materials and services in nonresidential construction specifically has increased about…

E3 Capital and Lion’s Head climate fund hits first close at $48M to back African startups

The E3 Low Carbon Economy Fund for Africa (E3LCEF), a fund by early-stage VC E3 Capital (formerly Energy Access Ventures), and emerging markets-focused investment bank Lion’s Head Global Partners, has hit the first close at $48.1 million. The E3LCEF limited partners include FMO, the Dutch entrepreneurial development bank; Swedfund International AB, the Swedish development finance…