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InDrive Launches Ventures and M&A Arm to Invest $100 Million in Startups Across Emerging Markets
InDrive will be investing vertically and horizontally from the ride-hail industry, with an eye toward either acquiring or using the services of those companies.
- Categories
- Investing, Transportation
- Region
- Global
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Shekel Mobility Secures $7 Million to Drive Vehicle Financing in Africa
Shekel Mobility, a B2B trading platform catering to car dealers in Africa, secured a $7 million seed in a round led by Ventures Platform and MaC VC.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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Developing Countries Owe China at Least $1.1 Trillion – And the Debts Are Due
China remains the world’s single largest official source of development finance and continues to out-fund any single Group of Seven (G7) developed economy as well as multilateral lenders.
- Categories
- Investing
- Region
- Global
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MicroVest Invests in Bayport Colombia to Expand Access to Payroll Loans for Public Sector Employees
The investment aims to support Bayport’s goal of broadening its reach to a larger portion of public sector employees and pensioners to expand credit accessibility and financial empowerment.
- Categories
- Investing
- Region
- Latin America
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USD 26.5 Million to Bridge Energy Gaps in Sub-Saharan Africa
Oikocredit’s investment will support multiple solution providers with funds to procure, construct and maintain DRE generation and distribution assets in rural Africa.
- Region
- Global
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Scaling Climate Finance for Smallholder Agriculture: Lessons Learned from Partnering with Farmer-Allied Businesses
Small-scale agriculture supports the livelihoods of more than 600 million families and generates over 40% of jobs in Asia and sub-Saharan Africa. Yet as Elizabeth Teague at Root Capital points out, agricultural livelihoods are highly vulnerable to climate change, and smallholder farmers receive just 1.7% of global climate financing. She discusses how Root Capital is working with farmer-allied enterprises to help close this gap, sharing what they’ve learned about how to design and scale climate financing for smallholder communities.
- Categories
- Agriculture, Environment, Investing
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Promoting Financial Inclusion in Colombia’s Rural and Post-Conflict Areas
The debt facility provided by Triodos Microfinance Fund and Triodos Fair Share Fund will enable UNI2 to further expand its loan portfolio.
- Categories
- Finance
- Region
- Latin America
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World Bank’s IFC Backs Indian Insurtech Startup Onsurity in $24 Million Funding
Onsurity aims to fill the gap with its suite of offerings designed specifically for MSMEs enterprises and emerging businesses.
- Categories
- Investing, Technology
- Region
- Asia Pacific