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Tofino Capital Launches $10 Million Fund for Frontier Tech in Africa, Other Markets
VC firm Tofino Capital has completed a first close of US$5 million of a US$10 million fund focused on investing in early-stage companies in Africa, Latin America, Asia and the Middle East.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- impact investing, startups
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Kenya Eyes $244 Million Budget Support From IMF
The International Monetary Fund (IMF) plans to release $244 million to Kenya to finance its budget “in the coming weeks” after its staff expressed their satisfaction with Nairobi’s economic reforms in the face of Covid-19.
- Categories
- Agriculture, Coronavirus, Investing
- Region
- Sub-Saharan Africa
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Zubale Receives $40 Million to Help Retailers Win E-Commerce Battle
The tech company that solves e-commerce fulfillment for brands and retailers in Latin America raised a $40 million Series A round.
- Categories
- Investing
- Region
- Latin America
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Cold Chain Startup Celcius Raises $4.5 Million To Help Small-Scale Regional Transporters Across India
The fresh capital will be used to expand footprint to more than 500 cities and strengthen teams across tech, sales and operations.
- Categories
- Investing, Technology
- Region
- Global
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Press Release: Zubale Receives $40 Million Series A to Help Retailers Win E-commerce Battle in Latin America
With this capital, the company will continue investing in technology, expand to Brazil and Chile, and launch embedded finance products.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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Interview: Sustainable Investing Expert Alison Taylor on ESG Misconceptions and Why Ethics Are Part of the Equation
The market demands ESG discipline, period. Whether you view ESG as the alpha and the omega, an opportunity for capitalism to atone and course correct, or as a Trojan horse for a woke agenda, this fact is a stubborn one.
- Categories
- Investing, Social Enterprise
- Region
- Global
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South Africa HR Startup SmartWage Raises $2 Million Seed Round
South Africa’s SmartWage, an HR and communications technology startup, has raised US$2 million in an oversubscribed seed funding round.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Softbank Shifts Latin America Plan With New Early-Stage Spinout, Upload Ventures
SoftBank Latin America Fund announced that it is spinning out its early-stage Latin American investment arm into a new autonomous entity, dubbed Upload Ventures.
- Region
- Sub-Saharan Africa
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