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LoftyInc Capital Launches Third Fund at $10 Million for a More Diverse Portfolio of African Startups
LoftyInc Capital, a pan-African VC firm, announced that it is launching its third fund for tech startups in Africa.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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African Development Bank’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund Provides More Than $7.3 Million for Youth Jobs and Skills
Launched in November 2017, the Fund promotes the creation of sustainable jobs for young Africans by equipping youth and women-led startups, as well as micro, small and medium enterprises with the skills, financial support and enabling environments to run bankable businesses.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Tendenube Becomes the New Unicorn in Mexico After Receiving an Investment of US $500 Million
The ecommerce platform Trendenube received a new round of investment for 500 million dollars, making it the new unicorn in Mexico
- Categories
- Entrepreneurship, Investing
- Region
- Latin America
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Airasia’s Teleport Acquires Malaysia’s Delivereat for US $9.8 Million to Further Its Super-App Ambition
The synergy will support Teleport in expanding to Malaysia while spurring the growth of both Delivereat and AirAsia's logistics venture in ASEAN.
- Categories
- Entrepreneurship
- Region
- South Asia
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Brazil’s Nuvemshop Raises $500 Million at a $3.1 Billion Valuation Months After Last Raise
Nuvemshop aims to give entrepreneurs a way to build and grow online businesses.
- Categories
- Entrepreneurship
- Region
- Latin America
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Kenya: This Entrepreneur’s Business Manufactures an Alternative to Firewood
BrightGreen Renewable Energy Limited company produces fuel briquettes from upcycled farm waste, or biomass in Kenya.
- Categories
- Energy, Entrepreneurship
- Region
- Sub-Saharan Africa
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IFC and FMO Partner With I&M Bank To Support SMEs in Kenya
The financial support will give smaller businesses across a range of sectors in Kenya access to financing for working capital, expansion, and to weather the effects of COVID-19.
- Categories
- Coronavirus, Entrepreneurship
- Region
- Sub-Saharan Africa
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HEVA Fund, British Council Launch US $5.3 Million Grant Facility To Support Creative and Cultural Industries in 14 East African Nations
HEVA Fund LLP and the British Council have established a grant facility, Ignite Culture, for the support of creative and cultural industries.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
Parent Organization
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