Results
News
Five months after closing $2 million in seed investment, Mono, a robust open banking platform for Africa has raised a $15 million Series A round to power the digital economy in Africa.
African Fintech Startup, Mono Raises $15 Million Series ANews
The pledges include projects to expand access to electricity in developing countries and improve energy efficiency.
World Leaders Pledge $400 Billion to Boost Clean Energy and RenewablesNews
Cathay Africinvest Innovation leads round as company expands precision medicine capabilities across the African continent.
Press Release: 54gene Closes $25 Million Series B to Advance Global Drug Discovery CapabilitiesBlog Post
In July 2020, the global COVID-19 pandemic was spreading aggressively across Africa. That's the same month Hatch Technologies, a nonprofit supporting newborn medical device distribution and services in sub-Saharan Africa, launched its operations. Dick Oranja, Hatch's executive director, discusses the challenges of starting a new venture during one of the most financially and logistically demanding times the world has experienced – and explores why the pandemic proved to be a surprisingly opportune time to launch.
Finding Opportunity in a Crisis: How Hatch Technologies Started a New Medical Device Venture During a Global PandemicNews
Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced it has raised a massive Series E round that more than doubles the company’s valuation.
Mexico’s Kavak Drives Away With $700 Million in New Funding, Doubling Its Valuation to $8.7 BillionBlog Post
Deforestation is rampant in sub-Saharan Africa – the only region where the pace of forest loss has increased in each of the last three decades. According to Ian Otula and Aaron Pattillo of Vuma Biofuels and Wassa N’Gandjo Cisse of the BESTSELLER Foundation, the root cause of this crisis is the fact that woodfuels provide over 80% of the region's energy, and there's an alarming imbalance between supply and demand. They explore how woodfuel substitutes can offer a solution to this issue – and how Vuma Biofuels is leveraging these sustainable fuel sources to address a key driver of deforestation in Kenya: the tea industry.
Curbing Deforestation in Sub-Saharan Africa: Why Woodfuel Alternatives Are a Key Sustainable SolutionCalendar Event
Business Fights Poverty: Global Goals WeekCalendar Event
Nutrition for Mothers & Children: Accelerating Progress Amid a Pandemic
