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Moving the Clean Cookstoves Sector Forward: Six Principles for Investors
Around 3 billion people rely on solid fuels for their daily cooking needs, causing adverse health, environmental and socioeconomic impacts – especially among women. Clean cookstoves promise a solution to these issues, but according to Mitzi Perez Padilla at FMO and Fabrizio Valenti at KSAR & Associates, the sector's effectiveness depends highly on how investment decisions are made. They share insights from a recent study that identifies six principles investors should follow to ensure that clean cookstove investments yield the greatest possible impact.
- Categories
- Energy, Impact Assessment, Investing
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Clikalia Clicks on $86 Million to Expand its iBuyer Marketplace Across Europe and Latin America
Clikalia, another player in the so-called iBuyer space, has raised $86 million to take that model to markets in Europe and Latin America.
- Categories
- Investing
- Region
- Latin America
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Grab Acquires Jaya Grocer to Expand Its On-Demand Grocery Delivery in Malaysia
The deal enables Grab to bring more Jaya Grocer retail stores onto its marketplace and leverage Jaya Grocer's large supplier network further to expand its GrabSupermarket
- Categories
- Investing, Technology
- Region
- South Asia
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The Growing Urgency of Funding Off-Grid Solar: Exploring the Multi-Billion Dollar Investment Opportunity in Achieving Climate and Energy Access Goals
The off-grid solar industry currently serves 420 million people, while enabling remote and vulnerable populations to adapt to climate change. But as Koen Peters at GOGLA points out, financial flows into the sector have stalled over the last five years, and it is not receiving anywhere near the funding it needs to fulfill its potential. He explores the momentum and impact of off-grid solar, discussing why much faster progress – and much greater funding – is needed for the sector to address the increasingly urgent challenges of climate change.
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Tiger Global and Greycroft Back Nigerian Investment App Bamboo in $15 Million Round
The average Nigerian only has a handful of ways to save and invest. Building a portfolio of stocks, particularly U.S. stocks, is one way they can hedge against inflation and currency devaluation.
- Region
- Sub-Saharan Africa
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Norrsken, VCs and 30 Unicorn Founders Set Up $200 Million Fund to Back Growth-Stage Startups in Africa
Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Founders Fund Backs Vest, a Startup Out to Give Latin Americans a Bridge to Investing in the US Stock Market
Latin Americans seeking the ability to invest in companies trading on the Nasdaq and New York Stock Exchange now have a new option in Vest, a startup that has launched a mobile-first brokerage app with zero-commission trading in the Americas.
- Region
- Latin America
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TLcom Capital Raises $70 Million to Back African Tech Startups
TLcom Capital, a venture capital firm, says it has secured $70 million for its $150 million funding to invest in African tech-enabled businesses.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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