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How African Startups Raised Funding in 2023
With equity funding becoming rare, several startups found it hard to survive, leading them to either cut down their teams or scale down operations and, in some cases, close shop.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: As Digital Credit Surges, New Research Shows Need for Greater Consumer Protection
A report from leading anti-poverty research organizations provides new insights into the relationship between the digitization of credit and economic development in an era of overlapping crises.
- Categories
- Finance, Technology
- Region
- Global
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Job Growth is More than Digital Job Growth: Why Both Online and Offline Enterprises Deserve Investor Support
The appeal of the tech-driven economy can be hard for investors to resist. But Liliosa Mbirimi at the Leila Janah Foundation argues that focusing exclusively on the digital realm can exclude many offline entrepreneurs that are making major contributions to job creation in emerging markets. She discusses the need for investors to support both digital and non-digital entrepreneurs, and shares learnings from the Foundation's efforts to provide this support in Kenya and Uganda.
- Categories
- Investing, Technology
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Press Release: DFC Approves 17 Transactions Totaling More Than $3.3 Billion in Q1 of FY2024
The U.S. International Development Finance Corporation (DFC) approved 17 new transactions in the first quarter of FY2024 at the board and sub-board levels.
- Categories
- Investing
- Region
- Global
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World Bank Helps Gabon Finance Digital Transformation Project with $68.5 Million Loan
The project aims at create an environment conducive to accelerating digital transformation.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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AXIAN Energy Propels Renewable Energy Vision in Africa
The Emerging Africa Infrastructure Fund (EAIF) has committed a senior secured loan facility of US$30 million to AXIAN Energy.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Allianz and Dutch Development Bank Back $1.1 Billion Sustainable Loans Fund
The fund is the largest of its type since 2018 and one of the five biggest to date, according to Convergence.
- Categories
- Agriculture, Energy, Finance, Investing
- Region
- Global
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