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African Tech Startups Raise Over $700 Million in 2020 Despite Pandemic
African tech startups raised more funding from more investors than ever before in 2020 despite the Covid-19 pandemic.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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Rwanda Moves to Stimulate Transition to Electric Vehicles on Local Market
The Rwanda Environment Management Authority (REMA) has called upon the public and private institutions as well as individuals to consider shifting to electric vehicles and join the effort to beat air pollution.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Agritech Startup Dehaat Raises $30 Million Led by Prosus Ventures
Dehaat, an agritech startup, which connects small farmers with a network of small suppliers of farm input and equipment, has raised $30 million in Series C funding, led by Prosus Ventures (formerly Naspers Ventures).
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Innovations for Transparency: Disruptive Technology Enters the Carbon Offsetting Space
Carbon offsetting allows a net-positive carbon emitter to pay a net-negative emitter to offset their emissions, by trading carbon credits representing one ton of greenhouse gas. In theory, this system can help the world account for the unavoidable gasses emitted in the transition to a low-carbon economy. But as Kavit Borkhataria at AlliedCrowds explains, in practice, it's hard to confirm if carbon reduction projects are actually delivering the emission reductions they claim. He discusses some tech-fueled innovations that can boost transparency and push the market forward.
- Categories
- Environment, Technology
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Why the Silicon Valley-Style Investment Approach Isn’t Best for African Startups
One of the long-running tensions in the African startup investment ecosystem has been whether the Silicon Valley funding model, which seems to have been transferred wholesale to Africa’s very diverse and different tech hubs, is right for the continent’s tech hubs at this stage in their development.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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MercadoLibre to Expand Electric Fleet After $1.1 Billion Bond Sale
Latin American eCommerce giant MercadoLibre has sold $1.1 billion in bonds to expand its fleet of electric-powered delivery vehicles.
- Categories
- Technology
- Region
- Latin America
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Innovation for Adaptation: How a New Fund Is Helping Service Providers Navigate the Challenges of COVID-19
The impact of COVID-19 has been amplified at the local level in Kenya and Rwanda, where non-profit service providers working with vulnerable populations are finding it more difficult to support their beneficiaries. Michael Kiema and Linda Ndungu Wambua at Instiglio explore learnings from the COVID-19 Adaptation Fund, which is providing funding to nine qualifying service providers to help them implement innovations that will support their efforts to serve beneficiaries during the pandemic.
- Categories
- Coronavirus, Entrepreneurship, Technology
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CropIn Raises US $20 Million in Series C Funding Round to Advance the Reach of Its Farm Management and Predictive Analytics Solutions in Asia
CropIn, a leading global artificial intelligence and data-led agri-tech organisation empowering stakeholders to reimagine agriculture with data, has raised US$ 20 million in a Series C funding round led by ABC World Asia, an Asia-focused private equity fund dedicated to evidence-based impact investing.
- Categories
- Technology
- Region
- Asia Pacific