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Indonesia’s Lippo Raises Stake in Local Hospital Firm Siloam for $25.27 Million
Indonesian conglomerate Lippo, through Lippo Karawaci, increased its stake in locally listed Siloam International Hospitals.
- Categories
- Health Care, Investing
- Region
- South Asia
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Tofino Capital Closes First Round of $10 Million Fund to Back Startups in Africa
The VC will invest between $50,000 and $500,000 in early-stage companies, particularly pre-seed and seed stages.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Gojek’s Investment Arm Backs $22 Million Round of Audio Content Firm
The company is boosting its growth through Noicemaker Studio, which allows content creators to distribute their audio content directly on the Noice platform.
- Categories
- Entrepreneurship, Technology
- Region
- South Asia
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CATL to Partner With Indonesian State Companies on $6 Billion Electric Vehicle Battery Project
Contemporary Amperex Technology Co. and two state-owned companies in Indonesia plan to jointly develop a $6 billion electric-vehicle battery integration project, capitalizing on the bigger shift by the auto industry toward battery-powered vehicles.
- Categories
- Energy, Environment
- Region
- South Asia
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Softbank Shifts Latin America Plan With New Early-Stage Spinout, Upload Ventures
SoftBank Latin America Fund announced that it is spinning out its early-stage Latin American investment arm into a new autonomous entity, dubbed Upload Ventures.
- Region
- Sub-Saharan Africa
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Russia’s War on Ukraine Compounds Food Crisis in West Africa
The number of people going hungry in West Africa has reached its highest level in decades, with Russia’s invasion of Ukraine exacerbating a food crisis.
- Region
- Sub-Saharan Africa
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India’s Axis Bank Accelerates Retail Push With $1.6 Billion Citi Deal
Indian private lender Axis Bank has decided to bulk up its credit card and retail businesses with a $1.6-billion purchase of Citigroup Inc's local consumer banking arm.
- Categories
- Finance
- Region
- Asia Pacific
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Pfizer to Supply UNICEF up to 4 Million Treatment Courses of Novel COVID-19 Oral Treatment for Low- and Middle-Income Countries
Pfizer Inc. announced today an agreement with UNICEF to supply up to 4 million treatment courses of its COVID-19 oral treatment.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
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