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Press Release: Masdar and Africa50 Join Forces to Accelerate Clean Energy Transition Across Africa
Ahead of COP28, Masdar commits to unlock 10 gigawatts (GW) of clean energy projects for millions of people across Africa by 2030.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- accelerators, infrastructure, renewable energy, scale, solar, wind
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Correcto Closes €6.5 Million Funding Round and Prepares for Growth in Latin America
With a strong presence in Argentina, Colombia and Mexico, Correcto aims to become an international linguistic reference.
- Categories
- Investing, Technology
- Region
- Latin America
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General Mills investing $12 million in India
General Mills, Inc. broke ground earlier this month on a new $12 million baking plant in Nashik, Maharashtra.
- Region
- Asia Pacific
- Tags
- corporations, manufacturing, scale
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Rethinking Scale in Agribusiness: An Impact Investor Explores the Massive Benefits of Being Small
Many impact investors have adopted the mindset of traditional venture capital, seeking out companies with the potential to reach millions of customers. But Chris Wayne and Coco Lim at Acumen argue that this single-minded focus on scale ignores the realities of agribusinesses in emerging markets, and overlooks small businesses' potential to make a deeper impact. They explore why impact investors should focus on more than just the number of "lives impacted” by their agriculture investments, moving toward a more nuanced understanding of scale in this crucial sector.
- Categories
- Agriculture, Investing, Social Enterprise
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Report: New Lease of Life for Gig Economy in India
The gig economy is continuously evolving and has seen 93% growth since Jan 2023 in the white-collar space as of July 2023.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- e-commerce, employment, gig economy, scale
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Press Release: GOGLA and IKEA Foundation Announce Transformative Scaling Pure Partnership at the South Asia Forum for Distributed Energy (SAFDE)
GOGLA, the global association for the off-grid solar energy industry, and the IKEA Foundation are delighted to announce a strategic partnership to scale the productive use of renewable energy (PURE) across Asia and Africa.
- Categories
- Energy, Technology
- Region
- Global
- Tags
- MSMEs, off-grid energy, renewable energy, scale, solar
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Zanifu Raises $11.2 Million to Scale Its Inventory Financing Offering in Kenya
The fintech provides inventory credit to retailers, and the new funding will enable it to expand the solution to distributors too.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, financial inclusion, fintech, lending, MSMEs, scale, startups
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Founders Factory Africa Closes $114 Million Round to Better Serve Founders in Africa
Accelerators are the lifeblood of the African ecosystem where funding for startups is hard to come by.
- Categories
- Investing
- Region
- Sub-Saharan Africa