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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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BII, Swedfund and Norfund Invest $85 Million in AgDevCo to Support Agribusinesses in Africa
The funding aims at support high-impact agribusinesses to increase productivity and improve food security in rural areas.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Displaced Again: People Forced to Flee Fear Hunger as Violence Grips the East of DRC
World Food Programme calls for urgent diplomatic interventions as the second largest city in east of the Democratic Republic of the Congo falls to M23.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Acumen Invests in Ghanaian Agritech Startup Wami Agro
Wami Agro, a new Acumen investee under the Trellis initiative, is pioneering innovative agricultural solutions in Ghana to improve the livelihoods of smallholder farmers, reduce poverty, and strengthen food security.
- Categories
- Agriculture, Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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OPEC Fund Arranges $50 Million Syndicated Loan Facility to Promote Access to Finance for SMEs in Paraguay
The funding will support Banco Continental’s efforts to expand lending to small and medium-sized enterprises (SMEs) and to support the agricultural sector.
- Categories
- Agriculture, Finance
- Region
- Latin America
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Building Better Business Advisory Programs: Five Lessons from an Inclusive Marketing Bootcamp
Inclusive business models involve integrating low-income communities into the value chain as suppliers, distributors, retailers or consumers. As this approach has gained traction, advisory programs have emerged to help companies adopt and scale these practices. Beryl Oyier, Catherine Mwangi, Eyerusalem Mitiku and Rakib Hasan Rabbi at Bopinc share insights from an inclusive marketing program in Africa, highlighting five key lessons for designing more impactful inclusive business advisory programs.
- Categories
- Agriculture, Social Enterprise
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Bayer and Pula Foundation Partner up to Insure 10 Million Smallholder Farmers in Sub-Saharan Africa and South Asia
The collaboration aims to enhance climate resilience among smallholder farmers, protecting them against the growing impacts of droughts and floods, which threaten harvests, livelihoods, and global food security.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa