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Norfund Invests $20 Million in APIs Growth Markets Fund III to Propel Fintech Expansion in Developing Economies
Norfund aims to address the financial needs of underserved populations by broadening its investment strategy to include fintech ventures.
- Categories
- Finance, Technology
- Region
- Global
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Press Release: Schneider Electric Energy Access Asia & Spark+ Africa Closes US$3.75 Million Series A Investment in ATEC for Global South Expansions
SEEAA is a €21M investment vehicle managed by Schneider Electric to invest in early-stage clean energy ventures in South and Southeast Asia.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Meta Gradually Opens the Door to Monetisation for Nigerian, Ghanaian, and Other African Creators
Content Creators in Nigeria and Ghana are now eligible to earn money on Facebook and Instagram.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- creative economy, startups, youth
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Nigerian Digital Therapy Startup Blueroomcare Secures Pre-seed Funding to Expand Access to Mental Health Care Across Africa
The Nigerian startup Blueroomcare, which offers a digital therapy service covered by insurance, has successfully secured an undisclosed amount of pre-seed investment.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Federal Government Disburses 2nd Batch of ₦5 Billion Creative Fund to Nollywood
This funding presents a great local opportunity for Nigerian creatives, especially Nollywood filmmakers to make movies with Nigerians in mind as the primary audience.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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OPay and Moniepoint Issue $17 Million Verve Cards as Nigerian Fintechs Switch From Visa and Mastercard
A change in consumer behaviour and macroeconomic conditions are leading Nigerian banks to issue local cards like Verve to customers, dumping international card schemes like Visa and Mastercard.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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Report: IMF Unveils Artificial Intelligence Preparedness Index for 174 Nations
While acknowledging AI's potential to enhance productivity, stimulate economic growth, and increase incomes, the IMF also highlighted its potential to disrupt labor markets.
- Categories
- Technology
- Region
- Global
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Report: Global Remittances Slowed in 2023, Seen Rising in 2024 — World Bank
Remittances remained a crucial source of external finance for developing countries in 2023, bolstering the current accounts of several countries grappling with food insecurity and debt issues.
- Categories
- Finance, Technology
- Region
- South Asia
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