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PhonePe Raises $350 Million From General Atlantic at $12 Billion Valuation
Walmart-owned PhonePe on Thursday said it has $350 million in its latest funding round from General Atlantic at a pre-money valuation of $12 billion.
- Categories
- Finance, Investing, Telecommunications
- Region
- Asia Pacific
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Report: One Billion People Lack Access to Health Facilities with Reliable Electricity
Nearly one billion people in low- and middle-income countries lack access to health facilities with reliable electricity.
- Categories
- Energy, Health Care
- Region
- Global
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International Monetary Fund Executive Board Approves $240 Million Disbursement to Uganda
The financing agreement with Uganda will allow for the immediate release of about $240 million to the East African country.
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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Press Release: DFC Approves More Than $465 Million of Investments Including in Infrastructure, Health Security, and Small and Medium Sized Businesses in Q1 of FY 2023
Developing countries face an infrastructure gap that is estimated to exceed $40 trillion by 2045.
- Categories
- Coronavirus, Health Care, Investing, Technology, Transportation, WASH
- Region
- Global
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Press Release: IFC and Australia Launch New Partnership to Boost Private Sector Growth in Vietnam
At least $300 million in private investments in Vietnam is expected to be unlocked by a new partnership between IFC and the Australian Government.
- Categories
- Investing
- Region
- South Asia
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Press Release: Equinix to Enter South Africa with US$160 Million Data Center Investment in Johannesburg
Digital infrastructure leader expands footprint in the African continent for data center and digital services.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: At U.S.-Africa Business Forum DFC Announces Active Commitments in Africa Top $11 Billion
DFC announced $369 million in new projects including in health, energy and food security.
- Categories
- Agriculture, Health Care, Investing
- Region
- Sub-Saharan Africa
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The French Development Agency Allocates €10 Million for 950 Boreholes in Togo
The funding is intended for the construction of 950 human-powered water pumps in the Savanes and Kara regions.
- Categories
- WASH
- Region
- Sub-Saharan Africa