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Press Release: IFC Invests in Cote d’Ivoire Fund to Boost Growth of SMEs in West, Central Africa
IFC's support includes an equity investment of up to €7.5 million from IFC's SME Ventures program and an additional €7.5 million from the Blended Finance Facility of the International Development Association's Private Sector Window.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Zyp Raises $1.2 Million in Seed Funding, Launches Made-In-Pakistan Electric Bikes with Battery Swapping
The company said that in light of climate change and rising fuel prices in the country, the urgency to electrify transportation “has never been greater".
- Categories
- Transportation
- Region
- Asia Pacific
- Tags
- climate change, e-mobility, startups
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Analysis: Nearshoring in Latin America: A New Horizon for Venture Capital Investment and Startups
Discover how nearshoring in Latin America opens up opportunities for venture capital investment and startups.
- Categories
- Investing
- Region
- Latin America
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Mecho Autotech Lands $2.4 Million Pre-Series A Investment
Mobility startup, Mecho Autotech has raised $2.4 million pre-Series A and is expanding into wholesale automotive spare parts distribution in Nigeria.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- data, distribution, startups, supply chains
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Analysis: Western Firms Shift Investment from China to India as Worries Mount
The investment into China dropped to less than $20 billion last year, from a peak of $120 billion in 2018.
- Categories
- Investing
- Region
- Global
- Tags
- research, supply chains
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Grow Asia Launches US $1 Billion Impact Fund
Public-private blended financing model targets Southeast Asian SME agri-businesses.
- Categories
- Agriculture, Environment, Investing, Technology
- Region
- South Asia
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African Development Bank Approves $104 Million in Funding to Improve Power Supply in Eastern Ethiopia
The project promises substantial benefits for commercial and industrial operators.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Afreximbank Commits $40bn Trade Investment in Africa
African Export-Import Bank (Afreximbank) will double its intra-African trade financing to $40 billion by 2026.
- Categories
- Investing
- Region
- Sub-Saharan Africa
