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Apollo Hybrid Value to Invest $125 Million in Hero FinCorp, One of India’s Fastest Growing Non-Bank Financial Companies
Apollo announced that funds within its Hybrid Value strategy have committed to invest $125 million in Hero FinCorp Limited.
- Region
- Asia Pacific
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Shell Foundation’s EEGF Receives $13 Million Injection to Accelerate Access to Clean Energy in Sub-Saharan Africa
Energy Entrepreneurs Growth Fund (EEGF) in Africa has received a US$13 million injection from FinDev Canada.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Google’s Africa Investment Fund Makes First Investment in Uganda’s SafeBoda
Internet giant Google announced that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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African Climate Startups Invited to Apply for Adaptation SME Accelerator Project
Run by Village Capital and The Lightsmith Group, ASAP will accelerate 16 SMEs and startups that are scaling climate adaptation and resilience solutions in Africa and Asia.
- Categories
- Energy, Environment
- Region
- Global
- Tags
- accelerators, climate change, scale, startups
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Press Release: G7 Development Finance Institutions Create Platform to Boost Investment in Fragile States
New DFI collaboration will support the Build Back Better World (B3W) Initiative designed to boost investment in fragile and conflict-affected states in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Digital Generation, Our Generation: Girls Need Access to Digital Devices and Services
On the occasion of the International Day of the Girl Child, millions of girls are coming together with organisations like UNICEF to call to close this digital gap and accelerate opportunities for girls.
- Categories
- Technology
- Region
- North Africa & Near East
- Tags
- accelerators, digital inclusion, SDGs, youth
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Google Sets up $50 Million Fund To Invest in African Startups
Google plans to invest up to $50 million in African early- and growth-stage startups via its Africa Investment Fund, ramping up efforts to support more businesses on the continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Building Back Boldly: How Decisive Government Action Can Support Entrepreneurship in a Post-COVID-19 Economy
COVID-19 caused a global economic contraction of 3.5% last year, inflicting particular damage on emerging economies and pushing approximately 120 million individuals back into extreme poverty. Consultants Kate Collins and Bar Pereg argue that disruption of this magnitude demands large-scale government investment – not only to address the pandemic's economic damage, but also to support the growth of innovative companies in an economy re-shaped by the crisis. They explore the impacts government interventions can have on entrepreneurship, and the importance of taking an ecosystem-wide approach.
- Categories
- Coronavirus, Investing