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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.
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- 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.
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- 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.
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- 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.
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- 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.”
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- Uncategorized
- Region
- Sub-Saharan Africa
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Analysis: ‘Last on the Rung’: Africa Deals With Fallout From a ‘Made in the USA’ Supply Chain Crisis
Shipping lines flock to Asia-to-U.S. trade lanes at expense of many developing nations.
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- Uncategorized
- Region
- Global
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EIB-Supported Gender Lens Investment Fund Alitheia IDF Announces Final Close at $100 Million
Largest gender-inclusive private equity fund in Africa; 2X Flagship fund applying the 2X Challenge criteria; Boosting diversity across Africa.
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- Uncategorized
- Region
- Sub-Saharan Africa
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PanAfrican Capital Holdings Sets up the Catalyst Project To Promote African Entrepreneurship
PanAfrican Capital Holdings ‘PAC Holdings’ has set up a venture capital project, to be known as The Catalyst to identify and invest in growth to product-expansion stage companies.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa