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Lake Turkana Wind Power to Take Full Advantage of Digitization
Software as a service company Clir Renewables has today announced a partnership agreement with the Kenyan-based Lake Turkana Wind Power (LTWP).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Y Combinator-Backed Drip Capital Crosses $1 Billion Milestone in Trade Financing for Small Businesses
Credit and Finance for MSMEs: Drip has recorded a 50 per cent quarter-on-quarter growth in the last three quarters, according to Co-founder and CEO Pushkar Mukewar.
- Categories
- Entrepreneurship
- Region
- Asia Pacific
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Grab Raises $300 Million for Fintech Arm’s Ambitious Expansion
Southeast Asian ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its rapidly-expanding financial services business.
- Categories
- Finance
- Region
- South Asia
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MSME E-Commerce Enabler Shopmatic Sees 40% Revenue Growth Amid COVID; Aims to Turn Cash Positive in 2021
Ease of Doing Business for MSMEs: Shopmatic had acquired CombineSell in October 2019 and Octopus Retail Management in March 2019 while it had partnered with PayU, OnlineSales.ai, United Overseas Bank - Singapore, and CIMB Bank - Malaysia to help SMEs enhance their omnichannel presence.
- Categories
- Coronavirus, Entrepreneurship
- Region
- Asia Pacific
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CropIn Raises US $20 Million in Series C Funding Round to Advance the Reach of Its Farm Management and Predictive Analytics Solutions in Asia
CropIn, a leading global artificial intelligence and data-led agri-tech organisation empowering stakeholders to reimagine agriculture with data, has raised US$ 20 million in a Series C funding round led by ABC World Asia, an Asia-focused private equity fund dedicated to evidence-based impact investing.
- Categories
- Technology
- Region
- Asia Pacific
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India to Upgrade Rural Power Distribution Networks
The Asian Development Bank (ADB) and the government of India have signed a $300 million loan to upgrade rural power distribution networks to provide reliable electricity supply to consumers in the state of Uttar Pradesh.
- Categories
- Energy
- Region
- Asia Pacific
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SEC vs Chaka: Regulation May Be Coming to Nigeria’s Investment-Tech Platforms
The consumer side of Nigerian fintech is full of new activity. Digital lenders offer loans in minutes, cryptocurrency first-movers abound, and startups are helping users invest in reliable financial assets.
- Categories
- Entrepreneurship, Investing
- Region
- Sub-Saharan Africa
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Analysis: What We Can Learn From Aveda’s Blockchain Vanilla Traceability Project
Improving traceability remains one of the thorniest challenges for many sustainability teams, even as consumers’ calls for more transparency into the makeup of products
- Categories
- Technology