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Nigerian-Born Moove Receives $10 Million for India Expansion
The mobility company, which entered India in 2023, states the new fund will help it strengthen its presence in the Indian market and expand operations to new cities, such as Delhi, Pune, and Kolkata.
- Categories
- Technology, Transportation
- Region
- Global
-
How Spotify Helped Turn Afrobeats into a Global Phenomenon
The Swedish music giant is pushing to make Africa’s biggest sound the world’s favorite sound.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Mexico Tells Amazon to Reveal Its Algorithms, Open up Delivery and Wall off Prime TV
Mexican regulators have ordered online retailers Amazon and Mercado Libre to reveal their algorithms and to wall off TV streaming to avoid stifling competition.
- Categories
- Technology
- Region
- Latin America
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Analysis: Tackling the Plastics Pollution Crisis by Channeling Private Capital to Projects that Reduce Plastic Waste
The new Plastic Waste Reduction-Linked Bond channels up-front financing from capital market investors looking to support plastic waste collection and recycling activities.
- Region
- Global
- Tags
- impact bonds, waste
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Injaro Raises $17.5 Million Fund to Support SMEs in Ghana and Ivory Coast
The company plans to utilize the fund to invest in leading small and medium-scale businesses (SMEs) in Ghana and Cote d’Ivoire.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, venture capital
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Press Release: Bold Raises $50 Million in Series C Funding Round Led by General Atlantic and IFC
Bold was founded in 2019 to serve small and medium-sized businesses (SMBs) with a mission of fostering financial inclusion through the democratization of Colombia's digital economy.
- Categories
- Finance, Technology
- Region
- Latin America
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World Bank Allocates Nearly $300 Million to Support Renewable Energy Projects in Eastern and Southern Africa through Partnership with TDB
This platform aims to facilitate electricity access for up to 5 million people, clean cooking access for up to 1 million people, and add up to 35MW of energy capacity to the region.
- Region
- Sub-Saharan Africa
-
National IDs linked to 80% of Identity Fraud Attacks in Africa
National IDs are the most attacked document type in Africa, according to Smile ID.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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