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AWS to Invest Over a Billion Dollars to Boost Cloud, AI in Africa
Chris Erasmus, the AWS country general manager for South Africa, shared these insights at the AWS Summit 2024 in Johannesburg, South Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Egypt-Born FlapKap Raises $34 Million Pre-Series A to Scale SME Financing Across MENA
FlapKap aims to continue to address a major challenge in the MENA region, where the SME financing gap is estimated at $180 billion, per the International Finance Corporation.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Tunisian Energy Management Startup Wattnow Raises Multi-Million Dollar Funding Round
Wattnow has successfully covered and delivered substantial value to clients across more than 11 countries, including key markets in Europe, the Middle East, and Africa, as well as North America.
- Categories
- Energy, Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Measuring Systems Change: Three Tools for Understanding Your System-Level Impact
There's a growing realization that traditional solutions to individual global challenges often fail to address the interconnected causes at the root of these issues. As a result, impact-focused organizations are increasingly viewing these problems as part of a broader system, and developing solutions that aim to make positive systemic change. But as Gaurav Gupta and Bianca Samson at Dalberg and Saloni Atal at Artha Global explain, measuring system-level impact presents some unique difficulties. They explore these challenges and share some measurement tools that can allow organizations to separate the signal from the noise.
- Categories
- Social Enterprise, Technology
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Lux Capital Made Its First Investment in Brazil, a $4 Million Seed for AI Fintech Magie
The company, which has raised $5.1 million in total, is creating an AI-powered financial assistant.
- Categories
- Technology
- Region
- Latin America
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illionMonarch Tractor Announces $133 M Series C Funding – Marking Largest-Ever Raise in Agricultural Robotics
With this latest raise, the company behind the world's first fully electric, driver-optional, smart tractor cements its position as a leader in the space.
- Categories
- Agriculture, Technology
- Region
- Global
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Nigerian AI Startup, Intron Health, Raises $1.6 Million to Boost AI Transcription for Healthcare
Intron Health is a Nigerian AI startup specialising in speech-to-text transcription tools for healthcare workers.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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African Development Bank Approves $1 Billion Loan to South Africa’s State-Owned Rail and Ports Company
South Africa has the most industrialized economy in Africa, but its deteriorating rail and ports are seen as significant barriers to foreign business investment.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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