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Breaking Barriers, Building Futures: How Supporting Women-Led MSMEs Can Boost Empowerment and Drive Job Growth in India
Small businesses — especially women-led micro, small and medium enterprises (MSMEs) — are emerging as pivotal drivers of economic growth in India. According to Umesh Singh at Tara Candles, these MSMEs can play a key role in boosting employment — but to do so, they’ll require more support. He explores how women-led MSMEs are creating jobs and promoting inclusive growth, and discusses how the government and other stakeholders can help women entrepreneurs overcome the challenges they face in starting and running a business.
- Categories
- Education
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CFAO Group Invests $3 Million in BasiGo to Boost East Africa’s Electric Bus Production
CFAO Group is building e-mobility ecosystem in East Africa by investing in green mobility startups through Mobility54.
- Categories
- Energy, Environment, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, scale, startups, venture capital
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Tunisia’s ANAVA Pledges $4.3 Million into Janngo Capital
The target is on early-stage tech and tech enabled startups that ensure Africans have better access to healthcare, financial services, and education.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Dodai Secures $4 Million Funding to Scale-up Electric Vehicle Production Amid Ethiopia’s Shift to Green Transport
The company plans to allocate 80% of the raised funds to import electric motorcycle parts and lithium batteries.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, scale, startups
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eWAKA Partners With Powerbase to Expand Its E-mobility Solutions in Kenya
Kenyan technology start-up eWaka has signed a deal with financial and energy company Powerbase to optimise the manufacture and marketing of its electric mobility solutions.
- Categories
- Telecommunications, Transportation
- Region
- Sub-Saharan Africa
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Nigerian Blockchain Fintech Startup Zone Raises $8.5 Million Seed
Zone, a Nigerian blockchain fintech has secured $8.5 million in a seed round led by Flourish Ventures and TLcom Capital.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, fintech, remittances, startups
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Float, a South African Buy-Now-Pay-Later Startup, Secures $11 million to Launch its Card-Linked Installment Platform
Float encourages responsible credit card usage and, at the same time, helps merchants to grow their sales.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Report: African Startups Raised $217 Million in February 2024
From a sector point of view, Logistics & Transport represented nearly half of all the funding, thanks to Moove, followed by Healthcare, Fintech, and Energy.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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