-
Chocolate City Launches $1 Million Fund to Back Early-Stage Creative Startups in Nigeria
By offering equity investment and mentorship, the initiative aims to help young entrepreneurs scale sustainable businesses rather than rely on short-term funding.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- creative economy, scale, startups, youth
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PayPal Commits $100 Million to Accelerate Digital Growth Across the Middle East and Africa
This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and technology deployments that will help local businesses scale, etc.
- Categories
- Technology
- Region
- Global
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IFC Commits USD $6 Million to Catalyst Fund’s USD $40 Million Africa Climate Tech Vehicle
The fund, managed by Catalyst Impact Partners Corp, will target pre-seed and seed companies in fintech for climate resilience, sustainable livelihoods, etc.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Zippi, a Brazilian Digital Credit Fintech, Raises Us$15.9 Million to Expand Credit Access for Micro and Small Businesses in Brazil
Securitized through FIDC and supported by Tiger Global, the capital will help double the credit offering to underserved entrepreneurs and SMEs.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- credit scoring, fintech, MSMEs, startups
-
P4G Awards $3.8 Million to 14 Climate Startups Driving Green Innovation in Emerging Markets
This funding will help these early-stage businesses grow breakthrough solutions making them investment-ready to accelerate green growth in emerging markets.
- Categories
- Energy, Finance, Technology
- Region
- Global
-
Press Release: New Facility Launched to Strengthen Water Enterprises and Expand Safe Water Access
The facility is designed to help promising water enterprises grow stronger and reach further.
- Region
- Sub-Saharan Africa
-
Jacqueline Novogratz and Acumen Raise $300 Million For Off-Grid Solar In Africa
Backers include Green Climate Fund, IFC, Shinhan Bank, Nordic Development Fund and Soros Economic Development Fund.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
-
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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