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Stori Raises $32.5 Million in a Lightspeed-led Series B to Build Mexico’s Credit Card for the Masses
While credit cards are commonplace in the United States, they are far less ubiquitous in many other countries, particularly those in Latin America. In Mexico in particular, cash remains the dominant method of payment, with an estimated 86% of all payments being in the form of cash.
- Categories
- Finance, Technology
- Region
- Latin America
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Analysis: Kenyan Farmers Are Turning Crop-Eating Locusts Into Sustainable Animal Feed
The Bug Picture is an agriculture company that focuses on addressing environmental challenges in East Africa by using insects.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Women in Rural Rajasthan Plug the Last- Mile Gap Between Consumers and Sellers
Frontier Markets is technologically enabling rural women to use their social network and social capital in the village to book orders
- Categories
- Technology
- Region
- Asia Pacific
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COVID-19 Oxygen Emergency Impacting More Than Half a Million People in Low- and Middle-Income Countries Every Day, as Demand Surges
COVID-19 has put huge pressure on health systems, with hospitals in many LMICs running out of oxygen, resulting in preventable deaths and families of hospitalised patients paying a premium for scarce oxygen supplies.
- Categories
- Coronavirus, Health Care
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Codecademy Eyes the Enterprise With $40 Million in New Capital
After going over four years without raising any capital, coding class platform Codecademy has raised a new tranche of money: a $40 million Series D round led by Owl Ventures, with participation from Prosus and Union Square Ventures.
- Categories
- Education
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Giz and Orange Launch an Orange Digital Center in Ethiopia, the 3rd in the Africa and Middle East Region, to Train Young People in Digital Technology and Boost Their Employability
Occupying a space of 500m2, it is the first center in East Africa that will operate as a strategic network, allowing experiences and expertise to be shared between countries and offering a simple and inclusive approach to strengthen the employability of young people, to encourage innovative entrepreneurship and to promote the local digital ecosystem.
- Categories
- Education, Entrepreneurship
- Region
- Sub-Saharan Africa
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Viewpoint: How Blockchain-Powered Fintech Services Can Improve Financial Inclusion
Until now not many new financial services make it genuinely easy for new users to use fintech products, especially those that involve blockchain or cryptocurrency.
- Categories
- Technology
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Brazilian Fintech RecargaPay Raises $70 Million Series C Round
The Series C round, co-led by IDC Ventures and Fuel Venture Capital, included the participation of ATW, LUN Partners, and Experian.
- Categories
- Finance
- Region
- Latin America
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