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Press Release: Global Blended Finance Volumes Reach 5-Year High
The global network for blended finance, Convergence, has released the 8th edition of the State of Blended Finance report.
- Categories
- Investing
- Region
- Global
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Kubik Reportedly Becomes First Ethiopian Company To Earn A Multi-Million-Dollar Investment In Climate And Sustainability Solutions
Ethiopian sustainable tech startup Kubik has scored a first for the country: According to a press release sent to AFROTECH, it has raised $5.2 million in a seed round.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Renda, Which Provides Order Fulfillment for Businesses in Africa, Takes in $1.9 Million
Renda, which simplifies order fulfillment and retail distribution for businesses in Africa, has secured a $1.9 million pre-seed round.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- distribution, MSMEs, startups
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ThriveAgric and Acorn Rabo Bank Join Forces to Generate $56 Million in Carbon Revenue for 30,000 Nigerian Farmers
Africa holds immense potential for carbon credits, yet it currently captures only 2% of its capacity.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Nigeria’s Chowdeck Raises $2.5 Million Seed Funding to Optimise On-Demand Food Delivery
Chowdeck is a Nigerian on-demand food delivery startup.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups
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Analysis: Anti-ESG Fever Shows Signs of Bending, Not Breaking (Yet)
Despite the legislative activity against ESG investing, the overall momentum is building in support of business and investment strategies that emphasize long-term thinking and sustainability over short-term profits.
- Categories
- Investing
- Region
- Global
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Microsoft Announces US $2.2 Billion Investment to Fuel Malaysia’s Cloud and AI Transformation
Today, Microsoft announced it will invest US$2.2 billion over the next four years to support Malaysia’s digital transformation – the single largest investment in its 32-year history in the country.
- Categories
- Investing, Technology
- Region
- South Asia
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Taking Stock of India’s Fintech Landscape: A Venture Capital Firm Shares Six Insights from One of the World’s Most Vibrant Investment Markets
The global team at Quona Capital — a venture capital firm focused on inclusive fintech — recently concluded a visit to India, during which they immersed themselves in the local fintech ecosystem. Michel Zaidler at Quona shares six insights they gathered from several of their Indian portfolio companies, and from these companies' customers and other fintech thought leaders. He highlights some of the groundbreaking business models these fintechs are using, and explains why the Indian market offers unique opportunities to investors.
- Categories
- Agriculture, Finance, Investing, Technology