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Apna Raises $70 Million in Series B Funding From Insight Partners and Tiger Global at $570 Million Valuation
Apna will use the proceeds to strengthen its presence in existing cities and expand pan-India over the next 6 months to help restart India’s economy as it recovers from the COVID-19 pandemic.
- Categories
- Coronavirus, Entrepreneurship, Investing, Technology
- Region
- Asia Pacific
- Tags
- coronavirus, EdTech, entrepreneurship, impact invest, jobs, tech, technology
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Analysis: African Youth Are Capable Entrepreneurs, Invest in Them Now
The Future of Production indicated that the continent will, by 2030, be home to a capable labour force of over 1.6 billion, larger than Asia and South America.
- Categories
- Entrepreneurship, Investing
- Region
- Sub-Saharan Africa
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IBM and Digital Opportunity Trust Partner to Equip Middle East and Africa’s Youth With Digital Skills
Digital Opportunity Trust (DOT) has announced its collaboration with IBM, a multinational technology company, to among others empower youth in Africa and the Middle East with hi-tech digital skills.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Analysis: Women Can Add $14.57 Billion to E-Commerce in Africa, According to IFC Research
The e-commerce market in Africa could grow by more than $14.5 billion between 2025-2030 according to an IFC report published yesterday.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Scaling the Last-Mile Distribution Industry With Data-Driven Lending
Low-income consumers in emerging markets rely heavily on last-mile distributors (LMDs) for access to life-changing products, from smartphones to solar home systems. But as Erin Junio at Angaza explains, despite the critical role they play in the sale and distribution of these products, LMDs struggle to access the funding they need to scale. She explores the funding challenges these businesses face — and how data-driven innovations in lending are emerging to close this financing gap.
- Categories
- Energy, Entrepreneurship, Investing
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Press Release: The Mandela Rhodes Foundation Launches $80K Äänit Prize for Social Impact in Africa
The Äänit Prize will award up to $80 000 per year to projects and organisations that can deliver positive social impact in Africa.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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USAID and DTI Partner for Youth Entrepreneurship Training
The United States Agency for International Development (USAID) and the Department of Trade and Industry (DTI) have signed a partnership to enhance entrepreneurship training programs for Filipino out-of-school youth.
- Categories
- Education, Entrepreneurship
- Region
- South Asia
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Fastbeetle Raises Seed Funding Round From Angels and Impact Investors
A Srinagar-based logistics company, Fastbeetle has closed a seed funding round at an undisclosed valuation from angel investors including Anuj Sharma of Alsisar Impact and Kartik Desai of Asha Impact.
- Categories
- Entrepreneurship
- Region
- Europe & Eurasia
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