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African Development Bank Group Approves €10,5 Million To Boost Innovation in Sub-Saharan Africa
The board of directors of the African Development Bank Group have approved an equity investment pool of €10,5 million to drive technological innovation across sub-Saharan Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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All On and Katapult Invest $1.4 Million in NXT Grid’s Mini-Grids in Nigeria
Impact investors All On and Katapult Climate are investing $1.4 million in NXT Grid. In Nigeria, the company installs and operates small-scale solar power plants for productive use, powered by artificial intelligence.
- Region
- Sub-Saharan Africa
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IDB Provided Nearly US $20 Billion in Funding in 2021
The Inter-American Development Bank, IDB, said Monday it expects to close this year with US$19.5 billion in new financing for Latin America and the Caribbean, the second highest in its history.
- Categories
- Investing
- Region
- Latin America
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Google’s Africa Investment Fund Makes First Investment in Uganda’s SafeBoda
Internet giant Google announced that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Medical Credit Fund Raises USD 36.6 Million to Support Health Entrepreneurs in Sub-Saharan Africa
This financing round will expand the Fund’s presence and support to healthcare providers in sub-Saharan Africa, with a focus on primary healthcare services, including malaria prevention and treatment as well as maternal and childcare.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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Vote for NextBillion’s Most Influential Article of 2021
As an open forum for emerging markets business, NextBillion publishes around 150 original, guest-written articles per year, covering enterprises, innovations, challenges and opportunities across multiple sectors and geographies. Each December we select the 12 most-read articles of the past year to include in our "Most Influential Article of the Year" contest. We invite you to vote for the article that impacted you the most in 2021. You can vote up to one time per hour during the two-week voting period, which runs from Dec. 20 to Jan. 2.
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Press Release: G7 Development Finance Institutions Create Platform to Boost Investment in Fragile States
New DFI collaboration will support the Build Back Better World (B3W) Initiative designed to boost investment in fragile and conflict-affected states in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Walmart-owned Flipkart Invests $145 Million in Agritech Startup Ninjacart
As e-grocery picks up momentum in India, Walmart-owned Flipkart on Monday announced to invest $145 million in agritech startup Ninjacart, which has helped over 1,00,000 farmers across 150 villages to generate better revenues.
- Categories
- Agriculture, Investing, Technology
- Region
- Asia Pacific
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