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United Nations Development Program Allocates $1 Billion to African Startup Hubs
The African startup ecosystem continues to boom despite ongoing economic crises and long-standing structure issues related to education and training, funding, and infrastructure.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, startups
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SG-Headquartered E-Commerce Startup Graas Snags $40 Million in Series A
The funds raised will be channeled towards expanding its operations and headcount across Southeast Asia and India.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- e-commerce, edtech, startups
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Layoff Wave: Startups Failing in India? How Entrepreneurs Can Evade the Collapse
There are many reasons that lead start-ups to fail. The question is why are startups failing in India and how entrepreneurs can avoid it?
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- Uncategorized
- Region
- Asia Pacific
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Pastel Locks in $5.5 Million Seed Funding Led by TLcom to Optimise African SMEs
80% of Nigeria’s 40 million micro, small and medium enterprises (MSMEs) fail to last beyond their fifth year, owing to a lack of digitisation and sub-optimal business practices.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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CoinSwitch Launches $10 Million Web3 Discovery Fund to Invest in Early-Stage Indian Startups
The fund will invest in and incubate early-stage startups building blockchain solutions for the evolving Web3 landscape in India.
- Categories
- Investing, Technology
- Region
- Asia Pacific
- Tags
- blockchain, cryptocurrency, startups
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Goldman Sachs Group Lends $150 Million to Clara to Meet Latin America Firms’ Need for Loans
The funding will help to meet Latin American corporations’ need for loans and assistance with spending management across the region.
- Categories
- Finance
- Region
- Latin America
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African Central Banks Are Toughening up on Flutterwave Signaling What Other Startups Should Expect
In Ghana, the company’s relationships with banks are being reviewed as part of a surveillance of the financial system.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- governance, remittances, startups
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Dezerv Raises $21 Million in Funding Led by Accel
Portfolio management startup Dezerv has raised USD 21 million in Series A funding led by Accel to drive funding to working professionals.
- Categories
- Investing
- Region
- Global