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Rural-Fintech Startup Navadhan Raises USD $1.5 Million From Varanium, Anicut
Navadhan will use the funds to further build its AceN Tech platform which connects rural small businesses (MSMEs) with NBFCs and Banks in India.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
- Tags
- financial inclusion, fintech, MSMEs, startups
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India’s Climate-Focused VC Firm Avaana Capital Raises $70 Million
The fund will focus on investments in three sectors - energy transition and resource management; mobility and supply chains; and sustainable agriculture and food systems.
- Categories
- Agriculture, Energy, Environment, Technology, Transportation
- Region
- Asia Pacific
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Press Release: United States Announces $89 Million Award to Advance Access to Clean, Reliable Energy in Sub-Saharan Africa
The Power Africa program will support 10 million on- and off-grid connections for households and businesses in the region.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Lubrizol Commits Largest India-Based Investment in Company’s 50+ Year History in Region
Chemical leader, Lubrizol Corporation, commits more than 150 million USD across multiple projects to accelerate growth in India.
- Categories
- Investing, Technology, Transportation, WASH
- Region
- Asia Pacific
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Seedstars Youth Wellbeing Ventures Mandate to Invest $20 Million in Small African Companies
The aim of the funding is to improve the well-being of young people in low- and middle-income countries across the continent.
- Categories
- Finance, Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- employment, housing, philanthropy, sanitation, water, youth
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Can Dropshipping Open Opportunities for the Next 10,000 Entrepreneurs in India?
Dropshipping, which requires little to no upfront investment, is already seeing an uptick in Tier II and III cities such as Lucknow and Kanpur.
- Categories
- Technology
- Region
- Asia Pacific
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Afreximbank Ploughs $900 Million into Special Economic Zones Creation
Special Economic Zones (SEZs) can catalyse industrialisation while building domestic supply chains. They also attract foreign investment and skills transfers.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
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Avoiding the Resource Curse: Challenges — And Progress — in Harnessing ‘Green Mineral’ Wealth for the Benefit of Developing Countries
The growth of renewable energy has led to skyrocketing demand for the “green minerals” used in constructing and powering clean energy technologies. But as Leslie Tsai at the Chandler Foundation explains, despite this demand, the countries that are rich in green minerals and other natural resources are often among the poorest in the world — a paradox often called the “resource curse.” She explores how businesses, governments and other key stakeholders can ensure that these countries benefit from their natural resource wealth.
- Categories
- Energy, Technology
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