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BII and Swedfund Report Reveals over $200 Billion Funding Gap for Black-Owned and -Led Businesses Across Five African Markets
The report, Understanding the investment gaps in Black-owned and -led businesses in sub-Saharan Africa, combines quantitative market analysis with stakeholder consultations to examine where these businesses are represented, the scale of their funding gaps and the factors shaping access to capital.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Nigeria Loses Another Mobility Giant as Moove Exits Weeks After Uber Despite Its $2.1 Billion Valuation and Waymo-Backed Us Expansion
The departure follows broader trends of ride-hailing companies leaving Nigeria due to rising costs, complaints from drivers, inflation, and reduced consumer purchasing power.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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World Bank and IFAD to Scale up Co-Investment in Rural Economies and Food Systems
The agreement builds on the two institutions’ partnership across multiple initiatives, including AgriConnect, which aims to help transform agriculture for 300 million smallholder farmers by 2030, and Water Forward, which seeks to improve water security for 1 billion people by 2030.
- Categories
- Agriculture
- Region
- Global
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Analysis: Dhaka’s Waste-To-Energy Project Faces Opposition From Pollution-Weary Residents
"The so-called waste-to-energy plant will burn up to 3,000 metric tons of municipal waste daily, doubling as a solution to the city’s growing waste problem."
- Categories
- Energy, Technology, WASH
- Region
- Asia Pacific
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KawiSafi Ventures Invests in Orb Energy to Expand Commercial and Industrial Solar Across East Africa
"Orb Energy provides rooftop and ground-mounted solar systems, solar plus battery storage and financing solutions for commercial and industrial customers."
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Proparco Invests in Farm to Feed to Reduce Food Loss and Strengthen Smallholder Farmers’ Market Access
Proparco has invested €150,000 in Farm to Feed, a Kenyan agritech company tackling food loss while increasing incomes and market access for smallholder farmers.
- Categories
- Agriculture, Technology, WASH
- Region
- Sub-Saharan Africa
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Musk Vows affordable Starlink in India Days Before Ambani’s Record Jio IPO
Cheap data is the playbook that built Jio in India, and the one Musk has used in markets like Kenya to unsettle local telecom players.
- Categories
- Technology, Telecommunications
- Region
- Asia Pacific
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Governments, Funders and AI Leaders Advance Collective Action on AI for Learning at UNGA
Governments, AI firms, funders and education leaders across the Global AI for Learning Alliance advance a Collective Action Agenda focused on shared public goods for AI and learning.
- Categories
- Technology
- Region
- Sub-Saharan Africa
