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Mozambique: $47.09 Million Grant From African Development Fund for Special Agro-Industrial Processing Zone
The grant, from the African Development Fund, will help improve agricultural productivity and agribusiness development in the Niassa province by advancing institutional capacity, skills, and entrepreneurship to spur agricultural value chain growth.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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Nigerian Mobility-Tech Startup MAX Bags $31 Million in Series B Round, Set To Expand Across Africa, Build EV Infrastructure
Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX) is planning to enter more markets across Africa as it races toward formalizing the continent’s transportation sector after securing $31 million in Series B funding.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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BlackRock Raises $673 Million for Climate-focused Infrastructure Fund
The world's largest money manager hopes the fund, announced on Tuesday and dubbed the Climate Finance Partnership, will show how to mobilize private capital in developing countries to tackle climate change, a sticking point at United Nations climate talks underway in Glasgow.
- Categories
- Environment
- Region
- Global
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Kenya’s Twiga Raises $50 Million To Scale Food Solutions Across Africa
Twiga Foods uses technology to build supply chains in food and retail distribution in Africa, and it recently announced a $50 million Series C round to scale its efforts in the East African nation and other neighboring countries.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Pismo Raises $108 Million Series B Led by Softbank, Amazon and Accel To Enable Cloud-native Financial Services Globally
Pismo, the cloud-native core banking and payments platform, announced the signing of a $108 million Series B fundraising round.
- Categories
- Finance
- Region
- Global
- Tags
- data, fintech, infrastructure, innovation
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ARM-Harith Launches $250 Million Climate Investment Fund in West Africa
Mauritius-registered infrastructure fund manager ARM-Harith Infrastructure Investments is launching a new fund. The facility, which will be capitalised at $250 million, will focus on financing climate-resilient infrastructure in West Africa.
- Region
- Sub-Saharan Africa
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Made in India Virus Kits Boost Testing, and Local Industry
Over a year later, most Indians can access PCR tests at a fraction of the cost — due to a large-scale public-private partnership, known as InDx, that set up the local know-how and infrastructure to manufacture these tests within India.
- Categories
- Coronavirus, Health Care
- Region
- Asia Pacific
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DFC Surpasses $6.7 Billion in Commitments in 2021 During Record Fiscal Year
U.S. International Development Finance Corporation (DFC) today announced it committed $6.7 billion to support private sector development projects in Fiscal Year (FY) 2021 ended September 30, representing the largest level of financial commitments in a single year in 25 years.
- Categories
- Investing
- Tags
- infrastructure
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