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Mixi Launches $50 Million CVC to Invest in India’s Entertainment Startups
The company plans to use 30-50 billion yen ($200-350 million) for mergers and acquisitions, and capital and business partnerships globally by FY25.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Kenya’s Lipa Later Partners with Mastercard to Drive Buy Now, Pay Later Solutions in Africa
The strategic partnership with Mastercard aims to unlock new opportunities for consumers and merchants by providing tailored BNPL solutions and enhanced payment capabilities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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China’s Eve Energy Builds $422 Million Electric Vehicle Batteries Manufacturing Facility in Malaysia
The firm will build a cylindrical battery production base in Malaysia to support the electric two-wheelers and power tools in Malaysia.
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- e-mobility, manufacturing
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REdimension Capital, South African VC Firm, Secures Over $10 Million for Proptech Fund
The company aims to back businesses that promote energy efficiency and a reduced carbon footprint, thereby enhancing sustainability.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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India supports African Development Bank’s Digital Financial Inclusion Drive in Africa with $2 Million Donation
The financial commitment for digital public infrastructure will leverage the lives of millions of unbanked and underserved Africans.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: $40 million EIB Backing for Acre Impact Capital’s Innovative Private Debt Fund in Africa
The fund will support renewable power, health, food and water scarcity; sustainable cities; and green transport in Africa.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Rapyd’s $610 Million Deal for PayU Will Assist Its Global Expansion
When the acquisition completes, the newly combined business will be active in over 100 countries with more than 250,000 merchant clients.
- Categories
- Finance, Technology
- Region
- Global
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Safaricom Gets Approval From Stakeholders to Invest Funds Into Kenya’s Tech Startup Ecosystem
Safaricom’s subsidiaries will focus on seed-stage and growth-stage startups.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- accelerators, startups
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