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Bolt Hikes Kenya Fares by 6% as Drivers Struggle With Rising Fuel and Living Costs
Estonian ride-hailing company Bolt has increased ride fares in Kenya by 6 per cent, becoming one of the first major platforms in the country to formally shift part of the rising fuel burden to passengers as pressure mounts on drivers’ earnings.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Village Capital Makes First Africa Ecosystem Fund Investments in Ghana
The initiative was created to support startups building solutions around economic mobility and climate resilience in Ghana, Nigeria, and Tanzania.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Namibia-Based Firm to Back Early-Stage Southern African Startups With $10 Million Fund
The fund will focus on sectors including fintech, agritech, healthtech, education, clean energy, e-commerce, and enterprise software.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Bestseller Supports Regenerative Agriculture in South Africa Through International Fund
The Regenerative Fund for Nature supports projects that are based on local knowledge and existing practices. It was established by Conservation International and Kering in 2021 with Inditex joining in 2023. BESTSELLER is now joining the fund as a partner.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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dLocal and inDrive Launch Cashless Rides in South Africa
The partnership also aims to reduce driver exposure to fraud by lowering dependence on cash, though cash remains available for passengers who prefer it.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Press Release: DengueAI: New Model That Anticipates Outbreaks With 93% Effectiveness and Three Weeks’ Advance Notice
Anticipating and reducing dengue outbreaks enables more efficient use of public resources and targeted, data-driven action in neighborhoods most vulnerable to this mosquito-borne disease transmitted by Aedes aegypti.
- Categories
- Education, Health Care
- Region
- Latin America
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IFC Discloses Proposed $25 Million Investment in Admaius’ Virunga Africa Fund II
The fund is targeting $500 million to invest in mid- to large-cap African companies.
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
Europe’s Textile Future at a Turning Point: New 2030 Circularity Blueprint Aims to Scale Recycling and Unlock Investment Opportunities
This ambitious initiative is designed to support the transformation of the EU textile ecosystem to advance textile-to-textile recycling and drive the transition to a circular economy.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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