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Innovations in E-Mobility: An Electric Vehicle Startup Seeks to Gain Traction in Mexico
Mexico City is the fifth most populated city in the world – and the most congested city in North America. Over the years, traffic and pollution levels have spurred government efforts to improve mobility in the city. But momentum is also building in the private sector, as illustrated by the startup Zacua, Mexico's first electric vehicle brand. Diana Páez at the William Davidson Institute spoke with Nazareth Black, Zacua’s CEO and a prominent e-Mobility advocate, to learn more about the company’s efforts to accelerate the adoption of e-Mobility solutions in the country.
- Categories
- Energy, Technology, Transportation
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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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Afrikrea Raises $6.2 Million in New Funding, Rebrands to Anka
The e-commerce platform, which aims to bring African-made products to a global audience, has completed a $6.2 million pre-Series A funding round and rebranded to Anka.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, infrastructure
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Mozambique: $47.09 Million Grant From African Development Fund for Special Agro-Industrial Processing Zone
The grant, from the African Development Fund, will help improve agricultural productivity and agribusiness development in the Niassa province by advancing institutional capacity, skills, and entrepreneurship to spur agricultural value chain growth.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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Nigerian Mobility-Tech Startup MAX Bags $31 Million in Series B Round, Set To Expand Across Africa, Build EV Infrastructure
Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX) is planning to enter more markets across Africa as it races toward formalizing the continent’s transportation sector after securing $31 million in Series B funding.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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BlackRock Raises $673 Million for Climate-focused Infrastructure Fund
The world's largest money manager hopes the fund, announced on Tuesday and dubbed the Climate Finance Partnership, will show how to mobilize private capital in developing countries to tackle climate change, a sticking point at United Nations climate talks underway in Glasgow.
- Categories
- Environment
- Region
- Global
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Kenya’s Twiga Raises $50 Million To Scale Food Solutions Across Africa
Twiga Foods uses technology to build supply chains in food and retail distribution in Africa, and it recently announced a $50 million Series C round to scale its efforts in the East African nation and other neighboring countries.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Pismo Raises $108 Million Series B Led by Softbank, Amazon and Accel To Enable Cloud-native Financial Services Globally
Pismo, the cloud-native core banking and payments platform, announced the signing of a $108 million Series B fundraising round.
- Categories
- Finance
- Region
- Global
- Tags
- data, fintech, infrastructure, innovation