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Norrsken22’s Debut Fund Closes at $205 Million to Back Growth-Stage Startups in Africa
Norrsken22’s target remains investing in approximately 20 startups. The fund’s typical investment ticket size averages around $10 million.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Filling This ‘Forgotten Element’ of the Energy Transition Is Critical to Net Zero
The pipeline of investable renewable energy and low carbon infrastructure projects in developing nations needs to be up to nine times larger, warns the Tony Blair Institute for Global Change.
- Categories
- Energy, Technology
- Region
- Global
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Assessing Last-Mile Distributors’ Business Performance and Impact: Using a Diagnostic Tool to Reveal Key Areas of Strength and Improvement
Running a company without business data is like driving a car without a dashboard. But it isn't always easy for an entrepreneur to determine which data is important to track, and how to use it to evaluate their business’ performance. Lucie Klarsfeld McGrath, Alice Magand and Chitraksh Sharma at Hystra share an auto-diagnostic tool they've used in their work with last-mile distributors, which enables companies to identify what's really driving value-creation and impact.
- Categories
- Technology
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Namibia Breaks Ground on Continent’s First Green Iron Facility
The Oshivela project in western Namibia is backed by the German federal government.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- decarbonization
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USAID Grants $1.5 Million to BasiGo for Electric Bus Pilot Program in Rwanda
BasiGo, a pioneering E-Mobility startup, is already celebrating the arrival of its first two electric buses in East Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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French Soccer Players Back African Mobile Video Network StarNews Mobile in $3 Million Round
The five-year-old mobile video network prioritizes offering monetization avenues for African content creators through distribution partnerships with major telecommunications operators.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion
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Indonesia Waters Down Coal Closure Plans
The country now plans to start shutting down coal plants no earlier than 2035, having previously committed to begin retiring its coal-fired capacity by 2030.
- Categories
- Energy, Technology
- Region
- South Asia
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Sustainable Packaging Startup Fibmold Secures $10 Million Funding From Omnivore, Accel
The startup claims to manufacture the packaging items from natural fibers, including bamboo, bagasse, husk, wheat straw, or even waste paper depending on the end-use.
- Categories
- Investing, Technology
- Region
- Asia Pacific