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Viewpoint: Russia’s Invasion of Ukraine: What Does It Mean for Africa?
The invasion has done profound damage to Russia’s relations with the West, which will be difficult to reverse as long as Putin and like-minded people around him are in power. Africa should brace itself for the challenging years ahead.
- Categories
- Agriculture, Energy, Environment, Finance, Health Care, Investing, Technology
- Region
- Europe & Eurasia
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Visa Partners With Fintech Tribal in Latin America to Expand Small Business Offerings
Visa Inc (V.N), the world's largest payment processor, will partner with payment and financing firm Tribal to expand its offerings for small and medium-sized businesses in Latin America and the Caribbean.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- blockchain, fintech
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Stax Gets $2.2M for Its App That Lets Africans Make Transactions via Automated USSD Codes
Stax, a startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts via automated USSD codes, has raised a $2.2 million seed extension round.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Actis Energy 5 secures $1.2 Billion Impact-Linked Financing
Actis has secured an impact-linked revolving subscription credit facility for its latest energy fund, Actis Energy 5.
- Region
- Sub-Saharan Africa
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Analysis: Development Finance Institutions Are Looking to Africa’s Digital Frontier for Impact and Returns
Development finance institutions have long funded traditional finance and infrastructure projects in Africa; now they’re increasingly backing Africa’s digital future. What will this mean for the continent?
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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M-KOPA Raises $75 Million as It Clocks 2 Million Customers Across Four African Markets
A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of these adults are unbanked and underbanked.
- Region
- Sub-Saharan Africa
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Led by Kenya-Based Entrepreneurs Tesh Mbaabu and Mesongo Sibuti, Marketforce Closes the Largest Series A Round of Its Kind in East and Central Africa
MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, has announced the closing of a $40 million Series A round.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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US Funding USD $500 Million for Solar Panel Manufacturing in India
The Quad leaders have renewed their commitment to promote a free, open, rules-based order in the Indo-Pacific region, the White House said on Thursday, while emphasising that the US is funding USD 500 million to help American companies manufacture solar panels in India.
- Region
- Asia Pacific
- Tags
- renewable energy
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