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Pan-African Fintech App, Bamba Lands $3.2 Million Seed Funding
Through an android application, Bamba allows micro-merchants across Africa to run their entire business utilising their phones. Funds will be used to scale the platform.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Development Finance Institutions Are Looking to Africa’s Digital Frontier for Impact and Returns
Development finance institutions have long funded traditional finance and infrastructure projects in Africa; now they’re increasingly backing Africa’s digital future. What will this mean for the continent?
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital, digitalization, finance, startups, technology
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IFC Invests $10 Million in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs
IFC, a member of the World Bank Group, has invested US$10 million in Knife Fund III, a new fund managed by Cape Town-based venture capital firm Knife Capital.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Automation and Employment in Latin America
This column reports evidence on the relationship between automation and employment in Latin America, analyzing data on five million workers in the six largest economies of the region over two decades.
- Categories
- Education, Technology
- Region
- Latin America
- Tags
- automation, digital, economic, education, employment, technology
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Okra Solar and Sao Group Partner to Power Over 10,000 Households, Primary Healthcare Centers and Digital Literacy Centres Across Nigeria
Okra Solar, an Australian technology company using advanced digital monitoring, billing and mesh-grids to make electrification more affordable to underserved communities in Africa and Asia, has signed an MoU with SAO Group.
- Categories
- Energy, Technology
- Region
- Global
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Visa, Nasscom Foundation to Train Women Micro-Entrepreneurs in India
Visa and NASSCOM Foundation will work with over 650 women micro-entrepreneurs and train them to go online, rebuild and expand their businesses in India.
- Categories
- Entrepreneurship, Technology
- Region
- Asia Pacific
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Fintech is Not Enough: Why Startup Investments in Africa Must Diversify Across Sectors
Africa is often considered one of the world's largest untapped venture markets, and this potential has fueled interest in the region's tech startups. But as Elo Umeh of Terragon Group explains, though investments have been increasing, they have typically focused only on certain sectors, like fintech and off-grid tech. He explores the value in diversifying these investments across other growing industries, including edtech, agritech and martech, and urges founders and investors to extend their resources to build a robust and complementary technology ecosystem on the continent.
- Categories
- Investing, Technology
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Rethinking Community Connectivity: As the Pandemic Wears On, NGOs Turn to Technology for Information Dissemination and Behaviour Change
Behavior change and information dissemination initiatives face many challenges in emerging economies, and COVID-19 has made their work even more difficult. But according to Abhishek Sharma at Glific, these efforts remain essential – whether they're focused on raising awareness of government programs or sharing accurate information about the pandemic. He explores how a growing movement of NGOs, governments and social enterprises are turning to digital communications channels to reach marginalized communities, and discusses Glific's WhatsApp-based approach.
- Categories
- Coronavirus, Technology
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