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Analysis: Funds Are Emerging to Back African Female Tech Founders
Globally, less than 5% of venture capital went to female-led startups in 2019.
- Categories
- Entrepreneurship, Technology
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When Economies Turn Down, Entrepreneurs Turn Up: How COVID-19 Has Spurred Nigerian Businesses to Build for an Inclusive Future
The COVID-19 crisis has devastated lives and livelihoods around the world. But as Eloho Omame at Endeavor points out, it has also re-shaped economies in more positive ways, revealing businesses' weak spots, areas for improvement and inefficient processes. She explores the impact this is having on Nigeria’s innovation ecosystem, where entrepreneurs have built or adapted business models that have saved lives, created jobs, and contributed to economic prosperity and the digitization of the economy.
- Categories
- Coronavirus, Entrepreneurship
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Kenyan Recycles Plastic Waste Into Bricks Stronger Than Concrete
“Our product is almost five to seven times stronger than concrete,” said Matee, the founder of Nairobi-based Gjenge Makers, which transforms plastic waste into durable building materials.
- Categories
- Entrepreneurship, Environment
- Region
- Sub-Saharan Africa
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Too Risky Not to Invest: Why Funding Latin America’s Healthcare Sector Should Be a Key Impact Investing Priority
Healthcare enterprises across Latin America are demonstrating both their impact in improving health outcomes, and their value as high-return investments. But as Andrea Bare at ThinkWell and Anna De La Cruz at ADLC Consulting point out, impact investors tend to view these organizations as too risky to finance. They explain why remaining on the sidelines represents another kind of risk: the risk of missing out on a sector full of profitable, impactful investment opportunities – particularly in women’s health.
- Categories
- Entrepreneurship, Health Care, Investing
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SDB Bank Set to Boost SMEs and Women Entrepreneurship in Sri Lanka
The United States International Development Finance Corporation (DFC) has approved a USD 40 Million (Rs. 7.5 Billion) term loan facility to SDB bank in a bid to promote financial inclusion, resulting in more support to SMEs, particularly female-owned Small and Medium Enterprises.
- Categories
- Entrepreneurship, Finance
- Region
- Asia Pacific
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Grab Raises Us $2 Billion Term Loan to Strengthen Liquidity and Diversify Financing Sources in Asia
This development made by Grab is said to be the largest institutional debt in Asia's technology sector
- Categories
- Entrepreneurship, Technology
- Region
- South Asia
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Christensen Institute, MIT Legatum Center Launch Bootcamp for African Innovators
The Clayton Christensen Institute, a nonprofit and nonpartisan think tank based in Boston and Silicon Valley in the United States, has announced a collaboration with the MIT Legatum Center for Development and Entrepreneurship aimed at empowering early-stage entrepreneurs in seven African countries to create new economic growth engines. The new collaboration, called Market-creating Innovation (MCI) Bootcamp, aims to bridge the gap between emerging market entrepreneurs and market-creating innovation opportunities.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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These Investors Want to Back ‘Ridiculously Early’ Female-Led African Startups
In 2019, female-led companies received less than 5 percent of the global venture capital. Bringing it to Africa, only 10 percent of the West African startups that cumulatively raised $1 million had at least one female co-founder in the past decade.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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