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Acumen Invests in Ghanaian Agritech Startup Wami Agro
Wami Agro, a new Acumen investee under the Trellis initiative, is pioneering innovative agricultural solutions in Ghana to improve the livelihoods of smallholder farmers, reduce poverty, and strengthen food security.
- Categories
- Agriculture, Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Chinese Temu Sellers Use Fake U.S. Postage Labels to Boost Their Profits
Some vendors have figured out how to maintain ultralow prices: Trick the U.S. postal service into delivering products for free.
- Categories
- Technology
- Region
- Global
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East Ventures and SV Investment Announce $100 Million Fund to Drive Tech Startups Across SE Asia and Korea
The fund, launched in October 2023, is designed to invest in revenue-generating tech startups across key sectors, such as biotech, healthcare, future mobility, green technology, and media & content.
- Categories
- Technology
- Region
- South Asia
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Nigeria-Born Banking Startups Target Emerging Market Gig Workers
The startups are not banks in themselves, but partnerships with lenders licensed by central banks make them de facto digital banks.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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£3.5 Million CEPREC Centre Launched to Tackle Africa’s Energy Challenges
The initiative is a collaboration among over 30 stakeholders from government, industry, and academia across the United Kingdom and sub-Saharan Africa.
- Categories
- Energy, Technology, WASH
- Region
- Sub-Saharan Africa
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Meta Lays Off 3,600 Staff, Impacting Nigeria, Africa
While the company frames these terminations as part of routine restructuring, affected employees in Nigeria, Africa, and beyond now face an uncertain job market amid the tech industry’s ongoing transformation.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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M-PESA Safaricom, Dashen Bank & CashGo Partner to Enhance Remittances in Ethiopia
M-PESA, Dashen Bank, and CashGo launch a seamless international remittance service, enabling Ethiopians to receive money instantly into mobile wallets.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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IBM Exits Nigeria and Key African Markets, Transfers Operations to MIBB
Although IBM’s departure from West Africa marks the end of its direct operations in the region, the long-term impact on local businesses and government partnerships remains uncertain.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- innovation, partnerships
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