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Press Release: A $7 Million Gift from MacKenzie Scott Will Help Village Enterprise End Extreme Poverty for 20 Million People in Africa
As Women’s History Month comes to a close, Village Enterprise is thrilled to announce a gift of $7 million from MacKenzie Scott.
- Categories
- Agriculture, Environment, Health Care, Technology
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Filipino Fintech Advance Secures $16 Million in a Pre-series A Funding
With the funding announcement, Advance also announced that it has expanded into Vietnam by acquiring BravoHr.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- employment, fintech, innovation
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Analysis: Closing the Access Gap for Water and Sanitation in Eastern and Southern Africa
Access to clean water and proper sanitation is a fundamental human right, yet millions of people in Eastern and Southern Africa continue to lack access to these basic services.
- Categories
- Technology, WASH
- Region
- Global
- Tags
- accelerators, hygiene, poverty alleviation, sanitation, scale, SDGs, water
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Logistics Startup Fez Delivery Secures $1 Million
This funding announcement follows Fez Delivery's acceptance as one of the only two logistics companies in Nigeria to have received investment from Techstars Toronto.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Senegal Cement Giant Secures €242 Million From IFC
The International Finance Corporation (IFC) has provided €242m in financing for Sococim Industries, Senegal's leading cement producer, to build a new production line at its Rufisque cement plant and reduce its carbon footprint.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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Payday Raises $3 Million Seed Funding to Drive Product Expansion
Payday, with over 330,000 users and 40,000 daily transactions, has raised a $3 million Seed round led by Moniepoint Inc., a later-stage financial services holding company.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Cabify Secures $110 Million In New Funding Round
The Madrid-headquartered company plans to invest the funds in expanding its presence in Latin America.
- Categories
- Technology, Transportation
- Region
- Latin America
- Tags
- transportation
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Credable Secures $2.5 Million Seed to Expand Its Digital Banking Offering Into Africa
Dubai-based fintech group, Credable has raised a $2.5 million seed round led by a pan-African VC fund, Ventures Platform Fund IV LP.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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