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Analysis: Funds Are Emerging to Back African Female Tech Founders
Globally, less than 5% of venture capital went to female-led startups in 2019.
- Categories
- Technology
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Kenyan Energy Startup, SunCulture Obtains $11 Million for Its Solar-Powered Irrigation Expansion Across Africa
SunCulture, a solar irrigation startup headquartered in Nairobi, Kenya, has received an $11 million line of credit to expand its operations across sub-Saharan Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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When Economies Turn Down, Entrepreneurs Turn Up: How COVID-19 Has Spurred Nigerian Businesses to Build for an Inclusive Future
The COVID-19 crisis has devastated lives and livelihoods around the world. But as Eloho Omame at Endeavor points out, it has also re-shaped economies in more positive ways, revealing businesses' weak spots, areas for improvement and inefficient processes. She explores the impact this is having on Nigeria’s innovation ecosystem, where entrepreneurs have built or adapted business models that have saved lives, created jobs, and contributed to economic prosperity and the digitization of the economy.
- Categories
- Coronavirus
- Tags
- COVID-19, innovation, scale, startups
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Analysis: What’s Ahead? Southeast Asia Startup and Venture Capital Ecosystems 2021
Venture Capitalists (VCs) believe in capitalizing on disruptive innovation and developing technologies to displace older technologies, create new markets, and prepare the world for unexpected situations (e.g., global pandemics)–even if not all the startups and industries that VCs invest in may do so.
- Categories
- Investing, Technology
- Region
- South Asia
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Kenyan Recycles Plastic Waste Into Bricks Stronger Than Concrete
“Our product is almost five to seven times stronger than concrete,” said Matee, the founder of Nairobi-based Gjenge Makers, which transforms plastic waste into durable building materials.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Indian Health Tech Startup Phable Raises $12 Million to Serve Patients With Chronic Conditions
Hundreds of millions of people in India suffer from chronic diseases. One of the biggest challenges they face is the volume of transactions they have to manage each day. There are appointments with doctors and labs for tests, purchasing of medicines, medical devices and insurance, and keeping a log of their test results.
- Categories
- Health Care
- Region
- Asia Pacific
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Two Former Coinbase Employees Are Building a DeFi Lending Protocol for Emerging Markets
A pair of former Coinbase employees are launching a new protocol that aims to advance one of the DeFi space’s primary use cases — decentralized lending — in the world’s emerging markets.
- Categories
- Finance, Technology
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Nigerian Fintech Startup, Cowrywise, Raises $3 Million Pre-Series a Funding Led by Quona Capital
Nigerian wealth management startup, Cowrywise, has announced that it has raised $3 million pre-series A funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa