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Norrsken, VCs and 30 Unicorn Founders Set Up $200 Million Fund to Back Growth-Stage Startups in Africa
Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Founders Fund Backs Vest, a Startup Out to Give Latin Americans a Bridge to Investing in the US Stock Market
Latin Americans seeking the ability to invest in companies trading on the Nasdaq and New York Stock Exchange now have a new option in Vest, a startup that has launched a mobile-first brokerage app with zero-commission trading in the Americas.
- Region
- Latin America
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TLcom Capital Raises $70 Million to Back African Tech Startups
TLcom Capital, a venture capital firm, says it has secured $70 million for its $150 million funding to invest in African tech-enabled businesses.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Aavishkaar Capital and KfW Launch $250 Million ESG Fund
The ESG First Fund will invest in mid-cap businesses in Africa and Asia, helping them meet ESG goals for access to European markets.
- Categories
- Investing
- Region
- Asia Pacific
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HDFC Capital Announces Initial Close at $1.88 Billion for Its Affordable Housing Fund
HDFC Capital, a wholly-owned subsidiary of HDFC Ltd and acting as an investment manager, has successfully achieved the initial close of its third fund focused on affordable housing.
- Categories
- Investing
- Region
- Asia Pacific
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Announcing Our New Series: NextBillion’s Most Influential Articles
NextBillion runs our "Most Influential Articles" contest at the end of each year, in which we select 12 of our most-read articles from the previous year and invite readers to vote for their favorites. Since 2021 marked the 10th year of the contest, we're commemorating a full decade of thought-provoking analysis and opinion from entrepreneurs, investors, researchers and others in the emerging markets business and social enterprise sectors with a new series highlighting all of NextBillion’s Most Influential Articles from 2012 to today.
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Investment Platform, Threedots, Raises USD $4 Million Led by Kalaari Capital
With the composition of millennials and GenZ increasing in the active investors' community, tech platforms in the vertical are attracting capital investments from varied group of investors.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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IFC and We-Fi Help Tackle Gender Financing Gap Through IFC ScaleX
To help tackle the financing gap that women entrepreneurs still face, particularly in emerging markets, IFC and the Women Entrepreneurs Finance Initiative (We-Fi) launched today a new call for applications for IFC ScaleX.
- Categories
- Entrepreneurship, Finance, Investing
- Region
- Global
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