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Indonesia’s Fresh Factory Secures $4.5 Million Seed Funding Led by East Ventures
Fresh Factory funding will accelerate bringing new innovation to the cold chain management industry in Indonesia.
- Categories
- Investing
- Region
- South Asia
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Finding Value in Food Losses and Byproducts: Why Circular Agribusiness is Key to Sustainable Food Security in Africa
Food waste and spoilage are major problems in Africa: For example, between 25% and 44% of mangoes are lost across the value chain in Kenya. Brenda Wangari at Village Capital and Patrick Guyer at Bopinc discuss an innovative solution to this challenge: circular agribusinesses that turn food waste and byproducts into affordable, nutritious foods and organic fertilizers. They explain how the O-Farms program, Africa’s first accelerator focusing entirely on circular agribusiness, is supporting these enterprises, and how this approach can help ensure food security on the continent.
- Categories
- Agriculture, Entrepreneurship
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Report: Leveraging SME Financing as Engine of Economic Growth and Job Creation in Sierra Leone
According to a new World Bank economic analysis for Sierra Leone, small and medium enterprises (SMEs) are critical to achieving goals of economic diversification.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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African Development Bank Group Initiative to Increase Finance for Women SMEs in Nigeria, Others
The new AfDB-funded AWIEF program aims to accelerate efforts to address gender inequality and drive inclusive economic transformation.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: U.S. International Development Finance Corporation and Gazelle Finance Launch Facility to Support Ukrainian Companies Displaced by War
The economic recovery facility will provide technical assistance to Ukrainian small and medium enterprises (SMEs) whose businesses have been negatively impacted by the war.
- Categories
- Finance
- Region
- Europe & Eurasia
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Indonesia E-commerce Logistic Solutions Startup Biteship Secures Seed Funding Co-led by East Ventures and Beenext
Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs), announced it has secured seed funding co-led by East Ventures and Beenext.
- Categories
- Technology
- Region
- South Asia
- Tags
- e-commerce, small business, SMEs, startups, tech, technology
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Press Release: DFC Approves $1.4 Billion for Projects that Advance Development Impact Across Africa, Asia, Eastern Europe, and Latin America and the Caribbean
34 transactions approved this quarter utilize DFC’s tools including equity and funds investments to address U.S. priorities and global development challenges
- Categories
- Investing
- Region
- Global
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Press Release: Vice President Harris Announces More Than $1.9 Billion in New Private Sector Commitments as Part of Call to Action for Northern Central America
The Vice President, U.S. Department of State, and the Partnership for Central America (PCA), come together to announce private sector commitments now total more than $3.2 billion
- Categories
- Investing
- Region
- Latin America