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IFC Invests $10 Million in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs
IFC, a member of the World Bank Group, has invested US$10 million in Knife Fund III, a new fund managed by Cape Town-based venture capital firm Knife Capital.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- venture capital
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U GRO Capital Gets Funding From responsAbility
U GRO Capital raised its first impact focused debt investment of Rs 138 crore from funds managed/advised by Switzerland based investor responsAbility.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Umpqua Bank Offers $2 Million Infusion to Support Minority, Women Entrepreneurs
Through a series of multi-year partnerships with business-focused nonprofits, Umpqua aims to close the opportunity gap in access to capital, resources, and expertise for traditionally underserved innovators.
- Categories
- Uncategorized
- Region
- North America
- Tags
- gender equality
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Indonesia’s Largest Private Bank To Pour $27.8 Million Into VC Arm
Indonesia’s Bank Central Asia (BCA) has allocated 400 billion rupiah to its VC arm, Central Capital Ventura, reported local news agency Antara, citing a statement from Jahja Setiaatmadja, the bank’s president director.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- e-commerce, startups
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Lagos, Nairobi, Kigali Entrepreneurs Invited to Apply for Global Urban Innovation Challenge for Emergent Cities
Utopia and the World Economic Forum’s new Centre for Urban Transformation have launched a global Urban Innovation Challenge to activate an ecosystem of 800 innovative urban entrepreneurs, investors, and mayors across Asia, Africa, and Latin America.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Lal10: This Startup Is Building the Alibaba of Indian Crafts Industry
Lal10 is a fast-growing wholesale cross-border sales platform for creative products from India to the world.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Scotiabank launches $3 Billion Loan Fund for Women Entrepreneurs
Scotiabank Jamaica has set aside $3 billion as loan financing for women entrepreneurs in a refreshed plan to address what the bank says is the under-representation of women in the business world.
- Categories
- Uncategorized
- Region
- North Africa & Near East
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European Investment Bank Lends Ecobank Group $113 Million for SMEs in Africa, With Emphases on Women, Adjusting to COVID-19
The purpose is to help develop the small and medium-sized enterprise (SME) sector, with a particular emphasis on the businesses that have been “most impacted by the COVID-19 pandemic.”
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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