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12 Biggest African Tech Funding Deals In 2019
In 2019, Nigerian and Kenyan fintech and logistics firms secured major funding deals while an Egyptian startup attracted $42 million — the largest round of funding for a tech startup in Egypt to date.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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Fusion Microfinance Gets $5.5B USD From Warburg Pincus, Others
The fresh round of capital injection will be used to expand its distribution network across the country, integrate technology solutions across key business lines and strengthen the platform to address untapped growth opportunities within the sector.
- Categories
- Finance
- Region
- South Asia
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How Impact Investing Could Help Countries Recover From Natural Disasters
Natural disasters destroy numerous properties each year. To protect communities from the consequences, many impact investors put their money into the restoration of local buildings. Impact investors play a significant role in facilitating recovery efforts. By putting money into the area, they provide residents with resources for repairing their communities.
- Categories
- Environment, Investing
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Pro Mujer Names Marisol Fernandez Global Financial Services Director
Pro Mujer, a leading social enterprise and pioneer in women’s empowerment in Latin America, announced today the appointment of Marisol Fernandez as Global Financial Services Director. Fernandez assumes this role after having served at Pro Mujer as Global Director of Corporate Business Development, where she oversaw the acquisition of a major financial services company in Argentina and two joint ventures in health and gender smart investing.
- Categories
- Finance
- Region
- Latin America
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Building an inclusive city in Myanmar, one trash alley at a time
From Kenya to Colombia, Spain to Singapore, urban planners, businesses and citizens are creating green, open spaces in fast-growing cities to foster community spirit and tackle rising pollution and cramped living spaces.
- Categories
- Environment, Technology
- Region
- South Asia
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Big Investment in African Tech Set to Continue in 2020
2019 was the year that dealmaking on the continent got serious. Very serious. In November alone, indeed one specific seven-day period in the month, investors announced over $400m for various fintechs on the continent. This was the wildest week the sector had ever witnessed. And no, it wasn’t a flurry of announcements for modest rounds, but in fact a succession of big-ticket deals for fintech companies, both old and new.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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$2.5 Million Initiative to Support Clean Energy-Based Livelihood Solutions in Tamil Nadu
The Council on Energy, Environment and Water and Villgro Innovation Foundation will support at least five enterprises to undertake large-scale commercial deployments.
- Categories
- Energy
- Region
- South Asia
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Facebook’s Foray Into Financial Services Is Struggling to Gain Momentum – Here’s Why
Facebook CEO Mark Zuckerberg has announced the company will launch a digital currency later this year, but already the plan is fraught with issues.
- Categories
- Finance
- Tags
- cryptocurrency
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