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The UK’s development finance arm British International Investment (BII) plans to invest $6 billion in Africa over the next 5 years. The funding will be invested in various forms including debt and equity financing. Read more in #TCDaily.
The government-backed project uses the internet of things and sensors to give a real-time report of road conditions. It has been designed to reduce the
E-commerce giant Amazon is reportedly growing tired with delays to the completion of the $274 million multi-purpose complex in Cape Town. Further delays could see Amazon terminating the developer agreement, and scrapping the entire project. Read more in #TCDaily.
A total of 15 startups will be selected under the programme
Startup Incubation and Innovation Centre, the technology business incubator at IIT Kanpur, is launching the NIRMAN Accelerator Programme, supported by the Department of Science and Technology, Government of India.