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Rockefeller Foundation Boss Favourite to Succeed David Malpass at World Bank
Rajiv Shah has emerged as the favorite to succeed David Malpass as head of the World Bank amid calls for the White House to lose its stranglehold.
- Categories
- Investing
- Region
- Global
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Drone Startup Garuda Aerospace raises $22 million funding in Series A Round
The funds will be utilised to scale up and expand the company’s operations. A part of the funds will be used for R&D thus accelerating the development of building advanced drone solutions.
- Categories
- Agriculture, Investing
- Region
- Asia Pacific
- Tags
- innovation, startups
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Press Release: Prime Bank Receives $50 Million from IFC to Support Trade, Forex Liquidity Needs in Bangladesh
The financing package is part of IFC's 'Fast Track COVID-19 Facility,' a package designed to support countries and private sectors to cope with the impacts of the pandemic.
- Categories
- Investing
- Region
- Asia Pacific
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Press Release: Lumin to Invest $136 Million in New Plywood Mill in Uruguay, Expanding Production Capacity to Nearly 500,000 m3
Lumin, a leading timberland and forest products company, will invest ~US$ 136 million to build its third industrial plant in Uruguay.
- Categories
- Investing
- Region
- Europe & Eurasia
- Tags
- forests, impact investing
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QUASH.ai Receives $3.7 Million Investment to Expand Reach in Latin America
The new capital will enable QUASH to expand its reach and provide its services to over 1,000 financial institutions in the next three years.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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India Pledges $4.3 Billion for Cleaner Energy
The announcement shows growing momentum for India’s shift to cleaner energy after a temporary slowdown during the height of the COVID-19 pandemic. In
- Region
- Asia Pacific
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Press Release: IFC and Itaú Partner in a Gender Bond to Support Women Entrepreneurship in Brazil
IFC subscribed $200 million in a gender bond to Itaú Unibanco to support the bank's lending program to women-owned small and medium enterprises in Brazil.
- Categories
- Investing
- Region
- Latin America
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Netherlands Commits $10 Million for UNCTAD’s Work on Digital Economy, Business and Investment Facilitation
The Netherlands’ support has so far strengthened digital business and investment facilitation in six countries in Africa and one each in Asia and Latin America.
- Categories
- Investing, Technology
- Region
- Global
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