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Ox Delivers Shifts up a Gear with £1.2 Million Energy Catalyst Grant for Clean Transport in Africa
The grant will specifically support the development of a sustainable energy infrastructure in Rwanda.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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India’s Small Exporters Reel as Red Sea Crisis Helps Rivals Nab Business
In India, small exporters - who account for 40% of the country's annual merchandise exports worth some $450 billion - have warned that job losses have started and could soar if the attacks, which began late last year, become prolonged.
- Region
- Sub-Saharan Africa
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Reimagining Enterprise Support and Advisory Services for Energy SMEs: Five Principles for Boosting their Impact in the Global South
Over 675 million people still lack access to electricity (as of 2021) — over 80% of whom live in sub-Saharan Africa. As Godfrey Simiyu Katiambo at Mercy Corps Energy4Impact explains, bridging this energy gap in an equitable, sustainable manner will require not only a massive increase in funding, but also targeted support for the small-and-medium enterprises (SMEs) that are advancing clean energy access in underserved communities. He explores the growing need for enterprise support and technical and business advisory services that cater to these SMEs' unique challenges, and proposes five ways to boost the impact of these services.
- Categories
- Energy, Environment
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ITFC, Asia Alliance Bank Ink $10 Million Deal to Boost Private Sector in Uzbekistan
According to a statement by ITFC, this line of funding will specifically address import and pre-export requirements for private sector clients, including SMEs, in Uzbekistan.
- Categories
- Investing
- Region
- Europe & Eurasia
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Nigeria’s Carbon Buys Vella Finance for AI-Powered Business Banking
Carbon's focus is on providing Nigerians with access to credit in the form of instant loans and a BNPL offering. It also offers savings plans and a debit card.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Injaro Raises $17.5 Million Fund to Support SMEs in Ghana and Ivory Coast
The company plans to utilize the fund to invest in leading small and medium-scale businesses (SMEs) in Ghana and Cote d’Ivoire.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, venture capital
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Press Release: Bold Raises $50 Million in Series C Funding Round Led by General Atlantic and IFC
Bold was founded in 2019 to serve small and medium-sized businesses (SMBs) with a mission of fostering financial inclusion through the democratization of Colombia's digital economy.
- Categories
- Finance, Technology
- Region
- Latin America
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Tek Experts and Cytek Unveil State-Of-The-Art Security Operations Centre to Protect Businesses in Nigeria and West Africa
The Security Operations Center is operated by a team of cybersecurity experts and delivers a full suite of cutting-edge cybersecurity solutions.
- Categories
- Technology
- Region
- Sub-Saharan Africa