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Singapore VC Granite Asia Leads $60 Million Funding Round for AI ‘Data Foundry’ Centific to Fuel Global Expansion
Granite Asia was one of two foreign VCs, alongside Taiwan’s AppWorks, selected to take part in a new Malaysian initiative to invest in local startups and encourage global companies to redomicile in the Southeast Asian country.
- Categories
- Investing
- Region
- South Asia
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World Bank Grants South Africa a $1.5 Billion Loan for Infrastructure Upgrade and Green Energy Transition
Deteriorating rail systems, jammed ports and frequent blackouts have hindered vital industries like mining and auto manufacturing in South Africa, contributing to slow economic growth over the last decade in Africa’s most developed economy.
- Region
- Sub-Saharan Africa
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New Report Reveals the Emerging Finance Models to Bridge the Climate Funding Gap
Despite climate and development finance growing, less than 17% of adaptation finance is allocated to building resilience in climate-impacted communities.
- Categories
- Environment, Finance
- Region
- Global
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Rwanda Launches Innovate4DigiJobs to Boost Youth Opportunities in the Digital Sector
This program is focused on empowering young people in Rwanda with actionable digital skills and facilitating access to meaningful job prospects in the country’s rapidly evolving tech landscape.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Cape Town’s Open Access Energy Raises $1.8 Million to Scale AI-Driven Electricity Trading
Cape Town-based startup Open Access Energy (OAE) has secured $1.8 million (R32.3 million) in seed funding to expand its AI-powered platform for electricity trading.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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New World Bank Program to Improve Access to Quality Jobs for 1.6 Million Women in the Indian State of Tamil Nadu
Tamil Nadu is undergoing rapid urbanization with more jobs emerging in industries like electronics and automobiles.
- Categories
- Investing
- Region
- Asia Pacific
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Private Sector Developers Sign Funding Agreement to Fast-Track Rural Electrification in Zambia
This round of funding will stimulate and incentivize end-use demand for energy supplied by 43 existing and new mini-grids across Zambia, bringing reliable and affordable energy to underserved areas.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Nigerian B2B E-Commerce Startup Sabi Lays off 20% of Workforce as It Pivots
Nigerian startup Sabi, a B2B marketplace serving Africa’s informal sector, has laid off about 20 per cent of its workforce as it pivots to focusing on commodity exports.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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