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Fashion for Good Consortium Pilots Resource Efficient Cotton Farming
Fashion for Good launches a new, two-year pilot project in collaboration with leading brands Kering and PVH Corp., and leading global textile manufacturer Arvind Limited to pilot a radically resource-efficient cotton farming technology provided by Fashion for Good innovator, Materra (formerly hydroCotton).
- Categories
- Agriculture, Technology
- Tags
- agtech
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Press Release: Nuvemshop Raises $90 Million as It Catalyzes E-Commerce and Entrepreneurship Across Latin America
With tremendous momentum over the past year, Nuvemshop tripled its customer base and has been a key enabler of commerce in the region. Latin America is not only a huge market (with over 650 million consumers), it is now the fastest growing e-commerce market in the world, reaching $85 billion in total sales.
- Categories
- Technology
- Region
- Latin America
- Tags
- e-commerce
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$1.2 Million Innovation Fund Launched to Unearth Emerging Technologies in Africa
The African Enterprise Challenge Fund (AECF) (www.AECFafrica.org) has today launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation, renewable energy, scale, solar
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Outdated but Not Obsolete: Why USSD Is Still Key to Driving Digital Inclusion in Sub-Saharan Africa
As of late 2019, mobile internet adoption stood at just 26% across sub-Saharan Africa, and internet access remains expensive and unreliable even for people who can afford a smartphone. In light of that reality, Wole Olayinka of insiderPR argues that digital inclusion efforts should embrace USSD, a communications protocol that connects feature phone users to basic digital services even without internet access. He explores the advantages and downsides of this outdated – but surprisingly flexible – technology.
- Categories
- Coronavirus, Technology
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O-City Partners with the Philippines’ Land Bank to Pilot Digital Payments in Public Utility Vehicles
BPC Technology’s payment division, O-City, is partnering with the Philippines’ Land Bank of the Philippines to pilot the country’s digital payments in Public Utility Vehicles such as buses and jeepneys.
- Categories
- Technology
- Region
- South Asia
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South Africa Fintech Startup Nomanini Raises $1.5m Funding Round
South African fintech startup Nomanini has raised a new round of funding worth US$1.5 million from new and existing investors to grow its team, invest in product development and scale its offering.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Farmer Connect Announced a $9 Million Series A Funding led by ITOCHU
Agritech company Farmer Connect, best known for its coffee blockchain traceability solution, has announced a $9m Series A funding led by ITOCHU, to help create sustainable food supply chains.
- Categories
- Agriculture, Technology
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Indifi Secures $5 Million Debt Funding From IndusInd Bank
Gurugram-based online lending platform Indifi Technologies—enabling credit for small businesses—on Monday announced $5 million debt financing from IndusInd Bank Ltd, with a guaranty from US International Development Finance Corporation (DFC).
- Categories
- Coronavirus, Investing, Technology
- Region
- Asia Pacific
- Tags
- impact investing, MSMEs
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