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Startup venture funding jumped more than 50% in Africa last year to a record high
Across sectors, financial inclusion accounted for 45% of total investment—more than any other sector—with $253 million raised. Partech’s report categorizes off-grid tech, fintech and insurance tech startups under financial inclusion.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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What Blocks The Success Runway For Fintech Startups In India?
Despite adequate funding and an unprecedented growth of 135% in just two years, most fintech startups are grappling with inefficiencies in multiple operations. However, with India slowly but surely making the transition towards a cashless economy, access to internet services, and increasing transparency in transactions, the outlook for the future is most certainly robust.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech, regulations, startups
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Press release: World Tokenomic Forum Launches a Revolutionary Social Enterprise Venture Fund for Blockchain Related Technologies
World Tokenomic Forum is innovating the social enterprise venture fund model with its Sandcastle Social Enterprise Fund focused on early stage, protocol and decentralized application investments for cybersecurity, infrastructure, identity, payments, and social impact companies.
- Categories
- Technology
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The rise and rise of African agri-tech
Agriculture is big business in Africa. The sector employs 65 per cent of the continent’s labour force, and accounts for 32 per cent of gross domestic product (GDP), according to the World Bank.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Walmart is considering an investment in Flipkart to better compete in India
The two have reportedly negotiated on and off over the last two years, which led Reuters to report on talks between them in September 2016. A stake as big as 20% could be quite expensive for Walmart, which may be an obstacle in coming to an agreement this time around, according to Reuters’ sources.
- Categories
- Investing
- Region
- South Asia
- Tags
- startups
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For India’s Farmers It’s Agtech Startups, Not Government, That Is Key
It’s been quite a challenge in recent decade in Indian agriculture, starved of financial resources and continuing neglect by the government, and is likely to become more difficult over the next few decades as weather patterns, available water and growing seasons shift further.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- agtech, climate change, data, startups
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This Impact Investing Platform Was Set To Be A Game-Changer. So Why Did It Fail?
In order to scale, impact investing needs a platform that will make it easier for investors to connect with vehicles for their funds. ImpactUs promised to do that–but its failure shows that the space wasn’t quite as ripe for innovation as its founders had hoped.
- Categories
- Investing, Technology
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Impact Investing Marketplace ImpactUs Shuts Down
“The ImpactUs Marketplace was formed with the goal of simplifying the impact investing process; providing impact investors, advisors, and institutions with solutions to accelerate the flow of capital to funds, companies, and projects that deliver community, societal, and environmental benefits. Unfortunately, we have had to make the difficult decision to cease operations,” reads a message on its web site.
- Categories
- Investing
- Tags
- ESG, impact investing, startups
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