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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
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Impact Startup Support (ISS) Initiative Launched in India
Aspire Impact, a social enterprise focused on impact leadership and ecosystem development in the social and environmental impact space, today announced its collaboration with Impact Hub, the world's leading network focused on building entrepreneurial communities for impact at scale.
- Region
- Asia Pacific
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Female-Led Startups Dominate Catalyst Fund’s Inclusive Fintech 2021 Cohort
Catalyst Fund, a global accelerator managed by BFA Global, announced the 8th cohort for its Inclusive Fintech Program today.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nigeria’s Cowrywise Raises $3 Million Pre-Series a to Scale Its Wealth Management Platform
Cowrywise, a Nigerian fintech startup that offers digital wealth management and financial planning solutions, has raised $3 million in pre-Series A funding. Quona Capital led the round as Tsadik Foundation, Gumroad CEO Sahil Lavingia, and a syndicate of Nigerian angel investors locally and in the diaspora participated. The company previously raised more than $500,000 through a combination of equity financing and grants.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, scale, startups
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These Investors Want to Back ‘Ridiculously Early’ Female-Led African Startups
In 2019, female-led companies received less than 5 percent of the global venture capital. Bringing it to Africa, only 10 percent of the West African startups that cumulatively raised $1 million had at least one female co-founder in the past decade.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- startups