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World Bank Report: India Needs to Increase Infrastructure Investment to $55 Billion per Year
The report says that till 2036, the investment in the urban cities must be equivalent to 1.18% of the estimated gross domestic product (GDP) over this period.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- infrastructure
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BEENEXT Leads $3.4 Million Seed Funding Round in Bengaluru-Based Gaming Startup Driffle
The Bengaluru-based startup will use the funds to invest in hiring, strengthening tech infrastructure, product development and expanding to new markets.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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The Warehouse Solution: Why Smart Storage is the Key to Africa’s Food Security
A chain of overlapping crises has raised urgent questions about the state of food security in Africa. This has led to a growing focus on boosting the region's agricultural productivity and strengthening intra-Africa trade. But according to Kamaldeen Raji at AFEX, storage has traditionally been a neglected aspect of these efforts – despite the fact that almost 40% of Africa's food perishes before it reaches consumers. He explores why improving storage infrastructure is an essential step in establishing true food security on the continent.
- Categories
- Agriculture
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NeoGrowth Raises $20 Million From US International Development Finance Corp
NeoGrowth said it has raised $20 million from the United States International Development Finance Corporation.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Blackrock Raises $4.5 Billion for Climate-Focused Infrastructure Fund
BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion target for a new fund to invest in infrastructure assets aimed at climate-focused projects.
- Categories
- Investing
- Region
- Global
- Tags
- ESG, governance, infrastructure
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Acre Launches $200 Million Fund for Climate Finance in Africa
The investment company Acre Impact Capital is launching a $200 million investment fund dedicated to Africa.
- Region
- Sub-Saharan Africa
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African Development Bank and Partners Launch $520 Million Special Agro-Industrial Processing Zones to Transform Nigeria’s Agriculture
Nigeria has begun its long journey to end hunger and achieve food security by launching the Special Agro-industrial Processing Zones (SAPZ).
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Electrification Efforts in Rwanda to Get $473 Million Cash Injection
The government of Rwanda has committed to channel Rwf500 billion ($473 million) to support its universal electrification efforts.
- Categories
- Energy
- Region
- Sub-Saharan Africa
