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Press Release: $1 Million DFC Equity Investment in Kasha Global Inc. Supports Women’s Health in East Africa
U.S. International Development Finance Corporation (DFC) today announced the disbursement of a $1 million equity investment in Kasha Global Inc., an e-commerce company that provides women’s health and personal care products to customers in Rwanda and Kenya, alongside investments from Finnfund and Swedfund.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
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Big Data and AI in Africa: Why the Future of the Continent Is Artificially Intelligent and Digitally Enabled
Life would be easier for the average African if technology were utilized to its fullest potential. According to Jasmine Nnenne Mbadugha at the London School of Economics and Political Science, the continent's digital potential can be seen particularly at the intersection of big data and artificial intelligence. She explores how Africa can leverage these two emerging technologies to support economic development and play a role in the global digital revolution – and how it can overcome some key challenges it will face in the process.
- Categories
- Education, Technology
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Donors Back Tech Over Aid to Feed Hungry World
Food donors want to deliver cutting-edge technology to poor farmers in place of aid in a bid to cut waste, preserve precious land - and make themselves redundant.
- Categories
- Agriculture, Health Care, Technology
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Innovation for Adaptation: How a New Fund Is Helping Service Providers Navigate the Challenges of COVID-19
The impact of COVID-19 has been amplified at the local level in Kenya and Rwanda, where non-profit service providers working with vulnerable populations are finding it more difficult to support their beneficiaries. Michael Kiema and Linda Ndungu Wambua at Instiglio explore learnings from the COVID-19 Adaptation Fund, which is providing funding to nine qualifying service providers to help them implement innovations that will support their efforts to serve beneficiaries during the pandemic.
- Categories
- Coronavirus, Entrepreneurship, Technology
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Mekong Capital Annouces US $246 Million Investment Fund in Vietnam
The fund will focus on retail, education, restaurants, consumer services, FMCG, and health care.
- Categories
- Coronavirus, Investing
- Region
- Asia Pacific
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Press Release: Ilara Health Raises $3.75 Million Series A Led by TLcom to Provide Life-Saving Diagnostics Across Sub-Saharan Africa
Ilara Health, an innovative healthtech start-up increasing essential and affordable access to life-saving diagnostics in Africa, has raised $3.75 million in Series A funding led by TLcom Capital with participation from DOB Equity, Global Ventures and Chandaria Capital.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Press Release: Almost 2 Billion People Depend on Health Care Facilities Without Basic Water Services – WHO, UNICEF
A lack of water puts health care workers and patients at higher risk of COVID-19 infection.
- Categories
- Coronavirus
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IFC and Kobo360 Partner to Support Innovative Solutions in Nigeria’s Agriculture and Health Sectors
The International Financial Corporation (IFC) in partnership with African e-logistics start-up, Kobo360 has announced a call for innovators all over the world to bring climate-smart, Temperature-Controlled Logistics (TCL) cooling solutions to Nigeria to help the country address food waste challenges, support its health sector, and reduce its energy consumption.
- Categories
- Agriculture, Energy, Health Care
- Region
- Sub-Saharan Africa
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