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Press Release: IFC Supports New Fund to Address Infrastructure Gaps, Cut Carbon Emissions Across Asia and Africa
$1 billion EMIF II Fund will support critical transport infrastructure and renewable energy projects in select high growth markets in South and Southeast Asia and Africa.
- Categories
- Energy, Environment
- Region
- Global
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Ivorian Healthtech Startup, Susu, Raises $4.9 Million in Funding to Expand into New Markets
Susu provides care packages to patients who need close supervision to ensure that long-term health conditions are tracked and that preventive advice on how to better manage them is received.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
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Report: Nigeria Increases Financial Inclusion But Still Far from Goal
Nigeria has struggled for nearly a decade to revive an economy hit by flagging crude revenue and an acute dollar shortage.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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BlackRock Agrees to Invest $400 Million in Dubai Decarbonization Firm Positive Zero
The investment will help Positive Zero, a decentralized decarbonization infrastructure business, with its goal of boosting energy transition projects in Gulf countries.
- Categories
- Investing
- Region
- Global
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AfDB, IEA, and CCA Join Forces to Help African Governments Deliver Clean Cooking for All
The African Development Bank (AfDB), International Energy Agency (IEA), and Clean Cooking Alliance (CCA) announced their intention to form an Africa Clean Cooking Consortium (ACCC).
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- clean cooking, climate change, NGOs, partnerships, SDGs
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Jumia Discontinues Food Delivery Across Seven Markets, Shifts Focus to Expanding Physical Goods Business
Jumia is redirecting its focus toward the core physical goods business and maintaining its JumiaPay operations across all 11 markets.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, failure, startups
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Africa Sees Sharp Rise in Road Traffic Deaths as Motorbike Taxis Boom
Fatalities rose by 17% in a decade on the continent, despite falling globally, with campaigners calling for stricter safety standards on motorcycle helmets.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- public health
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Press Release: Rare Unveils World’s First Impact Bond for Small-Scale Fisheries
The SSF Impact Bond will finance the community-led co-management of small-scale fisheries, a proven pathway to meeting the needs of people and nature.
- Categories
- Investing
- Region
- South Asia
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