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Norway Invests $307 Million in Electric Mobility Start-ups in Kenya
With the proliferation of mobility start-ups, the preparation of tax incentives and the construction of new electric vehicle assembly plants, Kenya’s green mobility policy is on the up.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, startups
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Telecom Industry Coalition to Boost Access to Smartphones in Poor Countries
The coalition will assess ways to lower the cost of entry into the digital economy for low-income populations, particularly in Sub-Saharan Africa and South Asia.
- Categories
- Technology, Telecommunications
- Region
- Global
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NALA Raises $40 Million to Build Cross-Border Payments for Emerging Markets
The new funding will accelerate NALA's global ambitions on its consumer business expanding beyond Africa, and building services for the global migrant diaspora.
- Region
- Sub-Saharan Africa
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Press Release: Ten African Startups Selected to Receive Funding to Develop Blue and Green Economy Solutions
Recognizing the wealth of ideas and the potential of Africa’s young innovators, BFA Global, FSD Africa, and the IUCN launched the Africa Blue Wave and Regen Wave initiatives to unlock solutions for Africa’s blue and green economies.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Luxembourg InsurTech Startup Ibisa Secures $3 Million for Climate Insurance Expansion in Africa
The funding round was led by Acumen Resilient Agriculture Fund (Araf) and Equator, with participation from Asian Development Bank Ventures (ADBV) and existing investors like Ankur Capital.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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African Development Bank Grants $17 Million to Promote Gender-Sensitive Agricultural Value Chains in Mauritania
The program aims to increase productivity and add value to agricultural products to boost women's income and support female entrepreneurship in Mauritania.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Tiger Global-Backed Minka Is the Latest Latin American Fintech to Set up Shop in Africa
Minka’s arrival in East Africa follows a trend of Latin American fintech companies expanding into Africa.
- Categories
- Finance, Technology
- Region
- Global
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Deals With Microsoft, Shopify and Stripe Fail to Keep Carbon Removal Startup Alive
In June, Running Tide announced plans to dissolve despite high-profile early customers.
- Region
- Europe & Eurasia
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