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CAF to Allocate USD$5 Million to Finance Innovative Startups
The Development Bank of Latin America and the Caribbean approved an investment of USD$5 million in NXTP Ventures Fund III to foster the development of technology startups in the region.
- Categories
- Investing, Technology
- Region
- Latin America
- Tags
- impact investing, innovation, MSMEs, scale, startups
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Byju’s New India CEO Arjun Mohan to Cut More Than 4,500 Jobs
The final size of the India workforce at Byju’s may still vary as various teams will be assessing the impact of the latest changes.
- Categories
- Education, Technology
- Region
- Asia Pacific
- Tags
- edtech, employment, failure
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Understanding Digital Public Infrastructure: What it Means — and Why it Matters — to Businesses and Governments in Emerging Markets
In recent months, there has been an outpouring of media coverage and analysis on the topic of digital public infrastructure (DPI). David Porteous, Priya Vora, Ravi Shankar Chaturvedi and Peter Rabley explore the ongoing efforts to develop a shared understanding of what DPI means, and how it can impact global digital development. They urge DPI stakeholders to look beyond narrow, government-centered use cases and existing digital systems to envision next-generation applications based on public and private sector collaboration.
- Categories
- Finance, Technology
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Fintech Mundi Raises USD$15 Million Investment Round
Fintech Mundi unveiled a new Series A-2 funding round totaling USD$15 million, with Haymaker Ventures being the lead investor.
- Categories
- Investing, Technology
- Region
- Latin America
- Tags
- fintech, international trade, MSMEs
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P1 Ventures Closes $25 Million of its Second $50 Million to Back Early-stage Startups
According to Hajjar, P1 Ventures is motivated to deviate from the norm and support the underdogs because it comes from a relatively small economy.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
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South African Venture Fund Secha Capital Raises $16 Million from Blue-Chip Investors
Secha invests in companies across sectors in southern Africa that are making the tech-enabled transition into the green economy.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Analysis: South Africa’s Struggling State Logistics Company Is Strangling the Economy
The crisis around rail and ports compounds the problems created by rolling blackouts caused by inefficiencies at ailing electricity utility Eskom.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Press Release: Cassava Technologies and Atlas AI Partner to Drive Digital Transformation in Africa
Through this partnership, Cassava will be able to deliver cutting-edge AI development capabilities custom-built for its enterprise customers, catering to the unique needs of businesses on the African continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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