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Building Back Boldly: How Decisive Government Action Can Support Entrepreneurship in a Post-COVID-19 Economy
COVID-19 caused a global economic contraction of 3.5% last year, inflicting particular damage on emerging economies and pushing approximately 120 million individuals back into extreme poverty. Consultants Kate Collins and Bar Pereg argue that disruption of this magnitude demands large-scale government investment – not only to address the pandemic's economic damage, but also to support the growth of innovative companies in an economy re-shaped by the crisis. They explore the impacts government interventions can have on entrepreneurship, and the importance of taking an ecosystem-wide approach.
- Categories
- Coronavirus, Investing
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Fintech Company CapitalSage Technology Raises $4 Million To Accelerate the Company’s Growth
CapitalSage Technology Limited's expansion is mostly driven by their agenda to provide sustainable and inclusive digital financial infrastructure.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Improving the Outcomes-Readiness of Implementors – A Key Step Towards Scaling Results-Based Financing
With less than a decade left to achieve the Sustainable Development Goals, the development financing gap has widened. According to Gagandeep Nanda at Dalberg and Dhun Davar and Sietse Wouters at UBS Optimus Foundation, results-based financing can provide a solution. But though organizations have high interest in participating in results-based financing, many are not ready to take on funding that is tied to outcomes instead of inputs and activities. They share five characteristics of effective outcomes-ready implementing organizations, and five ways these groups can be set up for success.
- Categories
- Impact Assessment, Investing
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ANDE Announces Winners of the Second Round of the Advancing Women’s Empowerment Fund
The fund will allow three organizations to test models to increase investment into women-led small and growing businesses in western, southern, and eastern Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Chat for Impact Summit Powered by WhatsApp Names Final 10 Social Justice Organizations to Join Impact Accelerator
A panel of five independent judges has selected the 10 organizations that will join the Chat for Impact Summit’s Accelerator, enabling each one to build and launch a WhatsApp messaging service that enhances their work to advance social justice and equality.
- Categories
- Technology
- Region
- Global
- Tags
- accelerators
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Boomitra Raises $4 Million from Yara Growth Ventures
Boomitra is working on accelerating carbon removal from the atmosphere on a global scale, through agricultural soils.
- Categories
- Agriculture, Environment
- Region
- North America
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Kenyan E-commerce Startup Sky.Garden Raises $4 Million Series A Funding Round
Sky.Garden, a software-as-a-service (SaaS) platform for mobile commerce that is built specifically for African businesses, has closed a US $4 million round of Series A funding to accelerate its growth.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nigerian Healthtech Startup, CribMD, Closes $2.6 Million Seed Round for Product Growth and Team Expansion
Founded in June 2020, Nigerian healthtech startup, CribMD has closed a $2.6 million seed round led by US-based VC, Sputnik ATX; Swedish accelerator, Norrsken; and mass media company, The Guardian Nigeria.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- accelerators, startups
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