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Mexico-Based Unicorn Stori Raises $212 Million to Promote Financial Inclusion
Stori launched its first credit card in 2020, aimed at consumers overlooked by traditional lenders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Open Access Energy Secures $750,000, Launching $1.5 Million Seed Round in South Africa
OAE’s technology offers a solution by connecting electricity generated from distributed renewable sources with unmet demand.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Egypt’s Cartona Raises $8.1 Million Even as Investors Pull back From B2B E-commerce in Africa
A common criticism had been that asset-light models would find it difficult to retain customers and compete against asset-heavy B2B e-commerce platforms.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Economic Crisis Is Fueling a Stunt Philanthropy Boom
Several Nigerian content creators are mimicking American superstar YouTuber MrBeast by publishing charitable deeds as content online.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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World Bank Commits $100 Million to Zambia’s Digital Transformation Initiative
A Project Implementation Unit will be set up within the Smart Zambia Institute to manage the project.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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RecoMed and Kaelo Health Team Up to Simplify Virtual Healthcare Delivery in South Africa
RecoMed operates as a comprehensive online healthcare marketplace and booking system, connecting healthcare practitioners, patients, and other stakeholders.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Jack Ma Scores Win After Fintech Mynt Hits $5 Billion Valuation
It’s a welcome boost for Ma, who had built internet company Alibaba into China’s most valuable corporation.
- Categories
- Finance, Technology
- Region
- South Asia
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Oorja Closes US $1.5 Million Pre-Series A To Scale Its Farming-as-a-Service Model
Oorja owns, operates and maintains decentralised solar infrastructure at the farm level and sells affordable irrigation and milling services to groups of smallholder farmers.
- Categories
- Agriculture, Energy, Technology
- Region
- Asia Pacific