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Investment for Women-Led Businesses is Missing Ingredient in African Entrepreneurship
Women make up 58% of African’s self-employed population, yet there are still significant imbalances between opportunities to scale, access to funding and training between men and women-led businesses on the continent.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Christensen Institute, MIT Legatum Center Launch Bootcamp for African Innovators
The Clayton Christensen Institute, a nonprofit and nonpartisan think tank based in Boston and Silicon Valley in the United States, has announced a collaboration with the MIT Legatum Center for Development and Entrepreneurship aimed at empowering early-stage entrepreneurs in seven African countries to create new economic growth engines. The new collaboration, called Market-creating Innovation (MCI) Bootcamp, aims to bridge the gap between emerging market entrepreneurs and market-creating innovation opportunities.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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These Investors Want to Back ‘Ridiculously Early’ Female-Led African Startups
In 2019, female-led companies received less than 5 percent of the global venture capital. Bringing it to Africa, only 10 percent of the West African startups that cumulatively raised $1 million had at least one female co-founder in the past decade.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- startups
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New Mobile App to Reduce Food Waste Among Winners of $10 Million Inclusive Growth and Recovery Challenge
Today, data.org announced the eight global winners of the $10 million Inclusive Growth and Recovery Challenge, which aims to address major societal challenges through computer and data science. Among the winners is a project by BASE (Basel Agency for Sustainable Energy) and Empa that aims to give smallholder farmers in India access to sustainable cooling facilities through a mobile app to reduce food waste.
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- Uncategorized
- Region
- South Asia
- Tags
- smallholder farmers, waste
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Gpay Raises Series a From KB Financial to Expand Its E-Wallet Platform in Vietnam
The fresh funds will be used to expand Gpay's team and customer base and also upgrade its tech solutions
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- Uncategorized
- Region
- South Asia
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Y Combinator-Backed Drip Capital Crosses $1 Billion Milestone in Trade Financing for Small Businesses
Credit and Finance for MSMEs: Drip has recorded a 50 per cent quarter-on-quarter growth in the last three quarters, according to Co-founder and CEO Pushkar Mukewar.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- business development, data, MSMEs, startups
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MOMO Secures Series D to Become Vietnam’s Next Super-App; Plans to Launch New Startup Fund
Vietnam-based payments app Momo has raised an undisclosed amount in Series D financing, says a DealStreetAsia report.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments, startups
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Biden to Nominate Samantha Power to Lead Foreign Aid Agency
Power, who was U.N. ambassador in the Obama administration, will run an agency that has been slashed and weakened by Trump.
- Categories
- Uncategorized
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