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Apna Raises $70 Million in Series B Funding From Insight Partners and Tiger Global at $570 Million Valuation
Apna will use the proceeds to strengthen its presence in existing cities and expand pan-India over the next 6 months to help restart India’s economy as it recovers from the COVID-19 pandemic.
- Categories
- Coronavirus, Investing, Technology
- Region
- Asia Pacific
- Tags
- edtech
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Press Release: Lack of Digital Infrastructure Risks Leaving Millions of Rural Families in Poverty – IFAD Makes Urgent Call on International Day of Family Remittances
Despite a massive increase in migrants sending money home via digital transfers due to the COVID-19 pandemic, millions of their rural family members struggle to access mobile banking services which could help lift them out of poverty.
- Categories
- Agriculture, Finance
- Region
- Global
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South African Partnership Gets $3 Million and Launches Telehealth Product
A new platform is launching out of South Africa and it wants to provide accessible quality care for Africans with its telehealth service.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Analysis: COVID-19 Has Devastated India’s Self-Employed Women. Here’s How To Support Them.
Women employed in India's huge informal economy have been hit disproportionately hard as millions of livelihoods have become even more precarious or evaporated completely during the pandemic.
- Categories
- Coronavirus
- Region
- Asia Pacific
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Carro Becomes Unicorn Following $360 Million Series C Raise, Plans to Go Public in 18-24 Months
Carro, a subscription-based service that allows customers to drive a car without the hassle of owning it, has plans to enhance its portfolio of financial services by expanding beyond in-house loan financing, as well as accelerate the development of its AI capabilities.
- Categories
- Finance
- Region
- South Asia
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Press Release: Tony Elumelu Foundation Trains over 200,000 African Entrepreneurs across 54 African Countries
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has successfully trained over 200,000 entrepreneurs in core business management skills as part of its 2021 TEF Entrepreneurship Programme.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- philanthropy
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IFC, German Ministry for Development, Partner to Strengthen Supply Chains for Smallholder Farmers in Africa
IFC and BMZ, the German Ministry for Economic Cooperation and Development, launched a new program today that will leverage greater private sector investments to support the food production value chain across Africa and increase access to finance for rural farmers and businesses.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Press Release: G7 Development Finance Institutions and Multilateral Partners to Invest over $80 Billion into African Businesses over the Next Five Years
The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD, and the EIB today announced that they were committed to investing $80 billion in the private sector over the next five years to support sustainable economic recovery and growth in Africa.
- Categories
- Coronavirus, Finance, Investing
- Region
- Sub-Saharan Africa
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