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IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Ghanaian E-health Startup Rivia Acquires Local SaaS Company Waffle to Expand Digital Healthcare Network
Ghana-based e-health startup Rivia collaborates with clinics to enhance service quality in the healthcare sector.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Brazil’s Pix Payments Are Killing Cash. Are Credit Cards Next?
In three years, Brazil's hugely popular Pix payment system has become the country's favorite way to pay, replacing cash and wire transfers in many cases and now threatening the dominance of credit cards in the booming e-commerce sector.
- Categories
- Finance, Technology
- Region
- Latin America
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InfraCo Africa Invests in Climate-Resilient Agriculture
SunCulture offers farmers a more sustainable route to managing climate-induced variability of rainfall and displaces the need to use expensive, polluting fuel-based pumps.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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IKEA Foundation Backs Emerging Market EV Push With $100 Million Grant
The grant, one of the IKEA Foundation's largest ever charitable donations, will support local partners working to tackle key barriers to expansion.
- Categories
- Investing, Technology, Transportation
- Region
- Global
- Tags
- climate change, e-mobility
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Uber Leads $100 Million Investment in African Mobility Fintech Moove as Valuation hits $750 Million
Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, fintech
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Analysis: Drones, Droids, and Delivery Bots: The Future of Last-Mile Logistics
Emerging technologies in automated delivery are poised to drastically reduce delivery times, cut costs, and enhance environmental sustainability.
- Categories
- Environment, Technology
- Region
- Global
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Accelerating Africa’s E-Commerce Revolution: A SaaS Solution Leverages Payment and Logistics Innovation to Unleash the Continent’s Entrepreneurial Potential
Africa’s e-commerce landscape is in the midst of an ongoing revolution, as the growth in internet access has enabled businesses across the continent to sell their products locally, regionally and globally. Moulaye Taboure at ANKA explains how his company is leveraging “Software as a Service” (SaaS) innovation to connect these businesses with consumers, while providing payments and logistics services geared toward their unique needs. He shares highlights from a recent ANKA whitepaper that outlines key trends and developments in African e-commerce.
- Categories
- Finance, Technology