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Grindstone Ventures Launches $6.5 Million VC Fund for South Africa Tech SME Development
Grindstone Ventures has launched a $6.5 million fund dedicated to seed funding predominantly South African innovative technology startups who have completed, or are part of, its Grindstone Accelerator programme.
- Categories
- Investing
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Africa’s First Climate Credit Facility for Agriculture Launches in Kenya
Africa’s first climate adaptation credit facility for agriculture, ADAPTA, has launched with USD 1.5 million in funding from the Bill & Melinda Gates Foundation for Phase I in Kenya.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- climate change, innovation
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Pismo Raises $108 Million Series B Led by Softbank, Amazon and Accel To Enable Cloud-native Financial Services Globally
Pismo, the cloud-native core banking and payments platform, announced the signing of a $108 million Series B fundraising round.
- Categories
- Finance
- Region
- Global
- Tags
- data, fintech, infrastructure, innovation
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Press Release: Investment and Asset Management Platform Odyssey Acquires Ferntech
Odyssey Energy Solutions has acquired the German remote monitoring and control technology company, Ferntech.
- Categories
- Energy
- Region
- Global
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Mastercard Launches Strive: a Global Small Business Initiative to Accelerate Economic Recovery
This program builds on lessons learned and a body of work developed as part of Mastercard’s long-term focus on financial inclusion”
- Categories
- Coronavirus, Finance
- Region
- Global
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$100 Million Innovation Fund to Fuel African Tech Investments
The Global Innovation Initiative Group (GIIG), an investment vehicle for early-stage tech start-ups, has established a new fund to invest in early-stage tech innovation start-ups across Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation, startups
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Press Release: The VELUX Group and WWF Embark On Historic Forest Project in Uganda
The first VELUX funded forest project in its 21-year partnership with WWF International has now officially commenced. The 'Natural Forest Regeneration for Enhanced Carbon Stocks in the Albertine Rift' (FRECAR) project will be led by WWF-Uganda in partnership with the National Forestry Authority of Uganda.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- innovation
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Filling the Water Access Funding Gap: Three Lessons to Maximize the Impact of Innovative Finance
More than two billion people still live without access to safe drinking water, but global funding to meet their water needs is severely lacking. As Lauren Cuscuna of Safe Water Network explains, innovative financing mechanisms can help fill the gap – but blended finance transactions in the water sector are lower than in other industries. She shares three key lessons Safe Water Network has learned while implementing innovative financing approaches to meet the long-term needs of the local water enterprises it works with in Ghana and India.
- Categories
- Finance, Impact Assessment, Technology, WASH
