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DEG Discloses Investment in Helios Fund
German development financier DEG has disclosed an investment of $25 million in Helios V.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Top-Down vs. Bottom-Up: Bhutan and Fiji’s Contrasting Paths to Digital Transformation Reveal the Pros and Cons of Government and Market-Driven Approaches
The pursuit of digital competitiveness — the capacity and readiness to adopt digital technologies — has led to remarkable success stories in emerging markets, transforming public infrastructure and enhancing the delivery of social and financial services. But as Neeraj Lekhwar and Garima Singh at FinValue Advisors explain, this path remains challenging for many nations — particularly small countries. They share insights from a FinValue study involving Bhutan and Fiji: two countries with comparable sizes and socioeconomic structures that have approached their digital transformation very differently. The policy paths they've taken present contrasting examples of digital adoption strategies that provide valuable lessons for other small markets.
- Categories
- Finance, Technology
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OpenAI Rolls out ChatGPT Go in Brazil and Partners with Nubank
Through this launch, ChatGPT Go subscribers, including Nubank customers, will gain access to several ChatGPT features.
- Categories
- Technology
- Region
- Latin America
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Honest’s $140 Million Boost: Can Indonesia’s Fastest-Growing Credit Card Startup Redefine Consumer Finance?
Backed by global investors and fresh capital, Jakarta-based Honest is betting on speed, digital-first products, and financial inclusion to challenge traditional banks.
- Categories
- Finance, Technology
- Region
- South Asia
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South African Exits Signal Long-Awaited Liquidity for VC Investors
A string of high-profile exits in South Africa’s tech and fintech sectors is sending a clear signal to investors that liquidity is back on the table, according to Endeavor South Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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M-KOPA Posts First Ever Profit, Bets on E-Mobility for Next Growth Phase
The Nairobi-based fintech swung to a US$9.2 million profit in 2024 from a US$20.6 million loss the previous year, according to audited results seen by The Kenyan Wall Street.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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World Bank Chief ‘Not Certain’ Developing Nations Can Leapfrog With AI
World Bank Group President Ajay Banga is skeptical about AI's leapfrogging opportunity, but experts believe that while challenges exist in Africa, so do opportunities for advancement.
- Categories
- Agriculture, Health Care, Technology
- Region
- Sub-Saharan Africa
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DigsConnect Founder Alexandria Procter Launches $1.4 Million Vehicle to Back African Startups
The new vehicle, named Pharos of Alexandria Ventures, is now accepting applications for a series of exclusive pitch sessions to be held in Cape Town this November.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
