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Nearly 40% of African Startup Funding Now Comes From Local Investors
The rise of local fund managers can be traced to support from development finance institutions such as the International Finance Corporation (IFC) through its Catalyst program, as well as British International Investment, Proparco, and AfricaGrow, which backed African VCs as global investors retreated from the continent.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Malaysia and Indonesia Become the First Countries to Block Musk’s Grok over Sexualized AI images
There is growing scrutiny of generative AI tools that can produce realistic images, sound and text, and concern that existing safeguards are failing to prevent their abuse.
- Categories
- Technology
- Region
- South Asia
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ResponsAbility Invests up to USD $25 Million in Roserve Enviro to Expand Water Treatment in India
Roserve Enviro designs, builds and operates decentralized wastewater recycling and desalination systems for large industrial clients across India.
- Categories
- Investing, Technology, WASH
- Region
- Asia Pacific
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Press Release: CrossBoundary Access and Anka Close a Landmark Acquisition in Madagascar, Reinforcing Momentum Toward Investment in Mini-Grids for Energy Access Across Sub Saharan Africa
This acquisition marks the first exit of early-stage investors from an operational mini-grid platform in Madagascar, demonstrating the growing bankability of the mini-grid asset class and developers.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Enerlink Raises $3.1 Million to Accelerate Its International Expansion in Latin America
Enerlink develops integrated charging solutions for electric mobility across Latin America.
- Categories
- Energy, Technology, Transportation
- Region
- Latin America
- Tags
- e-mobility, startups
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Report: Accelerating Clean Energy Procurement in the Asia-Pacific Region Through Improved Power Purchase Agreements
The report describes how PPAs work, identifies best design practices, and provides recommendations for four key APAC markets: Japan, Malaysia, South Korea, and Vietnam.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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World Bank Supports Central Asia’s First Regional Electricity Market to Boost Energy Security and Affordability
During the REMIT Program’s first phase, the Kyrgyz Republic, Tajikistan, and Uzbekistan, as well as the Central Asian Countries’ Coordinating Dispatch Center (CDC) Energia, will benefit from program grants and concessional financing totaling $143.2 million.
- Categories
- Energy, Investing, Technology
- Region
- Europe & Eurasia
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AI-Driven Cyberattacks Set to Target Mexico’s Critical Industries
Criminal organizations now utilize advanced models to automate the identification and exploitation of system weaknesses at speeds that exceed human defensive capabilities.
- Categories
- Technology
- Region
- Latin America
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