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Press Release: Ten African Startups Selected to Receive Funding to Develop Blue and Green Economy Solutions
Recognizing the wealth of ideas and the potential of Africa’s young innovators, BFA Global, FSD Africa, and the IUCN launched the Africa Blue Wave and Regen Wave initiatives to unlock solutions for Africa’s blue and green economies.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Luxembourg InsurTech Startup Ibisa Secures $3 Million for Climate Insurance Expansion in Africa
The funding round was led by Acumen Resilient Agriculture Fund (Araf) and Equator, with participation from Asian Development Bank Ventures (ADBV) and existing investors like Ankur Capital.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Deals With Microsoft, Shopify and Stripe Fail to Keep Carbon Removal Startup Alive
In June, Running Tide announced plans to dissolve despite high-profile early customers.
- Region
- Europe & Eurasia
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Rethinking Credit Scoring: A Pay-As-You-Go Pioneer Explores Innovative Solutions in Africa
The ability to make life-changing purchases — from buying a home to setting up a business — usually relies upon acquiring credit. But as Mansoor Hamayun at Bboxx explains, in many emerging markets, it’s incredibly difficult for the average citizen to obtain a credit score. He explores the obstacles to credit scoring in Africa, and discusses how Pay-As-You-Go financing of solar products — combined with innovative approaches to consumer subsidies — can be leveraged to boost access to credit scores and essential financial services in underserved communities.
- Categories
- Finance
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Malaysia’s Paywatch Secures $30 Million Funding From a Mix of Equity and Credit Facilities
This is the largest funding round closed by an Malaysia-based earned-wage access (EWA) player in Southeast Asia.
- Categories
- Finance, Technology
- Region
- South Asia
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Press Release: Roots of Impact Raises Impact-Linked Finance to Grow the Pie and Help Others Enter the Market
With this fresh capital injection, Roots of Impact will build the enabling infrastructure to scale Impact-Linked Finance and support other practitioners to enter this promising field.
- Categories
- Finance
- Region
- Global
- Tags
- impact investing, innovation, scale
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Lagos Allocates N1 Billion Seed Fund for Startups
The Lagos State government has allocated N1 billion as a seed fund for startups to the Lagos State Science, Research, and Innovation Council (LASRIC).
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Downforce Technologies Secures $4.2 Million to Scale Revolutionary Soil Organic Carbon Measurement Tech
Downforce’s groundbreaking natural capital analytics technology leverages cutting-edge science, modelling and remote sensing.
- Categories
- Environment, Technology
- Region
- Global
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