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Africa’s Startup Funding Crisis Deepens as Mastercard Foundation Exits Top VC Firm
Mastercard Foundation pulls out of its $100 million commitment to African venture capital firm 54 Collective.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Summit Africa Launches Private Equity Fund II With US $20 Million Anchor Commitment From British International Investment, Supporting Businesses in South Africa and the Southern African Region
The fund will drive financial and digital inclusion, job creation, diversity, and food security as a new sector, through investment in small-to-mid market companies.
- Categories
- Investing
- Region
- Global
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EIB Invests $15.8 Million in New IPAE 3 Fund to Support Entrepreneurship in West Africa, Madagascar
It is expected to create over 4,000 direct jobs, at least 40 per cent of which will be for women. The fund will also be fully aligned with the criteria of the 2X Challenge supporting women entrepreneurs.
- Categories
- Agriculture, Health Care, Investing
- Region
- Global
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Disrupting Waste Management in Emerging Markets: Four Lessons for Strengthening Businesses While Empowering Women and Communities
Early-stage companies in emerging markets whose workforces and value chains are dependent on women face several common challenges. According to Yaquta Fatehi at the William Davidson Institute at the University of Michigan and John F. Akwetey, these issues are especially relevant in the waste management sector. They share insights from a study of waste management businesses and practices in Kenya, which show the impacts of treating women’s empowerment and community engagement as integral elements of business strategies rather than peripheral concerns.
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African Hospital Staff Laid off en Masse Amid Trump Aid Freeze
Thousands of doctors, nurses, lab technicians, and other health personnel at US-funded programmes have reported job losses.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Meta Lays Off 3,600 Staff, Impacting Nigeria, Africa
While the company frames these terminations as part of routine restructuring, affected employees in Nigeria, Africa, and beyond now face an uncertain job market amid the tech industry’s ongoing transformation.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Judge Blocks Trump Administration From Placing 2,200 USAID Employees on Leave
Nichols said his temporary restraining order blocking both the administrative leaves and the expedited evacuations would remain in place until Feb. 14 at midnight.
- Region
- Global
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Analysis: When Your Coworkers Got Laid Off — But You Didn’t
"If you’re a layoff survivor, how can you regain a sense of control over your work life? Once you have a solid understanding of the challenges you’re facing, you can take steps to navigate your new work situation with clarity and confidence."
- Categories
- Agriculture, Education, Energy, Environment, Finance, Health Care, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Global
- Tags
- employment
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