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Indonesia’s Baskit Secures $3.3 Million Seed Round to Digitize Distribution Infrastructure for SMEs
By helping SMEs in their digital transformation, Baskit aims to create more efficient supply chains efficiency and access to financing.
- Categories
- Investing, Technology
- Region
- South Asia
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Plastic Upcycling Startup Kubik Closes $3.34 Million Seed to Scale Production in Ethiopia
The amount of plastic waste produced globally is on track to triple to over 1,000 million tons by 2060.
- Categories
- Technology, WASH
- Region
- Sub-Saharan Africa
- Tags
- circular economy, housing, scale, startups, waste
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Amazon to Invest Additional $15 Billion in India Over Next Seven Years
The commitment is intended to strengthen Amazon’s e-commerce business in the country.
- Categories
- Investing, Technology
- Region
- Asia Pacific
- Tags
- e-commerce
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International Finance Corporation Invests $500 Million in Indonesian Bank
BTPN’s social and green bonds are set up to support climate action and women-led small businesses.
- Categories
- Investing
- Region
- South Asia
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COVID-19 Vaccine Scheme for Poorest Has $2.6 Billion Left to Spend as Pandemic Recedes
Several billions of dollars left in a scheme to deliver COVID-19 vaccines to the world’s poorest could be diverted to prepare for other pandemics.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
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UN, GGGI and Government of Cambodia Announce Support to Green Bond Issuers
ESCAP and its partners are pleased to announce that three private-sector bond issuers have been selected and will be provided with green and sustainability bond issuance support in 2023.
- Categories
- Investing, Technology
- Region
- South Asia
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United Bank for Africa Partners with Africa Continental Free Trade Area to invest US $6 Billion into SMEs in Africa
The partnership will aim to boost intra-Africa trade and provide financial services in four key areas.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: India’s Digital Transformation Could Be a Game-Changer for Economic Development
India’s micro, small, and medium enterprises (MSMEs) sector faces a significant credit gap — between $250 billion and $300 billion.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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