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Tanzania, Uganda, and South Africa Are the Top African Markets for Remittance Inflows in Kenya
Diaspora remittances decreased by 3.4 percent, as Kenyans working and living abroad sent home $338.7 million (Sh38.3 billion) in January 2022 compared to a monthly record high of $350.6 million (Sh39.6 billion) in December.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Joint SDG Fund Doubles Its Portfolio to $114 Million in Catalytic Impact Investments
The UN Joint SDG Fund announced a historic expansion of its portfolio to five new markets across the globe with US $54.5 million in additional investments to rescue the Sustainable Development Goals.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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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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Thai Lender Siam Commercial Bank Invests $100 Million in Indonesia’s Akulaku
Thailand's Siam Commercial Bank Pcl announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
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Investcorp Leads $55 Million Investment in NDR Warehousing
Bahrain-based Investcorp, a global investment manager specializing in alternative investments, said it has led a USD $55 million investment in NDR Warehousing.
- Categories
- Agriculture, Investing
- Region
- Asia Pacific
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Tiger Global and Greycroft Back Nigerian Investment App Bamboo in $15 Million Round
The average Nigerian only has a handful of ways to save and invest. Building a portfolio of stocks, particularly U.S. stocks, is one way they can hedge against inflation and currency devaluation.
- Region
- Sub-Saharan Africa
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Startup Funding Triples to a Record $15 Billion in Latin America
Tech investors poured a record amount of funding into Latin America last year, minting a new class of billion-dollar startups in a region rapidly becoming a target for venture capitalists.
- Categories
- Finance, Technology
- Region
- Latin America
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Medical Tourism Startup Hospals Raises $3.5 Million from Inflection Point Ventures, 9unicorns, Wavemaker & Kunal Shah
Hospals, a cross border health benefits & travel platform that enables international patients to access healthcare across India, UAE, Turkey & Thailand, announced part raise of its Pre-Series A investment.
- Categories
- Health Care
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