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U.S. Imports of Latin America Oil Soar as Refiners Replace Russian Barrels
U.S. refiners imported about 1.3 million barrels per day (bpd) of crude and fuel oil from Latin America in April, the highest in seven months according to U.S. Customs data, as buyers began replacing Russian supplies.
- Categories
- Energy
- Region
- Latin America
- Tags
- energy access
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Brazil’s Odata Invests Close to US$80 Million in First Mexican Hyperscale Datacenter
Brazilian datacenter firm Odata has opened its first Mexican hyperscale datacenter after an investment of 388mn reais (US$79mn).
- Categories
- Technology
- Region
- Latin America
- Tags
- data, impact investing
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London-Based Lightrock Looks to Fuel Latin American Growth With New $300 Million Fund
London private equity firm Lightrock unveiled a fresh $300m Latin America fund today as it looks to spur growth in ‘purpose-driven’ entrepreneurs across the region.
- Categories
- Investing
- Region
- Latin America
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Brazilian Fintech Nomad Raises $32 Million in Series B Funding
Latin American fintech Nomad, which enables Brazilians to establish bank accounts in the United States, has raised $32 million in Series B financing.
- Categories
- Finance
- Region
- Latin America
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Dock Receives $110 Million In Funding for Its Digital Payment and Banking Platform
Dock offers a full-stack platform that offers solutions to both payments and digital backing, covering the entire ecosystem.
- Categories
- Finance, Technology
- Region
- Latin America
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World Bank Provides US$56 Million to Support Sustainable Blue Economy Growth in the Eastern Caribbean
The funding will support several Eastern Caribbean countries in catalyzing the sustainable economic potential of their living marine and coastal assets.
- Categories
- Environment
- Region
- Latin America
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Bankingly of Uruguay Raises $11 Million in Equity Round Led by Dalus Capital to Help Financial Institutions Boost Digital Inclusion in Africa, Asia, Latin America
Uruguay’s Bankingly recently secured an investment package totalling USD 11 million, which it plans to use to expand in Latin America and Africa as well as enter Southeast Asia.
- Region
- Latin America
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ABC Fund Injects $3 Million into Microfinance Lending in Colombia
The Agri-Business Capital Fund (‘ABC Fund’) today announces that it has completed a USD 3 million loan to Colombia-based Finamiga, which focuses on lending to small farmers and independent workers.
- Categories
- Agriculture
- Region
- Latin America
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