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Carro Becomes Unicorn Following $360 Million Series C Raise, Plans to Go Public in 18-24 Months
Carro, a subscription-based service that allows customers to drive a car without the hassle of owning it, has plans to enhance its portfolio of financial services by expanding beyond in-house loan financing, as well as accelerate the development of its AI capabilities.
- Categories
- Finance
- Region
- South Asia
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IFC, German Ministry for Development, Partner to Strengthen Supply Chains for Smallholder Farmers in Africa
IFC and BMZ, the German Ministry for Economic Cooperation and Development, launched a new program today that will leverage greater private sector investments to support the food production value chain across Africa and increase access to finance for rural farmers and businesses.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Press Release: G7 Development Finance Institutions and Multilateral Partners to Invest over $80 Billion into African Businesses over the Next Five Years
The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD, and the EIB today announced that they were committed to investing $80 billion in the private sector over the next five years to support sustainable economic recovery and growth in Africa.
- Categories
- Coronavirus, Finance, Investing
- Region
- Sub-Saharan Africa
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Agritech Supplant Raises $10 Million to Accelerate South African Agriculture Growth
SupPlant, a leading precision agriculture hardware-software solution, has announced its recent funding round, raising $10-million partially dedicated to accelerating its penetration into the South African Market.
- Categories
- Agriculture, Investing, Technology
- Region
- Sub-Saharan Africa
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ESG Investing Is Fast Gaining Traction in India
The trend of sustainable investing by incorporating environmental, social and governance (ESG) factors is gaining traction in India.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- ESG, governance, impact investing
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Analysis: African Youth Are Capable Entrepreneurs, Invest in Them Now
The Future of Production indicated that the continent will, by 2030, be home to a capable labour force of over 1.6 billion, larger than Asia and South America.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Press Release: Tiedemann Advisors Hires Jed Emerson to Lead Global Impact Investing Practice
Tiedemann Advisors, one of the largest independent investment and wealth advisors for high-net-worth families, trusts, foundations and endowments, announced today that Jed Emerson has joined the firm as a Managing Director and Global Lead of Impact Investing.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Twitter Ban Will Harm Nigeria as a Technology Investment Destination
In recent years Lagos, Nigeria’s biggest city, has become Africa’s most attractive tech hub for investors. But that could be imperilled by the government’s decision to suspend Twitter’s operations in the country.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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