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Africa’s Startups Need Patient Capital: Could the African Diaspora Help Provide it?
African startup funding amounts to a tiny fraction of global venture capital (VC), and these investments are often concentrated on sectors like fintech and e-commerce. As a result, as Kristin H. Wilson at Innovate Africa Fund argues, African founders often lack the capital and incentive to tackle the continent’s biggest development challenges. She proposes a new approach to funding innovative African-made solutions to these issues — one that leverages the capital and entrepreneurial expertise of the African diaspora.
- Categories
- Health Care, Investing
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PBR Life Sciences Raises $1 Million Pre-seed to Expand AI-Powered Healthcare Data Platforms Across Africa
Previously targeting 1000 pharmacies in Nigeria, PBR will use this new funding to expand its AI-driven health data solutions in Ghana and Kenya.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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African Union Gains $45 Million Package to Boost Vaccine Manufacturing in Senegal
The funding will expand the capacity of Senegal’s Institut Pasteur de Dakar (IPD) to produce shots at its vaccine manufacturing hub MADIBA.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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NextBillion’s Most Influential Articles of 2024: Congratulations to the Three Winners
NextBillion's “Most Influential Articles of the Year” contest has been a yearly tradition since 2012. The contest highlights 12 of our most-read articles from the past year and gives readers the opportunity to vote for their favorites. Here are our three Most Influential Articles of 2024, as selected by our readers.
- Categories
- Agriculture, Energy, Environment, Health Care, Investing, Technology
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Tech Firm Acquires Rigo Microfinance Bank
The takeover is expected to strengthen NucleusIS Africa’s ability to deliver healthcare financing services across the continent.
- Categories
- Finance, Health Care
- Region
- Sub-Saharan Africa
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Press Release: The Pandemic Fund Announces Third Round of Funding, Marking Another Milestone in Pandemic Preparedness
Interested countries, Regional Entities, and Implementing Entities will be able to submit proposals through an online portal starting in March 2025.
- Categories
- Health Care
- Region
- Global
- Tags
- COVID-19, public health, scale
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Announcing NextBillion’s Most Influential Articles of 2024: Vote for Your Favorites by Jan. 5
As we bid farewell to an eventful year, it's time for NextBillion’s annual tradition: our “Most Influential Articles of the Year” contest. Each December since 2012, we've selected 12 of our most-read articles from the past year, inviting readers to vote for the ones that influenced their thinking the most. Check out the articles in this year's contest (if you haven't already), and vote for your favorites: You can vote up to once per hour between Dec. 18 and 11:59 pm EST on Jan. 5.
- Categories
- Agriculture, Energy, Environment, Health Care, Impact Assessment, Investing, Social Enterprise, Technology
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Microsoft Launches AI Initiative to Empower African Startups
More than 2,400 AI startups in Africa are transforming industries and creating new job opportunities at a rapid pace.
- Categories
- Agriculture, Finance, Health Care, Technology
- Region
- Sub-Saharan Africa
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