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Itaú Launches R$500 Million CVC Fund by Absorbing Kinea Ventures
The current downturn in venture capital funding, following the 2021 boom, has created a favorable environment for CVC funds that still have capital to deploy.
- Categories
- Finance
- Region
- Latin America
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Brazil, Others to Tap $1 Billion Industry Decarbonisation Programme
The countries will all be able to access cheap financing from CIF's Industry Decarbonization Investment Program, with every $1 expected to draw in $12 in financing from other sources, including development banks and the private sector.
- Categories
- Environment, Finance
- Region
- Global
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African Remittance Startup LemFi buys UK Card Issuer
Remittance flows to low- and middle-income countries rose nearly 6% last year to $685 billion, according to a World Bank estimate.
- Categories
- Finance, Technology
- Region
- Global
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Viewpoint: Afreximbank Downgrade Raises Questions About Bank’s Strategy
"The Cairo-based institution, which has grown by leaps and bounds over the last decade, often seems determined not to be bogged down by orthodox multilateral development bank practices."
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Which Countries Will Be Hit Hardest by the US Remittance Tax?
The figures in this article show how the United States’s proposed tax could impact formal remittances, including both the tax itself and the price effects.
- Categories
- Finance
- Region
- Global
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Afrocentric Credit Rating Agency to Debut Soon
The decision to establish an AfCRA was to provide fair, transparent and development-focused credit ratings that reflect the realities and potential of African economies.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Analysis: Solving the Last-Mile Puzzle: How Non-Banking Financial Companies are Democratising EV Ownership in India’s Tier II and III Cities
"The real leap in electric mobility won’t happen on highways—it will begin in the heart of India, where NBFCs are helping turn aspirations into access, and vehicles into ventures."
- Categories
- Energy, Finance, Transportation
- Region
- Asia Pacific
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dLocal to Acquire Aza Finance
dLocal's growth has been significantly propelled by its strong presence in the Middle East and Africa, regions characterised by high cryptocurrency adoption.
- Categories
- Finance, Technology
- Region
- Global
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