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Building Inclusion Into the Investment Process: Four Steps for Addressing Bias Against Women Startup Founders
While overall global funding for startups grew in 2020, women founders received 27% less investment than the previous year. The problem is particularly troubling in emerging markets, where only 11% of seed funding went to companies with a woman on their founding team in 2019. Akansha Kasera and Malika Anand at BFA's Catalyst Fund discussed the issue with two female venture capitalists, Lexi Novitske from Acuity Ventures and Lelemba Phiri from Enygma Ventures: They share four steps the investment industry should take to boost gender equity and reduce bias against women startup founders.
- Categories
- Investing
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Ghanaian Startup Jumeni Launches Waste Management Platform
Ghanaian startup Jumeni has launched a platform which allows individuals and businesses to access waste collection and recycling services via USSD, web or mobile app.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Analysis: How Governments Can Redesign Support for Entrepreneurs After COVID-19
In the wake of COVID-19, most governments face unprecedented unemployment. This is particularly challenging in developing economies, which lack robust social safety nets and where unemployment and poverty were pronounced before the pandemic.
- Categories
- Coronavirus, Health Care
- Tags
- employment, startups
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Kenya’s Kidato Raises $1.4 Million to Take Quality and Affordable Education Across Africa
Kidato is an edtech startup that brings education to students in the comfort of their homes using an online platform built around Zoom.
- Region
- Sub-Saharan Africa
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Brazil’s Positive Ventures Closes On $10 Million Fund for Impact Investing
Positive Ventures, a Sao Paulo-based venture firm, has secured $10 million for its latest fund.
- Categories
- Investing
- Region
- Latin America
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Kenyan E-Health Startup TIBU Raises Seed Funding Round to Help It Scale
Kenyan e-health startup TIBU, a digital platform that decentralises primary outpatient care to bring it directly to patients, has raised a seed funding round to help it scale its operations.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing, scale, startups
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Founders Factory Africa Partners With Small Foundation to Invest In 18 Agritech Startups
Johannesburg-based investment company Founders Factory Africa (FFA) today announced a partnership with Small Foundation that will see it select 18 agritech startups for an acceleration and incubation program.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Tribal Credit, Which Provides Credit Cards to Startups in Emerging Markets, Raises $34.3 Million
The B2B payments space has seen an explosion in demand, and investor interest, in the wake of the COVID-19 pandemic as businesses try to figure out how to pay each other digitally. The challenges become even more complex when dealing with cross-border payments.
- Categories
- Finance