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Volta Energy Technologies Raises Over $90 Million of a Targeted $150 Million Fund to Back Energy Storage Startups
As the transition away from internal combustion engines and hydrocarbon fuels begins in earnest, companies are scrambling to drive down costs and improve performance of battery technologies that will be necessary to power millions of electric cars and store massive amounts of renewable energy that still needs to be developed.
- Categories
- Energy, Technology
- Tags
- startups
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With Over 1.3 Million Users, Nigerian-Based Fintech FairMoney Wants to Replicate Growth in India
There are more than 1.7 billion underbanked people globally, the majority of which are from emerging markets. For them, accessing loans can be difficult, which is a problem fintechs try to solve. One way they do this is by promoting financial inclusion by underwriting credit via a proprietary algorithm.
- Categories
- Finance, Technology
- Tags
- fintech
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Analysis: Could AI Ease Food Security Fears?
Dr Liangxiu Han discusses how we might harness big data and machine learning/AI to boost global food security in these uncertain times of climate change.
- Categories
- Agriculture, Technology
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MTN Teams up With Mastercard on Mobile Wallets in Africa
Africa’s leading mobile operator MTN has partnered with payment platform Mastercard to add online payment functions to its mobile wallet for user across its fintech footprint.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Developing a ‘Purpose Mindset’: How Microsoft’s Employee Giving Efforts Are Impacting the Company – and the World
Microsoft is mainly known for its tech innovations, but it has brought a similarly inventive approach to employee giving. Akhtar Badshah at Catalytic Innovators Group, who led Microsoft’s philanthropic efforts for 10 years, explores this model in his new book, "Purpose Mindset: How Microsoft Inspires Employees & Alumni to Change the World." He discusses the company's efforts to effect large-scale social change through small-scale staff donations and volunteerism, and shares lessons for other organizations that want to foster a culture of purpose and empathy.
- Categories
- Coronavirus, Technology
- Tags
- COVID-19, nonprofits, philanthropy
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World Bank Calls for Unbiased Infrastructure Policy in Ethiopia
“To benefit fully from competition does not mean offering preferential treatment to Ethio Telecom but rather creating a level playing field on which it can compete fairly with its new rivals,” argued Dione.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Digital Lending Platform KreditBee Secures $75 Million in Series C
Bangalore-based digital lending startup KreditBee has raised US$75m in a Series C funding round, with participation from Premji Invest and others
- Categories
- Technology
- Region
- Asia Pacific
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Kenyan Startup Finplus Passes $500 Million Transaction Value Mark
Kenyan fintech startup Finplus Group has announced its software has now processed over US$503 million in combined transaction value in less than four years of operations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
