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Analysis: Inside Facebook’s African Sweatshop
Here in Nairobi, Sama employees who speak at least 11 African languages between them toil day and night, working as outsourced Facebook content moderators.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Remedial Health Raises $1 Million Pre-Seed Funding to Digitise Africa’s Neighbourhood Pharmacies
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient, says it has raised $1 million in pre-seed funding.
- Categories
- Health Care, Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Malawi Gets $14.2 Million Grant for Financial Digitalisation
The African Development Fund (ADF) and the government of Malawi have signed a grant agreement for $14,2-million to undertake infrastructure upgrades and create a more efficient and transparent digital payment system.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Trace Finance Announces $4.3 Million Seed Investment to Disrupt Global Banking for Latin American Startups
Trace Finance, a Brazilian fintech startup that enables faster and more streamlined cross-border banking for startups, has announced a $4.3 million seed funding round.
- Region
- Latin America
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Analysis: Mongolia Plans Ruinous Water Infrastructure Glut
Mongolia markets its Blue Horse programme as adaption to climate change and is securing climate funding on that basis; this rides roughshod over biodiversity hotspots
- Categories
- WASH
- Region
- Asia Pacific
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Husk Power Systems Secures Largest-Ever Debt Finance for Solar Microgrids in Rural India, Receiving $4 Million from IREDA to Construct 140 Microgrids
Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of solar energy community microgrids in India, today announced the successful close of $4.2 million debt financing from the India Renewable Energy Development Agency (IREDA) Ltd.
- Categories
- Energy
- Region
- Global
- Tags
- rural development, scale, solar
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AFEX to Open Second Round of $240 Million Funding Series to Strengthen Africa’s Agro-Processors
AFEX, Nigeria's leading commodities market player and the country's first private sector commodities exchange, has announced the reopening of its $240m (₦100bn) Asset-Backed Commercial Paper (ABCP).
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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GIC Invests $170 Million in TPG-Backed Health Firm
Singapore’s sovereign wealth fund GIC is investing $170 million (nearly Rs 1,300 crore) in TPG Growth-backed healthcare delivery platform Asia Healthcare Holdings (AHH), making it one of the largest PE deals in the hospital space in recent years.
- Categories
- Health Care
- Region
- South Asia
- Tags
- data
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