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Apna Raises $70 Million in Series B Funding From Insight Partners and Tiger Global at $570 Million Valuation
Apna will use the proceeds to strengthen its presence in existing cities and expand pan-India over the next 6 months to help restart India’s economy as it recovers from the COVID-19 pandemic.
- Categories
- Coronavirus, Entrepreneurship, Investing, Technology
- Region
- Asia Pacific
- Tags
- coronavirus, EdTech, entrepreneurship, impact invest, jobs, tech, technology
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Press Release: Tony Elumelu Foundation Trains over 200,000 African Entrepreneurs across 54 African Countries
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has successfully trained over 200,000 entrepreneurs in core business management skills as part of its 2021 TEF Entrepreneurship Programme.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Analysis: African Youth Are Capable Entrepreneurs, Invest in Them Now
The Future of Production indicated that the continent will, by 2030, be home to a capable labour force of over 1.6 billion, larger than Asia and South America.
- Categories
- Entrepreneurship, Investing
- Region
- Sub-Saharan Africa
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African Entrepreneurs Invited to Apply For MIT-Based Fellowship
The Legatum Centre for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT) has launched the inaugural Legatum Foundry Fellowship to support entrepreneurs in Africa.
- Categories
- Entrepreneurship, Technology
- Region
- Sub-Saharan Africa
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Tetra Tech Buys International Development Consultancy Kaizen
Tetra Tech, a Pasadena, California-based engineering and consulting firm, has acquired The Kaizen Company, a Washington, DC-based management consulting firm specializing in international development.
- Categories
- Entrepreneurship, Technology
- Region
- North Africa & Near East
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Analysis: Women Can Add $14.57 Billion to E-Commerce in Africa, According to IFC Research
The e-commerce market in Africa could grow by more than $14.5 billion between 2025-2030 according to an IFC report published yesterday.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Asirvad Microfinance Raises $15 Million From WorldBusiness Capital Inc
Asirvad Microfinance, a subsidiary of Manappuram Finance, on Monday said it had raised $15 million (around Rs 110 crore) in a seven-year external commercial borrowing loan from the US-based WorldBusiness Capital Inc (WBC).
- Categories
- Entrepreneurship, Finance
- Region
- Asia Pacific
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Scaling the Last-Mile Distribution Industry With Data-Driven Lending
Low-income consumers in emerging markets rely heavily on last-mile distributors (LMDs) for access to life-changing products, from smartphones to solar home systems. But as Erin Junio at Angaza explains, despite the critical role they play in the sale and distribution of these products, LMDs struggle to access the funding they need to scale. She explores the funding challenges these businesses face — and how data-driven innovations in lending are emerging to close this financing gap.
- Categories
- Energy, Entrepreneurship, Investing
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