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Study: Electrifying Motorcycle Taxis in Kampala, Uganda, Shows Air Pollution Benefits
In a new University of Michigan study, researchers set out to understand the air pollutant emissions impacts of electrifying motorcycle taxis in Kampala, Uganda.
- Categories
- Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, transportation
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Analysis: Indonesia’s Innovative Startups Are the Catalyst for Increasing Investment
In recent years, the explosive growth of Indonesia’s startup scene has grabbed global headlines. Its capital city, Jakarta, ranks third on Startup Genome’s 2021 “Emerging Ecosystems” with a combined startup valuation of USD 34 billion.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- innovation, startups
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Digital, Circular Economy Can Earn Thailand $3.4 Billion a Year Extra – World Bank
Digital and disruptive technologies and development of a circular economy can earn Thailand up to $3.4 billion each year in additional investments, savings and revenue, the World Bank said on Tuesday.
- Categories
- Technology, WASH
- Region
- South Asia
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CDC Group Is Partnering with FirstBank to Support Women and Small Business Owners with a $100 Million Credit Facility
We announced today a US$100 million finance facility to First Bank of Nigeria Limited (FirstBank). This new facility will direct funding to women-owned and led businesses as well as to local small and medium-sized enterprises (SMEs) in Nigeria.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Jambo Secures $7.5 Million in Seed Funding to Build Africa’s web3 ‘Superapp’
African web3 startup Jambo has raised $7.5 million in a seed funding round that involved notable investors from the crypto space, the company announced on Monday.
- Region
- Global
- Tags
- cryptocurrency
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Tanzania, Uganda, and South Africa Are the Top African Markets for Remittance Inflows in Kenya
Diaspora remittances decreased by 3.4 percent, as Kenyans working and living abroad sent home $338.7 million (Sh38.3 billion) in January 2022 compared to a monthly record high of $350.6 million (Sh39.6 billion) in December.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Startup Propelld Gets $35 Million in Funding
Propelld, an education-focused fintech platform, has raised $35 million from WestBridge Capital, as also from existing investors Stellaris Venture Partners and India Quotient, Founded by IIT Madras trio of Bibhu Prasad Das, Victor Senapaty and Brijesh Samantaray in 2017, Propelld has tied up with over 550 educational institutes and is currently clocking an annual loan disbursal run rate of Rs 600 crore.
- Categories
- Education, Finance, Technology
- Region
- Asia Pacific
- Tags
- startups
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African Development Bank Group Commits $164 Million to Promote Renewable Energy In Nigeria, 5 Other Countries
Nigeria is among five other African countries that will benefit from the African Development Bank Group (AfDB) Leveraging Energy Access Finance Framework (LEAF).
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, scale
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