Meta sued by Ethiopians and Kenyan rights group for fueling Tigray War

A lawsuit against Facebook’s parent company Meta has been filed in Kenya’s High Court over its alleged role in fueling violence and hate in eastern and southern Africa.

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Sun King, a provider of solar energy products in Africa and Asia, expands Series D to $330M

December 22, 2022

Sun King, a provider of off-grid solar energy products in Africa and Asia, has secured a $70 million equity investment led by LeapFrog Investments. It’s an extension of the $260 million Series D round the solar company announced this April, which was led by BeyondNetZero, the climate investing venture of General Atlantic and M&G Investments’ Catalyst and Arch Emerging Markets Partners.

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Indian brands now dominate country’s wearables market

December 22, 2022

In a major boost to Asia’s third largest economy’s towering ambitions to dominate the smart devices market, India’s home-grown brands now comprise 55 per cent of the country’s accessories’ space, data by market intelligence-major IDC India showed. The accessories’ space includes hearables, wearables, and power accessories. The IDC India attributed the dominance of Indian wearable brands to new launches, discounts across channels, and aggressive marketing by brands.

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