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IFC Commits USD $6 Million to Catalyst Fund’s USD $40 Million Africa Climate Tech Vehicle
The fund, managed by Catalyst Impact Partners Corp, will target pre-seed and seed companies in fintech for climate resilience, sustainable livelihoods, etc.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Zippi, a Brazilian Digital Credit Fintech, Raises Us$15.9 Million to Expand Credit Access for Micro and Small Businesses in Brazil
Securitized through FIDC and supported by Tiger Global, the capital will help double the credit offering to underserved entrepreneurs and SMEs.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- credit scoring, fintech, MSMEs, startups
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P4G Awards $3.8 Million to 14 Climate Startups Driving Green Innovation in Emerging Markets
This funding will help these early-stage businesses grow breakthrough solutions making them investment-ready to accelerate green growth in emerging markets.
- Categories
- Energy, Finance, Technology
- Region
- Global
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Press Release: New Facility Launched to Strengthen Water Enterprises and Expand Safe Water Access
The facility is designed to help promising water enterprises grow stronger and reach further.
- Region
- Sub-Saharan Africa
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Jacqueline Novogratz and Acumen Raise $300 Million For Off-Grid Solar In Africa
Backers include Green Climate Fund, IFC, Shinhan Bank, Nordic Development Fund and Soros Economic Development Fund.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
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Kenya’s eBee Lays off Employees Across All Departments in Major Restructuring
"The layoffs reflect broader challenges facing Kenya’s e-mobility sector, where riders are opting for cheaper electric motorbikes over eBee’s bicycles . . ."
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, failure, scale, startups
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VC Firm Crane Launches $135 Million Fund in Asia Pacific
Crane Venture Partners was founded in 2015 and invests in technology companies at early stages across multiple regions.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Elon Musk’s xAI Secretly Dropped Its Benefit Corporation Status While Fighting OpenAI
While xAI, and its supplier, Solaris Energy Infrastructure, initially promised to use pollution controls with the turbines, those haven’t yet materialized.
- Categories
- Technology
- Region
- North America
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