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Engine Maker Cummins to Invest $1 Billion in India
Cummins Group plans to invest $1bn in India over the next decade and recruit 4,000 staff as it shifts from fossil fuel engines to hydrogen and green energy options.
- Categories
- Energy, Investing, Technology, Transportation
- Region
- Asia Pacific
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Finfra Raises $1 Million to Scale Embedded Finance in Indonesia
Finfra plans to accelerate product development and grow its engineering, data, and finance teams in an effort to boost revenue.
- Categories
- Finance, Technology
- Region
- South Asia
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€113 Million From the World Bank for Wastewater Management via PPPs in Tunisia
This initiative aims to improve the quality of effluent management services in the North African country.
- Categories
- Investing, Technology, WASH
- Region
- North Africa & Near East
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Nigeria’s Communication Platform, Termii Raises $3.65 Million to Expand to New African Markets
The funds will be used to develop and promote existing and new products in new markets, with a priority on Francophone African countries.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: IFC invests in the Africa Conservation and Communities Tourism Fund to Support Ecotourism, Conservation in Sub-Saharan Africa
IFC's $13 million investment will support ecotourism businesses in and around conservation areas in East and Southern Africa.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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Zambia-Focused PE Fund Reaches $40 Million First Close
The move is significant for the Zambian private equity space because Monter has set a precedent with regulators that other financial services companies may now follow.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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African Development Bank, Government of Chad Sign $650,000 Grant Agreement to Extend Digital Financial and Non-financial Services to Women and Youth
The funding will advance the Microfinance Development Support Project for Women and Youth Entrepreneurship.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenyan Retail-Tech Startup Wasoko Expands to Zambia
Launching its central hub in Lusaka, Wasoko’s operations will enable small retailers across the city to access an affordable range of products.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation, MSMEs, startups, supply chains
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