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Viewpoint: From Honest to Just: How Coca-Cola’s Fumble with Honest Tea Turned into an Unexpected Gift
Despite the brand’s success as the world’s first organic and Fair Trade certified bottled tea brand, supply chain disruptions during the pandemic made Honest Tea a victim of Coke’s “Fewer, Bigger Bets” strategy.
- Categories
- Agriculture
- Region
- Global
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Press Release: TaroWorks Is Offering $20,000 Grant to a Humanitarian Aid Organization to Digitize Its Field Operations With Last-Mile Technology
TaroWorks, in collaboration with Qualcomm Wireless Reach, is excited to announce a $20,000 humanitarian technology grant — a funding opportunity for non-profit organizations dedicated to providing humanitarian aid to vulnerable populations in hard-to-reach environments.
- Categories
- Technology
- Region
- Global
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M-Pesa and Data Revenue Push Safaricom to First Profit Growth in Three Years
Revenues from M-Pesa grew 20% year-on-year, reaching $1 billion (KES140 billion) from $891.3 million.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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OpenseedVC Announces First Close of $10 Million Fund to Back Early-stage African Operators
OpenseedVC is a venture capital firm that plans to support operator-launched startups in Africa and Europe with their first investment.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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AFC to Raise Almost $1 Billion for Africa Infrastructure Plans
Africa Finance Corp. is looking to raise almost $1 billion in the first half of 2024 to support industries and resilience against climate change as it readies for the next growth phase across the continent.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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South African Fintech Company Adumo Acquired by Lesaka in $85.9 Million Deal
Adumo is South Africa’s largest independent payments processor, assisting approximately 23,000 active merchants.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Amazon Takes its E-Commerce Machine to Africa
Amazon rolled out its online shopping service in South Africa, marking the U.S. giant’s entry into Africa’s e-commerce space.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- corporations, e-commerce
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Maad Raises $3.2M Seed Amid B2B E-Commerce Sector Turbulence in Africa
Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the wider Francophone region.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
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