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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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Report: Social Enterprise Sector Failing Indigenous Businesses
A new report urges social enterprises to better support and value First Nations businesses, laying out practical recommendations for change.
- Categories
- Social Enterprise
- Region
- Global
- Tags
- failure, human rights
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Naspers Shuts Down Foundry, Its $100 Million Fund Focused on South African Startups
According to the report, the firm, which is taking this approach as venture capital takes a hit globally, will maintain the investments.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- failure, startups, venture capital
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Analysis: How US Bank SVB’s Failure Could Impact Latin America
Tightening credit conditions resulting from the collapse of Silicon Valley Bank (SVB) could restrict financing in emerging market economies such as Latin America.
- Categories
- Finance
- Region
- Latin America
- Tags
- digital finance, failure
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Silicon Valley Bank Collapse Threatens Climate Start-Ups
The bank had relationships with more than 1,500 companies working on technologies aimed at curbing global warming.
- Categories
- Environment, Finance, Technology
- Region
- Global
- Tags
- climate change, failure, startups
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India’s Crypto Industry Is Imploding
High taxes and a tricky regulatory environment have resulted in Indian crypto exchanges losing investors in droves.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- cryptocurrency, failure
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D2C Meat Brand Fipola Ceases Operations Amid Funding Winter in India
Chennai-based meat delivery D2C startup Fipola has reportedly shut its operations and is looking for ways to liquidate assets to pay off operational dues.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Edtech Downfall Continues: Now, DUX Education to Cease Operations By April
DUX is the latest entrant to the growing list of Indian startups that are closing operations for good.
- Categories
- Education, Technology
- Region
- Asia Pacific
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