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Kaleidofin Secures $5.3 Million From IDH Farmfit to Boost Agri-Fintech Offerings
The investment will support Kaleidofin’s efforts to scale its lending portfolio and expand its technology stack, including credit scoring tools, middleware infrastructure, and risk services.
- Categories
- Agriculture
- Region
- Asia Pacific
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As U.S. Foreign Aid Drops, United Nations Agencies That Provide Aid Worldwide Slash Jobs or Cut Costs
One WFP official called the cuts “the most massive” seen by the agency in the past 25 years, and that as a result, operations will disappear or be downsized.
- Categories
- Agriculture
- Region
- Global
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Aruwa Raises $35 Million, Hits 90% of its Fund II Target at Second Close
Aruwa Capital is doubling down on its proven investment strategy, backing high-growth, impact-driven businesses that are transforming key industries in Nigeria and Ghana.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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New African Space Agency to Coordinate Continent’s Work
With the agency, the AU intends to establish a strong base for the continent to coordinate its approach to space activities in support of sustainable development, disaster management, climate change monitoring, and socio-economic growth.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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OmniRetail Shakes up Africa’s B2B E-Commerce Market With $20 Million Series A
OmniRetail’s model digitizes order management for 145 manufacturers, more than 5,800 distributors, and services over 150,000 informal retailers across 12 cities in Nigeria, Ghana, and Ivory Coast.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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ALTÉRRA, Brookfield Invest $100 Million in Indian Renewable Energy Platform Evren
ALTÉRRA was established in December 2023, with a $30 billion commitment from the UAE, and with a goal to mobilize $250 billion by 2030, aimed at driving private capital towards climate investments.
- Categories
- Energy, Technology
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How Prioritizing Profit Can Maximize Social Impact
"If your social enterprise can’t survive without grants, don’t kid yourself, you’re running a charity."
- Categories
- Social Enterprise
- Region
- Global
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New Gates-Backed Fund Targets Maternal and Newborn Health in Africa
The fund is backed mainly by philanthropy, at a time of declining donor government foreign aid budgets.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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