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Press Release: DFC Approves More Than $655 Million of Investments to Bolster Infrastructure, Energy Security, Food Security, and Healthcare in Q2 of FY2023
The transactions will support U.S. foreign policy and development priorities across the globe.
- Categories
- Energy, Investing, Technology
- Region
- Global
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Equator Secures $40 Million in Commitments for Fund Targeting Climate Tech Startups in Africa
Despite the role technologies play in improving the world’s environmental footprint, raising venture capital has proved chiefly hard in years past.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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New Report Shines Spotlight on E-Mobility Innovators Unlocking Access to the US $3.65 Billion Motorcycle Market in Sub-Saharan Africa
Electric motorcycles are set to be a dominant force in sub-Saharan Africa’s sustainable mobility transformation.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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Forge Ventures Leads US $1.5 Million Funding in Indonesian Supply Chain Tech Startup Baskit
Baskit aims to strengthen the traditional distribution chains of distributors and wholesalers with commercial support and technology.
- Categories
- Technology
- Region
- South Asia
- Tags
- startups, supply chains
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Sao Tome and Principe: African Development Bank Signs $3.2 Million Loan Agreement for Upgrade of National Switch Payment System
Automated Clearing House functionalities will strengthen the clearing and settlement of payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Avanti Finance Secures $24 Million Equity Funding From Rabo Partnerships, IDH Farmfit Fund
The funds will provide support for the company to provide affordable and localised credit products for smallholder farmers in India.
- Categories
- Agriculture, Finance, Investing, Technology
- Region
- Asia Pacific
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Parallex Bank Secures $10 Million Trade Finance Facility From Africa Export Import Bank
This finance is part of Afreximbank’s commitment to supporting the growth and development of financial institutions in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Microsoft Begins Wave of African Layoffs in Kenya
While the layoffs have mostly been concentrated in Seattle, Washington, where Microsoft’s operations are based, other countries have not been spared—Kenya being the first in Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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