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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.
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- 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
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- 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.
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- Uncategorized
- Region
- Asia Pacific
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- 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.
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- 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.
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- Uncategorized
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India’s Cred Raises $81 Million, Buys Back Shares Worth $1.2 Million From Employees
CRED is one of the most talked about startups in India, in part because of the scale at which its valuation has soared and the amount of capital it has been able to raise in such a short period.
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- Uncategorized
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Press Release: Visa and Visa Foundation Extend Support of Minority-Led Small Businesses
“The capital gap for entrepreneurs of color must be closed if we are to achieve inclusive economic growth for everyone, everywhere,” said Graham Macmillan, president, Visa Foundation. “Visa Foundation is privileged to partner with these organizations that are addressing this funding and opportunity gap by helping them to empower women, Black and Latinx entrepreneurs. These grants represent just the beginning of our commitment to allocate capital, both grants and investments, to gender and racially-diverse investors and entrepreneurs."
- Categories
- Uncategorized
- Tags
- impact investing
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