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Andalin Nets US $4 Million to Foray into Trade Financing, Cargo Insurance, SaaS Freight Management
Indonesian digital freight forwarder Andalin has said it secured US$4 million financing in a round led by Intudo Ventures.
- Categories
- Technology
- Region
- South Asia
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Banco Santander, DEG, IDB Invest, Itaú BBA Loan $150 Million to Banco Pan to Boost Digital Financing of Vehicles, Microenterprise, Consumption in Brazil
IDB Invest is leading a loan package totaling USD $150 million for Banco Pan SA, a Brazilian commercial bank, with the aim of increasing access to digital financial services for people with low incomes.
- Categories
- Entrepreneurship, Finance
- Region
- Global
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Press Release: Asian Companies Are Steadily Catching up to Their Western Counterparts When It Comes to ESG Initiatives
The survey conducted by Robocash Group shows that 45% of the respondents from India, Malaysia, Pakistan, the Philippines, and Vietnam who are willing to invest are interested in ESG. However, ESG factors have yet a long way to go to reach massive buy-in from the retail investor community.
- Categories
- Investing
- Region
- Global
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Google Announces New Initiatives to Boost Small Business Recovery
Google has committed support for startups, nonprofits and small, medium-sized and microenterprises (SMMEs) in South Africa to accelerate digital transformation and contribute to the country’s economic recovery.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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DEG Backs Two African Funds with $41 Million
DEG’s funding will provide growth capital to support African businesses in their pursuit to expand and densify the digital infrastructure for Africa’s ongoing digital transformation.
- Categories
- Entrepreneurship, Investing, Technology
- Region
- Sub-Saharan Africa
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How Cross-Industry Collaboration Can Spur the Digitalisation of the Last-Mile Distribution Sector
Last-mile distributors play a critical role in bringing energy and other life-changing products and services to customers in sub-Saharan Africa, and digitalisation is key to enabling these companies to operate at scale. But as Javier Baranda Alonso at Energy 4 Impact explains, both distributors and digital service providers often struggle to understand and service each other’s needs. He shares insights from a research report that highlights ways to accelerate the digitalisation of last-mile distribution by building bridges between the two sectors.
- Categories
- Energy, Entrepreneurship, Technology
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Kenya’s Afya Rekod Raises $2 Million Seed Funding to Digitise Health Record
Afya Rekod, a Kenyan healthtech startup solving this problem by creating a platform that digitally collects and stores people’s health records, has closed a $2 million seed funding to scale its product and expand into new African markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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The Key Ingredients of COVID-19 Adaptation: How Non-Profits Leveraged Flexible Funding to Navigate the Pandemic
In October 2020, Instiglio, an anonymous donor and the Global Development Incubator launched the COVID-19 Adaptation Fund, which supported the efforts of nine non-profits in Kenya and Rwanda to adapt their programming to the challenges of the pandemic. These non-profits recently shared their experiences utilizing the funding, and Mateo Zárate and Sebastian Chaskel at Instiglio highlight some key takeaways that can be useful to other impact-focused organizations working to maintain services during the pandemic – and prepare for future crises.
- Categories
- Coronavirus, Technology
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