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Efishery Founder Sentenced to 9 Years in Prison
An Indonesian court has sentenced eFishery founder Gibran Huzaifah to nine years in prison over a fraud scandal that exposed inflated financial reporting and shook Southeast Asia’s startup investment market.
- Categories
- Agriculture, Energy, Investing
- Region
- South Asia
- Tags
- agtech, regulations, startups, venture capital
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Africa’s Firms are Not Growing—New Data Reveal a Jobs Challenge
Across 48 Sub-Saharan African economies, a firm that has operated for nearly three decades employs barely twice the workers it had at birth. The gap relative to high-income economies is large, structural, and costly.
- Categories
- Agriculture, Energy, Finance, Health Care, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Sub-Saharan Africa
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IFC and Santander Brazil Are Partnering to Catalyze the Eco Invest Program, Expanding Sustainable Financing in Brazil
Through this support for the Eco Invest initiative, IFC will help expand Santander’s ability to offer more affordable financing to sustainable projects eligible under the program’s criteria, in sectors such as renewable energy, energy efficiency, sustainable construction, clean transportation, and agribusiness resilience.
- Region
- Latin America
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SolarAid CEO John Keane is Stepping Down
SolarAid today announced that its Chief Executive Officer, John Keane, has decided to step down from his role in June
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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responsAbility Invests Up to USD $15 Million in South East Asia’s Skye Renewables
With this funding, Skye Renewables plans to scale its project portfolio in Southeast Asia, aiming to increase its installed capacity to several hundred MWp within five years.
- Region
- South Asia
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South Africa Refiant AI Raises $5 Million Seed Funding to Help it Expand
The startup has secured a US$5 million seed round, led by VoLo Earth Ventures, a California-based climate technology fund.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Farming Under Solar: How Agriphotovoltaics Can Transform Rural Livelihoods in India
As India scales up solar energy, a critical question has emerged: Can this transition deliver clean power without displacing farmers from their land? According to Laxmi Sharma, Bidisha Banerjee, Subhodeep Basu and Ashok Gulati at the Indian Council for Research on International Economic Relations, the country's renewable energy expansion has been led by large, ground-mounted solar projects, often located on agricultural land. But while this model has been effective in scaling solar capacity, it has also created a disconnect between the energy and agriculture sectors, while limiting participation among farmers. They explore how agriphotovoltaics (Agri-PV) can address these issues by enabling the cultivation of crops beneath or between panel arrays, and discuss the pros and cons of different Agri-PV operating models.
- Categories
- Agriculture, Energy
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ECOIL Bags $2.5 Million to Turn Waste Cooking Oil Into Biofuel
The Jaipur-based startup intends to use the fresh capital to scale its operations, improve tech and expand its presence across key markets in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
- Tags
- innovation, renewable energy, scale, startups, waste
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