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Kenya’s Sokowatch Raises Further $2.5m Funding, Expands to Rwanda, Uganda
Kenyan startup Sokowatch, a B2B e-commerce platform supplying informal African retail stores, has expanded into Rwanda and Uganda after securing a further tranche of seed funding worth US$2.5 million in February.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Flipkart Launches ‘Samarth’ to Empower Indian Artisans, Weavers, Craftsmen
This move will open up national market access for these underserved communities.
- Categories
- Technology
- Region
- South Asia
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Waterfield Advisors to Launch $15M Development Impact Bond for India’s Farm Sector
In a first in the country, Mumbai-based wealth advisory firm Waterfield Advisors will soon launch a $15-million Development Impact Bond (DIB) for the farm sector.
- Categories
- Agriculture, Investing
- Region
- South Asia
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Ripple Takes Fright at Congressional Pushback on Digital Currencies
In the face of a Congressional onslaught against Facebook and its putative digital currency Libra, Ripple chiefs Brad Garlinghouse and Chris Larsen have penned an open letter to lawmakers urging them not to paint all fiat alternatives with the same brush.
- Categories
- Finance, Technology
- Region
- North America
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How Pacific Life Lost Its Bet on Socially Minded Millennials
In surveys, people in their 20s and 30s say they’re eager to invest in line with their values, but the short life of Swell suggests that the financial services industry has been wrong about how ready they are to do so -- and how prudent it is to help them try.
- Categories
- Investing
- Tags
- ESG, impact investing, youth
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White House Names Intended Nominee for Top Job at New US DFI
Boehler, who is a relative unknown to the development community, has been serving as the director of the Center for Medicare and Medicaid Innovation and is a senior adviser to the secretary of the Department of Health and Human Services.
- Categories
- Finance
- Region
- North America
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Myanmar Telco Frontiir Bags $30M From UK Development Finance Group
CDC's investment will help Frontiir connect over 2 million people on the internet in Myanmar.
- Categories
- Technology
- Region
- Asia Pacific
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GSMA signs $46.5M funding partnership with DFID
The partnership will unearth critical insights on the needs of the underserved and identify and invest in mobile-enabled innovations and business models which can drive inclusion at scale.
- Categories
- Finance, Technology
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