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African Development Bank Commits to $25 Billion Funding for Africa’s Climate Adaptation
Dr. Akinwumi Adesina, said the Bank is committed to mobilising $25 billion in funding to help African countries adapt to climate change.
- Region
- Sub-Saharan Africa
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Implementing Effective Innovation Challenges: Three Lessons from the Last Mile Distribution Sector
Last mile distributors (LMDs) are key to bringing life-changing products to hard-to-reach consumers, and innovation is essential to their work. But as Emma Colenbrander and Charlotte Taylor at the Global Distributors Collective and Gerwin Jansen at Bopinc explain, these innovations are often not replicated, leading LMDs to spend time and resources reinventing the wheel. They explore how innovation challenges can foster greater replicability and inclusivity, and share three key insights for LMDs and other businesses and organizations working to support innovation at the last mile.
- Categories
- Technology
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Indonesia’s Moladin Raises $95 Million Series B Funding to Grow Its Automotive Ecosystem
Moladin, an Indonesia-based omnichannel used car marketplace, announced Monday it has secured Series B funding of $95 million led by global internet investment firm DST Global.
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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Honeycomb Credit, Upstart Co-Lab to Allow Institutional Money to Participate in Crowd Loans
Honeycomb Credit, a bank replacement regulated Funding Portal, has announced a partnership with Upstart Co-Lab, to offer a “first-of-its kind loan crowdfunding platform.”
- Region
- North America
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Press Release: USAID’s Power Africa Launches Partnership to Electrify Health Facilities Across Sub-Saharan Africa as Part of President Biden’s Global Infrastructure Initiative
The Healthcare Electrification and Telecommunication Alliance will enhance health services and assist in COVID-19 response efforts by providing electricity in healthcare facilities across sub-Saharan Africa.
- Categories
- Energy, Health Care, Telecommunications
- Region
- Sub-Saharan Africa
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James Murdoch’s Bodhi Tree Invests $1.78 Billion in Ambani-Backed Viacom18 in India
The Indian conglomerate Reliance and Viacom18 have inked a strategic partnership with Bodhi Tree.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Gojek’s Investment Arm Backs $22 Million Round of Audio Content Firm
The company is boosting its growth through Noicemaker Studio, which allows content creators to distribute their audio content directly on the Noice platform.
- Categories
- Technology
- Region
- South Asia
- Tags
- partnerships
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African Development Bank Earmarks €10 Million Equity Investment to Drive Africa Tech Startups
The investment will help Cathay-AfricInvest Innovation Fund meet its target of securing €110m to invest in over 20 early-stage ventures across sub-Saharan Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa