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Press Release: Villgro Africa Pioneering Social Entrepreneurship in Healthcare and Life Sciences
Villgro Africa, an impact investor that inspires, nurtures, and scales innovation by offering customized technical assistance and investments to early stage social entrepreneurs in Africa today celebrated its 5th anniversary as they go beyond their boundaries to serve the rest of Africa.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing, scale, SDGs
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Press Release: The ABC Fund Scales Agriculture SMEs in Kenya and Uganda With $2 Million Revolving Credit Facility for FACTS
The Agri-Business Capital (‘ABC Fund’) has signed an agreement for a $2 million revolving credit facility to FACTS Advance BV (‘FACTS’) to provide short-term trade finance solutions for SMEs in Kenya and Uganda primarily operating in the agriculture sector.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, scale
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Press Release: Angaza Raises $13.5 Million in Series B Financing
Fintech innovator receives funding as it crosses milestone of impacting 12 million lives globally.
- Categories
- Energy, Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Startups and Venture Capital vs. COVID-19: How an INR 1 Billion Grant Program Is Boosting India’s Pandemic Response
India is home to many innovative startups that are leveraging technology to fight the COVID-19 pandemic. To support them, a group of prominent venture capital funds and founders recently launched ACT Grants, an INR 1 billion effort to fund scale-ready solutions to COVID-related challenges. NextBillion spoke with Mekin Maheshwari, founder of Udhyam Learning Foundation – a key partner in the initiative – about how it is helping India’s startups ramp up their battle against the virus.
- Categories
- Coronavirus, Health Care, Investing, Technology
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Catalyst Fund, Mastercard Foundation, MEST Launch $4.3 Million Inclusive Digital Commerce Accelerator in Ghana
Catalyst Fund has partnered the Mastercard Foundation and MEST to launch its Inclusive Digital Accelerator programme in Ghana, the first expansion of its flagship inclusive fintech programme.
- Region
- Sub-Saharan Africa
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MIT D-Lab and Upaya Social Ventures Announce Collaboration To Support Women-Led Startups in India
The 2021 Scale-Ups Accelerator, developed in collaboration between MIT D-Lab and Upaya, will prepare women entrepreneurs for investment and pilot new methods to address gender financing gap.
- Categories
- Investing
- Region
- Asia Pacific
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Enabling Ecosystems: How To Boost Fintech Innovation and Financial Inclusion During and After COVID-19
Lockdowns in response to COVID-19 have rapidly accelerated digitalization worldwide, particularly in finance. But as analysts from the University of New South Wales, the University of Luxembourg, the University of Hong Kong and GIZ point out, ensuring the safe and inclusive development of digital finance is a major challenge. They explore why an ecosystem-based strategy could be the answer.
- Categories
- Coronavirus, Finance, Technology
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Minigrid Company Husk Nabs $5 Million in Funding
Husk Power Systems, a minigrid company that focuses on India and Africa, has received a $5 million investment from FMO, a Dutch development bank.
- Tags
- innovation, scale