USAID revealed it will finance a $4 million funding initiative focused on helping 8 innovative solar firms across sub-Saharan Africa. It will donate $500,000 to each household solar start-up in the region which can prove a 2:1 private investor match, for example to demonstrate they have collected $1 million from […]
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Despite of a quite slow start, at least when compared to European powers like Germany and UK, the startup scene in Italy has started to grow seeking global stage. Italian startups have been notably active in the last few years, supported by programs like the governmental Italia Startup Visa Program. […]
Umer is a new app coming from Russia and made by Dmitriy Geranin whose purpose is to support people organize funerals for their loved ones. It is as convenient as transportation application Uber, but it assists you in organizing funerals, not rides. A user selects the search key parameters by choosing […]
Russian mobile services provider MegaFon and Sberbank have concluded a contract to launch a $592m credit line that expires in 2024 to finance a stake take over in Mail.ru Group. The money will enable the takeover of 15.2% of shares in the authorized capital of Mail.ru Group (63.8% of voting […]
In development of modern economies, one of the key roles is played by startups. A well-developed ecosystem of startups creates favorable conditions for development of innovative solutions and products that can sometimes revolutionize the market. Turkish startups are still far away from the leading in innovation California’s ‘Silicon Valley’, but […]