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IFC Leads $5 Million Extension Round in Ivorian SAAS E-Commerce Platform ANKA
ANKA said it will use the fresh investment to strengthen product development and expand services, particularly in its key markets: Nigeria, Kenya and the U.S.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Report: 78% Of India’s Handmade MSMEs Struggle to Access Working Capital, Hindering Cultural Economy Growth
Fifty-five per cent of handmade and craft-based MSMEs do not have clarity on the various financial instruments available in the market and how to access them.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Nigeria Launches $618 Million Tech Fund for Young Investors
Nigeria launched a $618 million fund on Tuesday to support tech and creative sectors for young investors who struggle to raise capital in Africa's largest economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- creative economy, failure, startups, youth
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African Development Bank, Partners Invest $618 Million to Grow Nigeria’s Creative Enterprises
The African Development Bank and some partners have officially launched a new Investment in Digital and Creative Enterprises (iDICE) programme.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Announcing NextBillion’s Most Influential Articles of 2022
NextBillion’s “Most Influential Article of the Year” contest has concluded, and after tallying the votes, we’re excited to announce the three winners, as selected by our readers. Congratulations to the winners and their organizations! And many thanks to the other contestants, to all our guest writers from the past year – and also to the unsung heroes: the comms teams that play a key role in facilitating many of our articles.
- Categories
- Finance, Technology
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How Art Indices Are Changing the Narrative of the Indian Art Market
What makes some works of art so pricey is a question that has intrigued many of us. Art indices solve this mystery to some extent and bring transparency and consequentially global exposure to the art market.
- Categories
- Investing
- Region
- Asia Pacific
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Reviving India’s Artisans: How a Hybrid Model Helped One Social Enterprise Connect Craft Makers with Consumers
Exploitation in the global garment industry is well-known. But despite the perils of the sector, social enterprise Industree Foundation sees in it an opportunity. The organization provides skills training, safe working conditions and necessary equipment to rural women in Indian villages, bringing sustainable livelihoods to remote areas and time-honored artisan craftsmanship to the wider world. As part of NextBillion's "Course Correction" series, two Industree employees share how the organization overcame challenges of scale and sustainability with a hybrid model of social business.
- Categories
- Social Enterprise
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