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Pivo Africa Closes A Year After Securing $2 Million Funding
Pivo Africa, a Nigerian fintech startup, backed by Y-Combinator, has shut down prematurely after launching in 2021 and securing $2M funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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WIC Capital Gets $1 Million to Provide Funding for Female-Led SMEs in Francophone Africa
This funding will enable the collective to invest in more businesses led by women in Francophone Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Bujeti Raises $2 Million to Boost Corporate Card Platform in Africa
The platform simplifies the issuance of corporate cards to employees and contractors, streamlining spending processes.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: Rare Unveils World’s First Impact Bond for Small-Scale Fisheries
The SSF Impact Bond will finance the community-led co-management of small-scale fisheries, a proven pathway to meeting the needs of people and nature.
- Categories
- Investing
- Region
- South Asia
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Press Release: DFC CEO in Dominican Republic Announces $200 Million Loan, Intention to Open New Caribbean Office
The $200 million direct loan to Banco Popular Dominicano will support the institution’s lending to small businesses and women entrepreneurs.
- Categories
- Investing
- Region
- Latin America
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Tappi Secures $1.5 Million Pre-Seed Round to Build Online Trust for Africa’s SMEs
The Oversubscribed Funds will Accelerate Trust in Digital Commerce Ecosystem, as tappi Achieves 19% MoM Growth with $3M in Verified Consumer Transactions.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital inclusion, e-commerce, MSMEs
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OPEC Fund’s 50 Million Loan Bolsters SMEs and Promotes Green Energy in West Africa
The loan intends to bolster the development of small and medium-sized enterprises (SMEs) and advance green energy initiatives in West Africa.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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PUE at the BoP: Three Approaches To Making Productive Uses Of Energy Accessible To All
Productive Use of Energy (PUE) technologies, such as solar water pumps, refrigeration and sewing machines, are crucial for helping smallholder farmers and other microentrepreneurs generate incomes. But as Christopher Emmott at Acumen explains, the high up-front costs of PUE appliances prevent many people at the Base of the Pyramid (BoP) from purchasing them. He shares some innovative approaches and business models that can enable vulnerable communities to access these life-changing technologies.
- Categories
- Agriculture, Energy, Social Enterprise, Technology