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SunCulture and Bridgin To Launch 15 Million USD Structure to Finance Climate-Smart Agriculture in Kenya
Through this partnership, Bridgin will finance portfolios of SunCulture’s farmer receivables, allowing the company to reach more customers while de-risking its balance sheet and reinvesting in scale.
- Categories
- Agriculture, Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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Frontier Tech Capital Targets $150 Million Fund to Back Southeast Asia Scale-Ups
Unlike traditional early-stage VCs, Frontier Tech targets companies generating at least $50 million in annual revenue with clear paths to profitability.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Starlink Hits Capacity in Nigeria’s Largest Cities, Raising Questions About Musk’s Africa Ambitions
Starlink’s satellite internet service has reached capacity in Nigeria’s largest cities, forcing the company to halt new sign-ups and pushing would-be customers onto a waitlist.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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PlaySuper Secures $1 Million Seed Funding to Power Next-Gen Gaming Monetization
"PlaySuper aims to build the commerce backbone for the next generation of gaming. . . "
- Categories
- Technology
- Region
- Global
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Kenya’s eBee Lays off Employees Across All Departments in Major Restructuring
"The layoffs reflect broader challenges facing Kenya’s e-mobility sector, where riders are opting for cheaper electric motorbikes over eBee’s bicycles . . ."
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, failure, scale, startups
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Aavishkaar Capital’s Global Supply Chain Support Fund (GSCSF) Supports the Horizon Group Africa with USD $5 Million Loan to Scale Operations
This is the 8th overall investment by GSC Support Fund across the Global South and the fourth investment in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Scaling Youth Entrepreneurship in Africa: A Multi-Stakeholder Approach for Developing Local Ecosystems
Across Africa, governments and development actors are investing in youth entrepreneurship, with funders and international NGOs increasingly partnering with local non-profits to develop better support ecosystems for young entrepreneurs. But as Grégory Valadié and Juan Carlos Thomas at TechnoServe explain, many of these local organizations face limitations in capacity, systems and tools. They explore four ways to maximize these partnerships’ impact by complementing their direct implementation work with systems-level solutions, and leveraging institutions that already reach young people at scale.
- Categories
- Education
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Building Sustainable Sanitation Markets in Africa: Lessons from Uganda and Malawi
Much of Africa's urban population relies on pit latrines, due to the absence of sewer systems. As a result, creating viable markets for affordable and sustainable pit-emptying services is an essential part of ensuring access to safe sanitation across these communities. Cecilia Gamba at LeFil Consulting shares research from Uganda and Malawi, which sheds light on the challenges, opportunities and scalable business models that are emerging in this critical sector.
- Categories
- WASH