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Ho Chi Minh City Sets up $20 Million Venture Capital Fund to Support Startups
Priority investment areas include digital technologies such as artificial intelligence, big data and blockchain, semiconductor manufacturing, biotechnology, new materials, renewable energy, automation and robotics.
- Categories
- Investing
- Region
- South Asia
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Press Release: Fasanara and IFC Launch New Strategy to Expand Access to Finance for MSMEs in Emerging Markets
The initiative will channel more affordable, flexible financing to MSMEs by supporting fintech lenders that serve these businesses.
- Categories
- Investing
- Region
- Global
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African Development Bank Approves €6.5 Million Investment in Saviu II to Back Francophone African Tech Start-Ups
The decision, taken at the Bank’s headquarters in Abidjan, aims to help young tech start-ups bridge a persistent funding gap and scale from seed through their first institutional fundraising rounds, particularly in French-speaking West and Central African countries.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Proparco Grants Wema Bank a First €5 Million Guarantee to Finance Impact-Driven MSMEs in Nigeria
Proparco is granting a NGN 9 billion ARIZ portfolio guarantee (equivalent to €5 million) to Wema Bank in Nigeria. This marks the first collaboration between the two institutions.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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NSIA, JICA Plan $50 Million Fund to Empower Startups in Nigeria
The fund will provide capital to pre-seed, seed, and early-stage start-ups, addressing critical social challenges in sectors such as agriculture, healthcare, education, energy, waste and water management.
- Categories
- Agriculture, Education, Energy, Finance, Health Care, WASH
- Region
- Sub-Saharan Africa
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Peak XV Raises $1.3 Billion, Doubles Down on AI as Global VC Rivalry in India Heats Up
The capital will be deployed across its India seed and venture funds as well as its APAC vehicle.
- Categories
- Technology
- Region
- Asia Pacific
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Chowdeck Price Transparency Suit Could Set a Precedent for Nigeria’s Food Delivery Industry
“The goal here is not merely to secure compensation. It is to prompt industry-wide policy reflection, strengthen compliance practices, and foster a culture of pricing transparency that enables consumers to make informed decisions,” Abdulrahman Akinyemi, counsel to the claimant said.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, gig economy, regulations, startups
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PwC Takes Over Koko Networks After Clean-Cooking Startup Enters Administration
The collapse caps nearly two years of worsening financial and operational pressure, including in 2024 when Koko was forced to pivot to more expensive and often insufficient local supply, a shift insiders say squeezed margins and destabilised its fuel logistics.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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