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South Africa Develops $122 Million Bond to Restore Water Catchments
The outcome based bond will link investor returns to measurable environmental improvements such as invasive plant removal and catchment rehabilitation.
- Region
- Sub-Saharan Africa
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African Development Bank Approves €6.5 Million Investment in Saviu II to Back Francophone African Tech Start-Ups
The decision, taken at the Bank’s headquarters in Abidjan, aims to help young tech start-ups bridge a persistent funding gap and scale from seed through their first institutional fundraising rounds, particularly in French-speaking West and Central African countries.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: British International Investment and ILX Complete First Joint Investment in Emerging Markets
The $15 million transaction marks ILX’s first sub-participation in a BII investment, since the two institutions formalised their partnership to increase institutional capital flowing into high-impact opportunities in emerging markets.
- Categories
- Agriculture, Investing
- Region
- Global
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South Africa: Hlayisani Capital Secures Over $30 Million for New Fund
Hlayisani Capital manages over R1 billion (about $62 million) across three funds and focuses on backing high-growth, technology-enabled businesses with strong South African roots.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Tech Firms and AI Farming Tools ‘Playing With the Food System’, Warns Thinktank
Google, Microsoft and Amazon among companies using algorithms and AI to influence what crops are grown and how, say critics.
- Categories
- Agriculture
- Region
- Global
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Bezos and Gates-Backed Firm Fights for DRC’s Mineral Data in Exchange for More Investments
The dispute between the US mining firm, Kobold Metals, backed by billionaires Jeff Bezos and Bill Gates, and Belgium's AfricaMuseum over the digitization of colonial-era maps of what is now the Democratic Republic of the Congo may be intensifying.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- corporations, data, mining, renewable energy
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World Bank Group’s IFC Invests in Malaysia’s Zetrix AI to Improve Access to Digital Public Infrastructure Services
IFC’s 155.6 million Malaysian Ringgit ($40 million) investment will support the development and rollout of new, blockchain-based DPI applications and artificial intelligence (AI)-enabled products that aim to improve digital inclusion, access to services, and economic efficiency in Malaysia and the broader ASEAN region.
- Categories
- Investing, Technology
- Region
- South Asia
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The African Development Bank Group and the United Nations Development Programme Have Launched the AI 10 Billion Initiative
The AI 10 Billion Initiative is a co-designed partnership between the Bank Group, UNDP and private partners that seeks to mobilise up to $10 billion by 2035.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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