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Kenyan Startup Finplus Passes $500 Million Transaction Value Mark
Kenyan fintech startup Finplus Group has announced its software has now processed over US$503 million in combined transaction value in less than four years of operations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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SEED Awards 2021
Applications are now open until March 22 for SEED Awards 2021, for innovative small and growing businesses delivering environmental, social and economic impacts.
- Categories
- Investing, Social Enterprise
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Press Release: DFC and Shell Foundation Launch New Collaboration to Accelerate Access to Renewable Energy and Gender Inclusion in Low-Income Communities in Africa and Asia
The U.S. International Development Finance Corporation (DFC) and Shell Foundation (the UK-registered charity) today announced a new collaboration to bring affordable renewable energy to more than 5 million people in low-income areas of Africa and Asia by 2025.
- Categories
- Energy, Social Enterprise
- Tags
- renewable energy, scale
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Press Release: BharatPe Raises USD $108 Million in Series D Funding at USD $900 Million Valuation
BharatPe, India’s leading financial services company for merchants, today announced that it has raised US$ 108 mn in Series D equity round, at a valuation of US$ 900 mn.
- Categories
- Finance
- Region
- Asia Pacific
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Press Release: Convergence Awards Design Grant for a Remittance-Based Financing Vehicle to Improve Household Infrastructure and Resiliency for Pacific Island Communities
"As the world faces a severe climate crisis, we need to accelerate solutions that will equip countries most exposed to its shocks with the right tools and infrastructure."
- Region
- Asia Pacific
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Analysis: Funds Are Emerging to Back African Female Tech Founders
Globally, less than 5% of venture capital went to female-led startups in 2019.
- Categories
- Technology
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Financing a ‘Green’ Economic Reboot, Recovery From Pandemic
Washington-based International Finance Corp. (IFC) of the World Bank Group has introduced financing support for Philippine banks that will lend to climate adaptation and mitigation projects amid a push for “green” recovery from the COVID-19 pandemic to generate trillions of dollars in fresh investments.
- Categories
- Coronavirus, Environment
- Region
- South Asia
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Kenyan Energy Startup, SunCulture Obtains $11 Million for Its Solar-Powered Irrigation Expansion Across Africa
SunCulture, a solar irrigation startup headquartered in Nairobi, Kenya, has received an $11 million line of credit to expand its operations across sub-Saharan Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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