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Microsoft Announces US $3 Billion Investment Over Two Years in India Cloud and AI Infrastructure to Accelerate Adoption of AI, Skilling and Innovation
Microsoft shared a comprehensive plan to train and skill 10 million people by 2030, reinforcing its commitment to partnering with India on its journey to become an AI-first nation.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Press Release: Fashion Marketplace LAAM Gets $5.5 Million to Make South Asian Fashion Accessible to the World
LAAM has emerged as a leading platform for South Asian fashion, offering a curated catalog of over 100,000 items from more than 1,000 brands—the largest collection of its kind globally.
- Categories
- Technology
- Region
- South Asia
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$100 Billion for Progress: Inside IDA’s Largest Replenishment Yet
Now an IDA donor, South Korea increased their contribution to IDA21 by 45% from the last funding cycle.
- Categories
- Environment, Finance
- Region
- Global
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AFRICA50 Invests $15 Million in Egypt’s Raya Data Center
Africa50 is an infrastructure investment platform focused on facilitating project development, mobilizing public and private sector finance, and investing in infrastructure on the continent.
- Categories
- Investing, Technology
- Region
- Global
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Africa: M-Pesa Expands Payment Services to China Through Strategic Partnership with Thunes
Expected to launch in the coming months, this innovation addresses the challenges faced by travelers navigating China’s cashless economy.
- Categories
- Finance, Technology
- Region
- Global
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Airtel, Mobihealth to Provide Telemedicine Services for Nigerians in Rural Areas
Mobihealth’s platform offers various services, including 24/7 teleconsultations, prescription services, delivery of genuine medications, and access to international medical specialists.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Analysis: Rethinking Africa’s Infrastructure Gap: Innovation Ecosystems as the Key to Sustainable Growth
Efosa Ojomo and Mara Hansen Staples argue that investments in infrastructure must be paired with investments in innovation ecosystems.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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Education-Focused NBFC Varthana Raises $15 Million From BlueOrchard
The funds, raised under the external commercial borrowings framework, will support Varthana’s lending portfolio.
- Categories
- Education
- Region
- Asia Pacific
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