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Earnipay Secures $4 Million Seed Funding to Provide On-Demand Salary to Employees in Africa
Founded by Nonso Onwuzulike to improve the financial well-being of employees, Earnipay uses its technology to offer employees the opportunity to access their earned salaries into their accounts flexibly, in real-time and interest-free.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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CDC Group Is Partnering with FirstBank to Support Women and Small Business Owners with a $100 Million Credit Facility
We announced today a US$100 million finance facility to First Bank of Nigeria Limited (FirstBank). This new facility will direct funding to women-owned and led businesses as well as to local small and medium-sized enterprises (SMEs) in Nigeria.
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
Joint SDG Fund Doubles Its Portfolio to $114 Million in Catalytic Impact Investments
The UN Joint SDG Fund announced a historic expansion of its portfolio to five new markets across the globe with US $54.5 million in additional investments to rescue the Sustainable Development Goals.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Changing the Gatekeepers: Why Female Fund Managers Are the Key to Unlocking More Inclusive Capital
Greater access to capital could boost the financial empowerment of women entrepreneurs. Yet as Melanie de Nysschen at SAVCA and Yeabsira Zewdie at MiDA Advisors point out, women comprise just 11% of senior investment professionals in emerging markets – the people who serve as gatekeepers to capital. Since women investors are significantly more likely to support female entrepreneurs, they explore the impact of increasing women's presence among investment professionals, and share insights from interviews with female fund managers in South Africa, Namibia and Botswana that highlight their biggest challenges.
- Categories
- Investing
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India/U.S.-Based Crypto Investing Platform Raises Another $6.5 Million
Crypto investing platform, which was founded in 2018, has raised $6.5 million in a pre-series A round from Arkam Ventures, Tribe Capital, and Bolt by QED Investors.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Press Release: Asian Companies Are Steadily Catching up to Their Western Counterparts When It Comes to ESG Initiatives
The survey conducted by Robocash Group shows that 45% of the respondents from India, Malaysia, Pakistan, the Philippines, and Vietnam who are willing to invest are interested in ESG. However, ESG factors have yet a long way to go to reach massive buy-in from the retail investor community.
- Categories
- Investing
- Region
- Global
- Tags
- ESG, impact investing, scale
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Investcorp Leads $55 Million Investment in NDR Warehousing
Bahrain-based Investcorp, a global investment manager specializing in alternative investments, said it has led a USD $55 million investment in NDR Warehousing.
- Categories
- Agriculture, Investing
- Region
- Asia Pacific
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Press Release: Sistema.bio Closes Over $15MM in Financing to Scale Climate-Smart Clean Energy Technology for Farmers
Financing will strengthen partnerships and distribution, carbon reduction activities, R&D efforts and overall operations in LATAM, Africa, and Asia-Pacific.
- Categories
- Agriculture, Environment, Investing
- Region
- Global
- Tags
- impact investing
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