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BlackRock Secures USD $250 Million for Climate Infrastructure Finance Vehicle
BlackRock Inc has obtained over USD 250 million in commitments for the Climate Finance Partnership across emerging markets.
- Categories
- Energy, Environment
- Region
- Global
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Carro Becomes Unicorn Following $360 Million Series C Raise, Plans to Go Public in 18-24 Months
Carro, a subscription-based service that allows customers to drive a car without the hassle of owning it, has plans to enhance its portfolio of financial services by expanding beyond in-house loan financing, as well as accelerate the development of its AI capabilities.
- Categories
- Finance
- Region
- South Asia
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South African Mobility Startup WhereIsMyTransport Raises $14.5 Million for Expansion
South African Mobility startup WhereIsMyTransport has raised a $14.5 million Series A extension round to continue its expansion across emerging markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Mobility Company Africa’s First to Become Carbon Neutral
South African-based Planet42 has become the first mobility company in Africa to be certified carbon neutral.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Uganda’s Tugende Closes $3.6 Million Series A Extension to Meet the Demand for Its Asset Finance Products
The investment, which, according to the company, was agreed on and structured in 2020, follows the $6.3 million raised in November 2020 and led by Toyota Tsusho investment fund Mobility 54. This brings Tugende’s total Series A financing to $9.9 million.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Vietnam Launches First Autonomous Vehicle
The vehicle boasts AI features including 3D maps, Lidar sensors, simultaneous localisation and mapping technology, and incorporates machine and deep learning within its software
- Categories
- Technology
- Region
- South Asia
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O-City Partners with the Philippines’ Land Bank to Pilot Digital Payments in Public Utility Vehicles
BPC Technology’s payment division, O-City, is partnering with the Philippines’ Land Bank of the Philippines to pilot the country’s digital payments in Public Utility Vehicles such as buses and jeepneys.
- Categories
- Technology
- Region
- South Asia
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Bolt Receives a €20 Million Investment From IFC to Increase Access to Mobility Services in Emerging Markets
Bolt is partnering with IFC, a member of the World Bank Group, to promote access to on-demand mobility services in emerging economies.
- Categories
- Entrepreneurship, Technology
- Region
- Sub-Saharan Africa
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