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Norrsken22 Invests $205 Million in Africa’s Growing Fintech Sector
Lexi Novitske expects a rebound beyond pre-2020 levels despite a dip in 2023.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: AI in Africa Opens up New Battlefront for China, US
The US and China are in a new race to shape the development, use and governance of artificial intelligence in Africa, even as African countries scramble to devise their own AI policies.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Glovo to Shut down in Ghana, Two Years After Investing $3.7 Million
Glovo, a food delivery platform, will cease operations on May 10, 2024, in Ghana, two years after investing €3.5 million ($3.7 million) to expand its operations.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- failure
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Microsoft Announces US $1.7 Billion Investment to Advance Indonesia’s Cloud and AI Ambitions
Investment includes new cloud and AI infrastructure, major AI skilling initiatives, and support for Indonesia’s growing developer community.
- Categories
- Technology
- Region
- South Asia
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Analysis: Tackling Africa’s Most Neglected Infrastructure Problem
Scaling-up irrigation is vital to enable farmers to increase output and improve resilience.
- Categories
- Agriculture, WASH
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, MSMEs, scale, smallholder farmers, water
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M-KOPA, Bolt Join Kenya’s EV Push To Put 5,000 E-Bikes On The Road
M-KOPA, a prominent African fintech platform offering asset finance has joined forces with Bolt, one of the main players in on-demand mobility in Africa, to launch an electric bike fleet in Kenya.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, fintech, partnerships
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Standard Bank Mobilises Market First Debt Fund to Support up to $2 Billion Sustainable Infrastructure in Africa
Standard bank has committed to acre impact capital’s export finance fund I to support the financing of sustainable projects in Africa.
- Region
- Sub-Saharan Africa
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Analysis: Unlocking Africa’s $1 Trillion Food Economy: The Role of Global Aid and Sustainable Technology
Global aid with strategic investments can help address systemic barriers to achieving Africa’s $1 trillion food economy by 2030.
- Categories
- Agriculture, Technology
- Region
- Global
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