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ClimaFii Alliance Announces First Cohorts of Climate-Smart Solutions
The ClimaFii (Climate and Finance Innovations) Alliance was launched in January to bring financing and sustainable energy solutions to microenterprises across India and sub-Saharan Africa.
- Region
- Global
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Yali Capital Raises $104 Million in Debut Deep-Tech Fund in India
Overall, Yali Capital is bullish on six sectors within deep tech: chip design, aerospace and surveillance, robotics, genomics, artificial intelligence, and smart manufacturing.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- data, startups, venture capital
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Foxmont Secures $30 Million First Close for Fund III, Anchored by Dutch DFI
With Fund 3, Foxmont welcomes two new institutional investors with the first close.
- Categories
- Finance
- Region
- South Asia
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HAVAÍC Reaches $25 Million Second Close for African Tech Fund
The fund, targeting a final close of $50 million, focuses on early-stage, post-revenue technology startups born in Africa with global potential.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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W Health Ventures Unveils $70 Million Fund II to Ignite Healthcare Startups
The newly established Fund II aims to support between eight to ten startups over the next four years.
- Categories
- Health Care
- Region
- Asia Pacific
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M-Kopa Lawsuit Alleges Racial Disparity in Employee Equity, Firm Says Claim Is Baseless
". . . if the case proceeds, it could set a precedent for how employee equity is handled and how local courts view the responsibilities of global investors and holding companies operating in the Kenyan market."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Wave Raises $137 Million in Debt to Expand Mobile Money Services Across Africa
Wave's mobile-first approach, centred on low fees, has helped bring millions of previously unbanked individuals into the formal financial system.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Paymenow Bags $22.4 Million to Expand On-Demand Salary Services Across Africa
The funding, structured under a sustainable finance format, is one of the largest institutional bets to date on the earned wages access (EWA) model in the region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, lending, scale, startups
