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Forge Ventures Leads US $1.5 Million Funding in Indonesian Supply Chain Tech Startup Baskit
Baskit aims to strengthen the traditional distribution chains of distributors and wholesalers with commercial support and technology.
- Categories
- Technology
- Region
- South Asia
- Tags
- startups, supply chains
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Sao Tome and Principe: African Development Bank Signs $3.2 Million Loan Agreement for Upgrade of National Switch Payment System
Automated Clearing House functionalities will strengthen the clearing and settlement of payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Indonesia Lowers Value-Add Tax on Electric Vehicles from 11% to 1%
Indonesia has lowered its value-add tax on battery-based electric vehicle sales.
- Categories
- Energy, Transportation
- Region
- South Asia
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Avanti Finance Secures $24 Million Equity Funding From Rabo Partnerships, IDH Farmfit Fund
The funds will provide support for the company to provide affordable and localised credit products for smallholder farmers in India.
- Categories
- Agriculture, Finance, Investing, Technology
- Region
- Asia Pacific
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Google, Others Say Uganda Anti-LGBTQ Bill Bad for Business
A business group in Uganda including corporate giants such as Google says it opposes the country's anti-LGBTQ legislation.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Vice President Harris Announces Over $7 Billion in Private Sector and U.S. Government Commitments to Promote Climate Resilience, Adaptation, and Mitigation across Africa
These new investments and initiatives will generate significant economic benefits while addressing African nations’ pressing needs resulting from the climate crisis.
- Categories
- Agriculture, Environment, Transportation, WASH
- Region
- Sub-Saharan Africa
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Parallex Bank Secures $10 Million Trade Finance Facility From Africa Export Import Bank
This finance is part of Afreximbank’s commitment to supporting the growth and development of financial institutions in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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World Bank Pledges $250 Million for Urban Drinking Water in Mozambique
The World Bank will support efforts to improve access to drinking water in Mozambique by financing a new project.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- water
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