IFC Venture Capital Leads $8.6m Series A Investment in Africa’s Talking

IFC, a member of the World Bank Group, today announced that it led the $8.6 million Series A equity investment in Africa’s Talking, a Kenyan based communication-platform-as-a-service (“cPAAS”) API startup, to enable the startup to expand its footprint across the continent. As part of the deal, Wale Ayeni, who leads IFC’s venture capital activities in Africa will join the board; other investors in the round include global venture capital funds, Orange Digital Ventures and Social Capital.

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Countries pledge US$4.1b to GEF to protect global environment

Close to 30 countries have jointly pledged US$4.1 billion to the Global Environment Facility (GEF) to better protect the future of the planet and human well-being. With the health of the global environment worsening, the GEF has received strong support for its new four-year investment cycle, (known as GEF-7), to help safeguard the world’s forests, land, water, climate, and oceans, build green cities, protect threatened wildlife, and tackle new environmental threats like marine plastic pollution.

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Senator Tinubu empowers Lagos Central Constituents’ youth with 31 tricycles

Evidence that youths in the country have not been abandoned has again emerged with the good news coming from Lagos Central Senatorial District of Lagos State. In a renewed effort at youth empowerment, not less than 31 young persons from the senatorial district on Tuesday benefited from an empowerment programme packaged by Senator Oluremi Tinubu representing the area.

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