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Press Release: UpEnergy Issues World’s First Carbon Credits Linked to Electric Clean Cooking Devices Deployed in Sub-Saharan Africa
The new project provides a pathway for a growing number of African consumers to abandon the toxic burning of unsustainable, wood-based fuels and breathe cleaner air with healthier, zero-emissions electric cooking.
- Categories
- Environment, Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Diaspora Remittances, Impact of SVB’s Failure on African Startups in Focus as African Diaspora Investment Symposium Begins
The closure of SVB Bank triggered panic on the African continent, and that fear is not without reason.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- failure, fintech, remittances, startups
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Nigeria Launches $618 Million Tech Fund for Young Investors
Nigeria launched a $618 million fund on Tuesday to support tech and creative sectors for young investors who struggle to raise capital in Africa's largest economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- creative economy, failure, startups, youth
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African Development Bank, Partners Invest $618 Million to Grow Nigeria’s Creative Enterprises
The African Development Bank and some partners have officially launched a new Investment in Digital and Creative Enterprises (iDICE) programme.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Elemental Aims to Pump $43 Million Into Climate Startups With ‘Deep Community Impact’
Elemental Excelerator, a nonprofit investor in climate-tech startups including BlocPower and ChargerHelp, says it’s “doubling down” in the wake of Silicon Valley Bank‘s collapse.
- Categories
- Energy, Environment, Technology
- Region
- Global
- Tags
- climate change, startups
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Press Release: Flat6Labs Launches $95 Million Seed Fund to Back Early-Stage Startups in Africa
Seed investor and accelerator Flat6Labs, has launched a new $95 million Africa Seed Fund (ASF) to nurture the growth and development of African early-stage tech startups.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- agtech, climate change, edtech, fintech, innovation, startups
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Naspers Shuts Down Foundry, Its $100 Million Fund Focused on South African Startups
According to the report, the firm, which is taking this approach as venture capital takes a hit globally, will maintain the investments.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- failure, startups, venture capital
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Inker Robotics Secures $1.2 Million Funding Under Kerala Startup Mission
The company has secured USD 1.2 million in a pre-series fundraising round headed by AHK Ventures, an early-stage venture capital firm.
- Categories
- Education, Technology
- Region
- Asia Pacific
- Tags
- innovation, startups