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Emirates Telecommunications Takes $400 Million Majority Stake in Careem’s Super App
According to the details of the agreement, Emirates Telecommunications is investing $400 million to become a majority shareholder in Careem's Super App alongside Uber.
- Categories
- Investing, Technology, Telecommunications
- Region
- Global
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Press Release: Bitget Launches $100 Million Web3 Fund to Support Next-Generation Crypto Projects in Asia
The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.
- Region
- Asia Pacific
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Global Environment Facility Adds $13 Million to AGRI3 Fund for Sustainable Agriculture
This funding mechanism supports the development of sustainable agriculture and forest conservation.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
- Tags
- forests
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Press Release: UNDP to Support Seven Innovative Financial Solutions for Clean Energy in East Africa
The seven solutions are the winners of the UNDP Climate Aggregation Platform Financial Innovation Challenge which aims to crowdsource innovative financial aggregation solutions for clean energy assets in East Africa.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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Visa Foundation Commits $5 Million to Support Women Entrepreneurs in Africa
Visa Foundation says it expects to contribute $5 million in grants and impact investments in Africa that will support women’s participation in the digital economy.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Dozer Raises $3 Million In Seed Funding
The new funding will contribute to the scaling of product and engineering teams.
- Categories
- Investing, Technology
- Region
- Asia Pacific
- Tags
- data, infrastructure, scale
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Kaszek Earmarks Nearly $1 Billion in New Funds for Latin American Startups
Kaszek plans to put money in 20 to 30 companies out of its early-stage fund in Latin America.
- Categories
- Investing, Technology
- Region
- Latin America
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Fuel Subsidy: Nigerian Government Secures $800 Million World Bank Facility
The finance minister said the $800 million is the first tranche of palliatives will be transferred to 50 million Nigerians, who belong to the most vulnerable category of society.
- Region
- Sub-Saharan Africa