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Press Release: FINCA Launches the FINCA Ventures Prize for Social Entrepreneurs
FINCA International is launching the FINCA Ventures Prize to support social entrepreneurs who share FINCA’s steadfast commitment to ending global poverty.
- Categories
- Social Enterprise
- Region
- Global
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InDrive Launches Ventures and M&A Arm to Invest $100 Million in Startups Across Emerging Markets
InDrive will be investing vertically and horizontally from the ride-hail industry, with an eye toward either acquiring or using the services of those companies.
- Categories
- Investing, Transportation
- Region
- Global
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Bolt Food to Close South Africa, Nigeria Operations
Rising petrol prices, inflation and the economic downturn are some of the macro-economic factors negatively affecting the food delivery market.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, failure, startups
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Cognna Secures $2.25 Million in Seed Funding Led by Impact46
COGNNA, a trailblazer in cybersecurity within the Middle East and North Africa region, has completed a seed funding round, amassing over $2.25m.
- Categories
- Investing, Technology
- Region
- North Africa & Near East
- Tags
- cybersecurity, fintech, startups
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Nigeria’s UfarmX Expands to Senegal to Power Next Generation of Farmers Through Blockchain
Nigerian agri-tech startup UfarmX leverages blockchain technology to empower rural, unbanked and underserved smallholder farmers.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Shekel Mobility Secures $7 Million to Drive Vehicle Financing in Africa
Shekel Mobility, a B2B trading platform catering to car dealers in Africa, secured a $7 million seed in a round led by Ventures Platform and MaC VC.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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Norrsken22’s Debut Fund Closes at $205 Million to Back Growth-Stage Startups in Africa
Norrsken22’s target remains investing in approximately 20 startups. The fund’s typical investment ticket size averages around $10 million.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Sustainable Packaging Startup Fibmold Secures $10 Million Funding From Omnivore, Accel
The startup claims to manufacture the packaging items from natural fibers, including bamboo, bagasse, husk, wheat straw, or even waste paper depending on the end-use.
- Categories
- Investing, Technology
- Region
- Asia Pacific