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Press Release: Ilara Health Raises $3.75 Million Series A Led by TLcom to Provide Life-Saving Diagnostics Across Sub-Saharan Africa
Ilara Health, an innovative healthtech start-up increasing essential and affordable access to life-saving diagnostics in Africa, has raised $3.75 million in Series A funding led by TLcom Capital with participation from DOB Equity, Global Ventures and Chandaria Capital.
- Categories
- Health Care, Social Enterprise
- Region
- Sub-Saharan Africa
- Tags
- scale, social enterprise, startups
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Analysis: How COVID-19 Is Shifting Focus to Social Enterprise in Africa
African social entrepreneurs are refocusing strategies and services to reach vulnerable populations most affected by the crisis.
- Categories
- Coronavirus, Social Enterprise
- Region
- Sub-Saharan Africa
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SunCulture Wants to Turn Africa Into the World’s Next Bread Basket, One Solar Water Pump at a Time
The world’s food supply must double by the year 2050 to meet the demands of a growing population, according to a report from the United Nations. And as pressure mounts to find new crop land to support the growth, the world’s eyes are increasingly turning to the African continent as the next potential global bread basket.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
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Rwandan Female Entrepreneur on Course to Raise $490,000 in Funding
With 70,000 serviced daily via its safe water mini-grids, WARwanda is setting high ambitions to service over 30 million people in the next 10 years and create over 13,000 jobs, greatly multiplying its current reach.
- Categories
- Environment, Social Enterprise
- Region
- Sub-Saharan Africa
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Viewpoint: Beyond Grants and Impact Investments, There’s a Growing Interest in Africa
As at 2014, the UNDP estimated that at least $8 billion had come into Africa via impact investment. Yet, there’s still a huge gap of $100 billion annually needed to support Africa’s much needed growth.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Press Release: U.S. Government’s Power Madagascar to Bring Electricity to 5,200 Rural Homes and Businesses
The United States Government, through the United States Agency for International Development (USAID) and the Power Africa initiative, has awarded three companies in Madagascar a combined $1.2 million in grant funding to develop mini-grids that will bring electricity to more than 5,200 rural homes and businesses. These grants are part of the U.S. Government’s $3 million effort to increase energy production and electricity access in Madagascar.
- Categories
- Energy, Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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How GoDaddy is Boosting Digital Skills Development in India
The brand is helping small businesses from tier-2 & 3 cities to grow online.
- Categories
- Social Enterprise, Technology
- Region
- Asia Pacific
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Social Enterprise Ghana begins advocacy for impact investing policy
Social Enterprise Ghana with funding from BUSAC, DANIDA and USAID has begun advocacy to ensure policymakers and government pass and adopt the social enterprise and impact investing policy. According to Edwin Zu-Cudjoe, the Executive Director of Social Enterprise Ghana, the policy will enable the over 28,000 social enterprises operating in the country to be recognised as such and be able to register as social enterprises with the Registrar General's Department.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa