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Uganda to Impose 5% Tax on Non-Resident Digital Companies
The Ugandan government wants to impose a 5% tax on non-resident digital companies, including Meta, Facebook, Netflix and Google.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- MSMEs
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African Development Bank Extends €400 Million in Partial Credit Guarantees to Mobilize Funds for ESG Projects in Côte D’Ivoire
The partial credit guarantee will enable Côte d'Ivoire to raise long-term financing from commercial banks, in line with its ESG Framework.
- Categories
- Environment, Impact Assessment, Investing
- Region
- Sub-Saharan Africa
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Nigerian Mobility Fintech Moove Closes $8 Million to Expand Vehicle Fleet in Ghana
Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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Indonesia, New Zealand Agree to Continue Geothermal Cooperation
This joint effort is expected to be able to accelerate geothermal development in Indonesia and provide sustainable solutions to support Indonesia's energy transition.
- Categories
- Energy, Investing, Technology
- Region
- South Asia
- Tags
- renewable energy
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Italy Contributes Eur 5.5 Million to African Development Bank Group’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, to Foster Job Opportunities, Economic Growth
The African Development Bank founded the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund in 2017, to promote innovation and entrepreneurship as well as to create durable and sustainable jobs for youth on the continent.
- Region
- Sub-Saharan Africa
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New UNICEF-WHO Report Reveals More About Water Burden on Girls
In world quest for universal access to safe water, sanitation and hygiene, gender inequalities persist.
- Categories
- WASH
- Region
- Global
- Tags
- gender equality, water, youth
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Vietnam’s Digitalization Efforts Fuel Startup Scene
The Southeast Asian nation hopes to become a high-income economy by 2045 by focusing on its digital economy.
- Categories
- Agriculture, Finance, Technology
- Region
- South Asia
- Tags
- agtech, digital inclusion, fintech, startups
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Invest International Invests $10.8 Million in uMunthu II Fund to Support African SMEs
The venture capital fund will use the money to expand its portfolio to approximately 30 to 35 companies across Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs
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