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Vidyut Secures $2.5 Million Funding from Flourish Ventures
Vidyut separates batteries from EV ownership and then offers them on a pay-per-kilometre subscription basis.
- Categories
- Investing, Technology, Transportation
- Region
- Asia Pacific
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Africa’s Startup Funding Crisis Deepens as Mastercard Foundation Exits Top VC Firm
Mastercard Foundation pulls out of its $100 million commitment to African venture capital firm 54 Collective.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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GHIB and BII Announce $50 Million Partnership to Boost Cross-Border Trade Across Africa’s Frontier Economies
"Under a Master Risk Participation Agreement (MPRA), the $50 million facility will enable GHIB to support more businesses and facilitate trade flows in the target countries."
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: China Won’t ‘Replace’ USAID in Africa
While China has spent tens of billions of dollars through trade and infrastructure project loans in Africa over the last decade, it spends significantly less on aid.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Seeking Partnership Closer to Home: How South-South Cooperation Empowers Businesses in Developing Markets
While all businesses worldwide face challenges, businesses in the Global South must navigate additional complexities ranging from economic volatility to infrastructure constraints. As Martin Burt at Fundación Paraguaya argues, this creates a need for greater South-South cooperation — i.e., the exchange of technologies, knowledge and other resources between entities in the developing world. He explains the benefits of this practice, exploring how it can enable businesses and entrepreneurs in the Global South to work together to foster innovation and build resilient economic systems tailored to their unique circumstances.
- Categories
- Social Enterprise, Technology
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Egyptian Ed-Tech Startup Eyouth in $6 Million Digital Skill Development Partnership
Founded in 2016 and taken online in 2018, EYouth designs and builds its own online training courses aimed at helping young people develop their careers and ensure they have the required skills for the labour market.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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£3.5 Million CEPREC Centre Launched to Tackle Africa’s Energy Challenges
The initiative is a collaboration among over 30 stakeholders from government, industry, and academia across the United Kingdom and sub-Saharan Africa.
- Categories
- Energy, Technology, WASH
- Region
- Sub-Saharan Africa
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KOIS and MzN Launch Impact Accelerator to Bridge Gap Left by USAID at Humanitarian Finance Summit
Partnership launches, Human Planet - a global impact accelerator to convene humanitarian players and impact investors on projects fostering capital mobilisation.
- Categories
- Social Enterprise
- Region
- Global