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Impact investor Capria announces first close of $100m fund at $40m
Founded in 2015, Capria Ventures operates as a global impact investment firm. It manages venture capital funds and provides seed and early stage capital to start-up fund managers, investing in healthcare, education, financial technology, mobile and consumer, retail and e-commerce, and agriculture sectors.
- Categories
- Investing
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Press release: Parsyl and Gavi announce supply chain strengthening partnership
This partnership is made possible by a combination of support from the Government of Canada, Unorthodox Philanthropy and the Gogel Family Foundation. To lead the new initiative, Parsyl appointed Souleymane Sawadogo, an expert in vaccine quality assurance and a former leader of the Centers for Disease Control and Prevention’s Africa operations where he established laboratory systems across the continent.
- Categories
- Health Care
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Nigeria’s Hello Tractor in AI, blockchain partnership with IBM Research
Nigerian agri-tech startup Hello Tractor has partnered IBM Research to pilot an agriculture digital wallet and decision-making tool that provides demand and supply visibility for farmers, tractor fleet providers and banks.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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As regulators turn sights on fintech, a Nigerian startup is first to secure credit rating
Indeed, payment startups facilitating online transactions in key African economies are increasingly getting validation with global payment giants including Mastercard, Stripe and Visa paying closer attention and investing in Nigerian fintech companies.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance, startups
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Kenyan Government Plans Interoperable Mobile Money Wallet Amid M-Pesa Crisis
“It is becoming clearer that interoperability of mobile money will have to be seamless,” said CA Director-General Francis Wangusi in an interview with The Standard.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press release: Mindtree.org Launches Social Inclusion Platform to Democratize Technology for Micro-Entrepreneurs
The purpose of the Mindtree.org digital platforms is to make digital technology and professional services accessible to millions of local entrepreneurs working in the informal economy. These initiatives help to set up profitable micro-businesses, connected communities and networked marketplaces, improving their income and standard of living.
- Categories
- Technology
- Region
- South Asia
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Viewpoint: Impact investing needs business schools to get on board
Top schools, most visibly in the West, are now introducing courses on impact investing and social entrepreneurship, teaching students how to use capital not just for financial gain, but social benefit as well... Because of the scale of the challenges facing economies in Africa, business schools on the continent have a unique opportunity – some would argue an imperative – to lead the way in developing such material.
- Tags
- ESG, impact investing
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Brazilian Fintech Nubank Launches Debit Card To Reach 120M Clients
Brazilian fintech Nubank has launched a debit function for its card offering as well as the ability to withdraw cash from ATMs, in a move that aims to extend its reach to as many as 120 million customers.
- Categories
- Finance
- Region
- Latin America
- Tags
- fintech
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