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Indonesia’s Skor Technologies Raises $6.2 Million in Pre-Series a Funding Led by Argor Capital
The capital raised will be focused on helping the business achieve scale while growing the team with key talents across the organization.
- Categories
- Finance, Technology
- Region
- South Asia
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Analysis: How Life Sciences Innovation and Collaboration Could Halve Climate Change’s Adverse Health Effects
Investment of just 5% of the annual pharmaceutical industry's research and development (R&D) budget in climate-driven health solutions could save around 6.5 million lives and avoid $5.8 trillion in economic losses.
- Categories
- Environment, Health Care
- Region
- Global
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WhatsApp Pay Becomes Available For All Users In India
With WhatsApp's massive user base of over 500 million in India, this development could significantly alter the competitive landscape of digital payments.
- Region
- Asia Pacific
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Making Mini-Grids Work for Everyone: A Tariff Harmonization Pilot in Sierra Leone Reveals the Benefits and Challenges of Lowering Prices
Solar mini-grids offer a promising solution to energy poverty in Africa. But according to Tombo Banda and Lisa Kahuthu at CrossBoundary and Miriam Atuya, this approach has yet to gain sufficient traction, due in part to the challenge of balancing operational sustainability with affordability. If customer tariffs are set too low, operators lack revenue — but if prices are set too high, mini-grid electricity isn’t accessible enough to drive widespread adoption. They share the results of a pilot program in Sierra Leone that tested the impact of lower prices on mini-grid operators and their customers, highlighting the implications for future efforts to implement tariff reduction at scale.
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ExxonMobil’s 2030 Agenda: Fueling Decarbonization With $30 Billion While Ramping up Oil & Gas and LNG Output
These projects are anticipated to further expand the U.S. giant’s global LNG footprint and market access.
- Categories
- Energy
- Region
- Global
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JBS to Invest $2.5 Billion in Nigeria’s Meat Production but Environmental Concerns Raised
ProVeg Nigeria and ProVeg Brazil said in a joint statement the plan by JBS to expand its operations in Africa is counterproductive to ensuring food security on the continent.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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TotalEnergies Pauses Investments in India’s Adani Group After Bribery Charges
The crisis is the second in two years to hit the Adani group, which was last year accused by short seller Hindenburg Research of improperly using offshore tax havens. The company denied those claims.
- Categories
- Energy
- Region
- Global
- Tags
- governance, regulations, solar
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Kenya’s Hustler Fund Is a Flop. Why President Ruto’s Plan to Loan Money to Entrepreneurs Hasn’t Worked
The Kenya government acted as a micro-lender via the Hustler Fund, which was applauded by the financial inclusion lobby as a way to correct failures in the credit market.
- Categories
- Investing
- Region
- Sub-Saharan Africa