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Cambodia’s ATEC Raises $15.5 Million in Funding Round Co-Led by Lightrock and TRIREC
The rollout will focus on Bangladesh, Cambodia, Malawi, and Nepal, entrenching ATEC’s presence in Asia and Africa.
- Categories
- Energy, Investing, Technology
- Region
- South Asia
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Jacqueline Novogratz and Acumen Raise $300 Million For Off-Grid Solar In Africa
Backers include Green Climate Fund, IFC, Shinhan Bank, Nordic Development Fund and Soros Economic Development Fund.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
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Africa Holds Just 1% of Global AI Talent. Japan Wants to Change That
JICA’s plan has two broad goals: build a deep AI talent pool by supporting African universities and regional research networks, and expand bilateral cooperation with Japanese firms.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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‘Moonshot’ Education Finance Facility Aims to Turn $1 Into $7 in LMICs
The International Finance Facility for Education is finally up and running — and it’s “a smart aid approach,” according to its first CEO, Karthik Krishnan.
- Region
- Global
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SMBC Invests in Novastar Ventures’ New Fund
This commitment is a clear indicator of a wider, calculated trend of Japanese corporate capital being strategically deployed into Africa’s vibrant and rapidly expanding technology startup ecosystem.
- Categories
- Investing, Technology
- Region
- Global
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JICA Invests USD $40 Million in Aavishkaar Capital Fund to Boost Asia Africa Enterprises
Through JICA's contribution, the fund will extend credit to private companies operating in Africa, India, and other parts of emerging Asia.
- Categories
- Investing
- Region
- Global
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Scaling Youth Entrepreneurship in Africa: A Multi-Stakeholder Approach for Developing Local Ecosystems
Across Africa, governments and development actors are investing in youth entrepreneurship, with funders and international NGOs increasingly partnering with local non-profits to develop better support ecosystems for young entrepreneurs. But as Grégory Valadié and Juan Carlos Thomas at TechnoServe explain, many of these local organizations face limitations in capacity, systems and tools. They explore four ways to maximize these partnerships’ impact by complementing their direct implementation work with systems-level solutions, and leveraging institutions that already reach young people at scale.
- Categories
- Education
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Why the Global Plastics Talks Collapsed — and What’s Next
One significant sticking point: the refusal of plastic-producing nations, including the U.S., to agree to production limits.
- Categories
- WASH
- Region
- Global
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