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54 Collective, Formerly Founders Factory Africa, Shuts Down Venture Studio Amid Mastercard Foundation Dispute
54 Collective, the venture firm formerly known as Founders Factory Africa, has shut down its venture studio operations as its partnership with the Mastercard Foundation ended in legal action.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Big Tech’s “AI for Good” Spending Increases in Africa. So Does Skepticism
While Google, Microsoft, and Meta provide AI for social good, some advocates say projects exploit the continent for data, erode local control.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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HewaTele Secures $10.5 Million From AfricInvest to Deliver High-Quality Medical Oxygen Across Kenya
This funding marks a significant step toward addressing one of East Africa’s most critical yet overlooked healthcare challenges: the availability of high-quality medical oxygen.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Building Smarter Data Practices in Entrepreneurship Support Ecosystems: How Entrepreneurs, Investors and Other Stakeholders Can Drive Systemic Change
Entrepreneurship support ecosystems include a diverse range of actors, from incubators and accelerators to policymakers, impact investors and other funders. But though strengthening these ecosystems is a growing priority in emerging markets, monitoring, evaluation and learning remains a persistent challenge, due in part to a lack of data sharing. Heather Esper at the William Davidson Institute and Keith Obade and Moses Waweru at Villgro Africa explore the reasons various stakeholders collect data, the obstacles that keep this data fragmented and underutilized, and the ways these ecosystems can improve their data practices.
- Categories
- Investing, Social Enterprise
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The African Development Bank Approves a Grant of Over $5 Million to Strengthen Public-Private Partnerships in the Gambia, Guinea-Bissau, Madagascar and Togo
The project aims to strengthen the public–private partnership (PPP) environment in four countries, with the goal of catalysing private investment.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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LSE’s 100X Impact Announces a New Cohort of Future ‘Social Unicorns’
LSE will provide over £2.4 million in unrestricted catalytic funding to the cohort, alongside access to 100x’s accelerator programme and world-class expertise to help scale their impact.
- Categories
- Health Care, Social Enterprise
- Region
- Global
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Africa’s Innovations Are Overlooked Because Global Measures Don’t Fit: What Needs to Change
By 2020 at least 25 African countries had a national policy framework for science, technology and innovation. This compares with only about 8 in 2010.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Airtel Targets Network Expansion, Mobile Money in Safaricom Battle
Kenya’s second-largest telecoms company grew faster than its larger rival in the first four months of this year, but wants to ramp that pace up.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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