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Google Sets up $50 Million Fund To Invest in African Startups
Google plans to invest up to $50 million in African early- and growth-stage startups via its Africa Investment Fund, ramping up efforts to support more businesses on the continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Mexican Fintech Konfio Says Now Worth $1.3 Billion With New Capital
Konfio, which helps small businesses secure loans, said the funds will be used to broaden its reach in Latin America’s second-largest economy.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: Deetken Impact Sustainable Energy Announces Its First Investment in Solar Energy in Jamaica With Soléco Energy
Through a common equity investment in a Special Purpose Vehicle, the funds will finance solar PV distributed generation projects for commercial and industrial clients using long-term solar lease agreements.
- Categories
- Energy
- Region
- North America
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Fintech is Not Enough: Why Startup Investments in Africa Must Diversify Across Sectors
Africa is often considered one of the world's largest untapped venture markets, and this potential has fueled interest in the region's tech startups. But as Elo Umeh of Terragon Group explains, though investments have been increasing, they have typically focused only on certain sectors, like fintech and off-grid tech. He explores the value in diversifying these investments across other growing industries, including edtech, agritech and martech, and urges founders and investors to extend their resources to build a robust and complementary technology ecosystem on the continent.
- Categories
- Investing, Technology
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Shared Mobility Startup Plentywaka Raises $1.2 Million Seed Round and Acquires Stabus Ghana
Plentywaka acquired Ghanaian mobility startup, Stabus as it looks to expand its African operations, starting with West Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Getting In the Game: How Wealthy Individuals and Families Can Bring Impact-First Investing Off the Sidelines
The vast majority of impact investments target market-rate returns, which leaves impact-focused enterprises with lower prospects for competitive returns struggling to attract capital. But as Mariah Collins of The Bridgespan Group explains, there's a group of influential and deep-pocketed investors who are ideally placed to change this dynamic: wealthy individuals and families. She shares findings from a recent report that aims to shed light on this largely untapped opportunity, and discusses why the shift to impact-first investing has never been more important — or easier — to make.
- Categories
- Investing
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Press Release: First Impact Investing Fellowship for Asset Owners and Managers in Asia and Africa
An Africa-Asia Fellowship was created to nurture capital managers and asset owners in becoming impact investing practitioners.
- Categories
- Investing
- Region
- Global
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Press Release: Billions of People Will Lack Access to Safe Water, Sanitation and Hygiene in 2030 Unless Progress Quadruples – Warn WHO, UNICEF
Latest estimates reveal that 3 in 10 people worldwide could not wash their hands with soap and water at home during the COVID-19 pandemic
- Categories
- Coronavirus, WASH
- Region
- Global
- Tags
- coronavirus, hygiene, investment, sanitation, WASH, water
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