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Oyo Valuation Crashes Over 75% in New Funding
The startup operates a chain of budget hotels in many countries.
- Categories
- Investing
- Region
- Global
- Tags
- startups, venture capital
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African Development Fund Grants $60 Million Loan to Benin to Strengthen Its Economic Governance and Private Sector Development
The programme will boost the private sector's contribution to the national economy by improving the overall business environment.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Analysis: Three Ways to Put Women at Heart of Plugging the Green Skills Gap
While the green transition is expected to have a net-positive impact on job creation, many businesses still haven’t implemented programmes to upskill and create opportunities for their workforces.
- Categories
- Energy
- Region
- Global
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Investors Back $225 Million World Bank Bond For Amazon Reforestation and Carbon Removal
The bond aims to mobilize around $36 million to fund Mombak, a Brazilian company dedicated to reforesting the Amazon.
- Region
- Latin America
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Prembly Onboards IDVerse to Expand Global Identity Infrastructure and Pan-African Position
The integration of IDVerse’s identity tools into Prembly’s data infrastructure powers greater reach and automation for emerging markets to transact on a global basis.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Mastercard Collaborates With Fintech Start-Up, Scale
The partnership looks to accelerate the growth of digital payment solutions in Africa and the Middle East.
- Categories
- Finance, Technology
- Region
- Global
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African Development Bank Group’s Sustainable Energy Fund for Africa Approves $10 Million Contribution to KawiSafi II Clean-Energy Fund
KawiSafi II is a $200 million venture equity fund to address investment gaps in energy transition, productivity, mobility and logistics in sub-Saharan Africa.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Mpox Vaccines Likely Months Away Even as WHO, Africa CDC Discuss Emergency
While experts hoped the meetings would galvanise action worldwide, many obstacles remain, including limited vaccine supply, funding and competing disease outbreaks.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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