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Edtech Start-Up Manara Raises $3 Million in New Financing
Funding round was led by FinTech company Stripe with participation from Careem founder Mudassir Sheikha and other major investors.
- Region
- Global
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Toyota to Invest $624 Million to Make Electric Vehicle Parts in India
Toyota Group plans to invest 48 billion rupees ($624 million) to make electric vehicle components in India, as the Japanese carmaker works toward carbon neutrality by 2050.
- Categories
- Technology
- Region
- Asia Pacific
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Norebase Raises $1 Million to Allow Companies to Start, Scale, and Operate in Any African Country
Norebase allows founders and businesses to start and scale across several African countries at once or periodically.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Pangea to Unlock Diaspora Remittances as Funding Source for African Startups
Pangea Trust, through its equity crowdfunding platform Connect, is unlocking diaspora remittance inflows as funding source for early and growth-stage startups in Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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$60 Million for SME Impact Investment Vehicle B in Africa
At least six development finance institutions are committing $60 million to the Bamboo-UNCDF Initiative for Least Developed Countries (BUILD). The vehicle will invest in impact projects led by small and medium-sized enterprises (SMEs).
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Promoting the Investment Readiness of Local Capital Providers in Africa
Ten fund managers active in Africa’s tech space have been selected from across the continent for the LAUNCH Capital Provider Fellowship Program
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Strengthening the ‘Environment’ Component of ESG: How Financial Institutions Can Bring Green Financing into the Mainstream in India
Environment, social and governance (ESG) reporting is a critical enabler for many companies that hope to leverage business for social good. But according to Aryasilpa Adhikari and Priyank Sharma at the Inclusive Finance India Initiative and Srishty Anand at Fair Finance India, though Indian financial institutions have shown an increased focus on the social and governance components of the ESG framework, the environment component has generally been less of a priority. They explore several ways India can change this dynamic and bring green finance into the mainstream.
- Categories
- Environment, Finance, Investing
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Honeycomb Credit, Upstart Co-Lab to Allow Institutional Money to Participate in Crowd Loans
Honeycomb Credit, a bank replacement regulated Funding Portal, has announced a partnership with Upstart Co-Lab, to offer a “first-of-its kind loan crowdfunding platform.”
- Region
- North America
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