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Actis Invests in World’s Largest Integrated Renewables and Energy Storage Project in the Philippines*
The Terra Solar Project will provide electricity to circa 2.4 million Philippine households.
- Categories
- Energy, Technology
- Region
- South Asia
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Kredete Raises $2.25 Million to Help African Immigrants Build Credit Score and Make Low-Cost Remittances
Kredete leverages blockchain technology to enable African immigrants to build credit and send money home with low fees, offering a dual benefit that addresses significant financial integration challenges for immigrants.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenyan E-commerce Startup Chpter Raises $1.2 Million in Pre-seed Round
Chpter helps businesses convert social media from a marketing channel to a sales platform with chat.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Solving the Funding Challenges of Indian MSMEs: The Advantages of Founder-Friendly Non-Dilutive Financing
About 30% of India’s GDP is generated by micro, small and medium enterprises (MSMEs), which provide jobs for more than 110 million people and account for around 50% of the country’s exports. But as Bhavik Vasa at GetVantage points out, a drop in private equity and venture capital investments has led many of these entrepreneurs to shift towards more founder-friendly types of non-dilutive capital. He discusses the funding challenges facing Indian MSMEs, and why alternative forms of non-dilutive financing are uniquely suited to these businesses' needs.
- Categories
- Finance, Investing, Technology
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Congo Scraps $1.2 Billion Biometric ID Project Over Cost Concerns
Congo currently lacks a national ID system, which complicates basic tasks for its citizens, such as opening bank accounts, obtaining official documents, and registering to vote.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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AWS to Invest Over a Billion Dollars to Boost Cloud, AI in Africa
Chris Erasmus, the AWS country general manager for South Africa, shared these insights at the AWS Summit 2024 in Johannesburg, South Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Egypt-Born FlapKap Raises $34 Million Pre-Series A to Scale SME Financing Across MENA
FlapKap aims to continue to address a major challenge in the MENA region, where the SME financing gap is estimated at $180 billion, per the International Finance Corporation.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Tunisian Energy Management Startup Wattnow Raises Multi-Million Dollar Funding Round
Wattnow has successfully covered and delivered substantial value to clients across more than 11 countries, including key markets in Europe, the Middle East, and Africa, as well as North America.
- Categories
- Energy, Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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