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PayPal Commits $100 Million to Accelerate Digital Growth Across the Middle East and Africa
This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and technology deployments that will help local businesses scale, etc.
- Categories
- Technology
- Region
- Global
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Lisk’s $15 Million Fund Wants to Find WEB3 Unicorns in Emerging Markets
Their ticket sizes start at $250,000 for a first cheque. About 30% of the capital is reserved for follow-on rounds, with second cheques of up to $500,000. The maximum exposure per startup is capped at $750,000.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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IFC Commits USD $6 Million to Catalyst Fund’s USD $40 Million Africa Climate Tech Vehicle
The fund, managed by Catalyst Impact Partners Corp, will target pre-seed and seed companies in fintech for climate resilience, sustainable livelihoods, etc.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Mawingu Raises $20 Million to Expand Affordable Internet Across Rural Kenya
Mawingu’s model combines solar-powered wireless technology with a community-focused approach to bring down costs and overcome the logistical hurdles that have kept larger telecommunications companies out of these areas.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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A $3.7 Million Initiative aims to Advance Evidence-Informed Deployment of AI Solutions for Social Good in Africa
It will bring together AI solution developers, policymakers, civil society and social science researchers to fund research to generate evidence on the social benefits and harms of AI solutions in Africa and Asia.
- Categories
- Technology
- Region
- Global
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Moneyboxx Finance Signs MoU with Water.org to Strengthen WASH Financing for Underserved Communities
The partnership aims to design and scale affordable financing solutions for micro and small enterprises engaged in the Water, Sanitation, and Hygiene (WASH) sector, enabling improved access to clean water and sanitation for low-income communities across India.
- Categories
- WASH
- Region
- Asia Pacific
- Tags
- MSMEs, nonprofits, partnerships, sanitation, scale, water
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Relief for MSME Workers as New Pension Scheme Opens Door to Affordable Retirement Savings in Kenya
The deal aims to bring micro, small, and medium-sized enterprises (MSMEs) into the country’s formal pension system through the Octagon Umbrella Retirement Benefits Scheme.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- financial health, MSMEs, partnerships, savings
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Nedbank Invests $28 Million in New GX Capital’s Fund for Clean Energy and Infrastructure in Africa
The fund is purpose-built to channel capital into clean technologies and sustainable infrastructure—including energy, water, gas, and associated services—across Africa.
- Region
- Sub-Saharan Africa