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South Africa’s Payments Startup Stitch Raises $55 Million Series B Funding
The funding will help Stitch invest in infrastructure that enable the flow of money including payment processing networks, etc.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Arnergy Raises $18 Million to Scale Solar Lease Plans as Fuel and Grid Costs Soar
The capital injection will be deployed to support Arnergy’s ambitions to install more than 12,000 additional solar energy systems by 2029.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Latin America-Based Corporate Travel Startup Onfly Raises $40 Million
"Onfly, founded in 2018, aims to streamline and digitize corporate travel and expense management . . . "
- Categories
- Investing
- Region
- Latin America
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Global Off-Grid Solar Investment Falls 30% Year-On-Year to US $300 Million
This project is a US$750 million investment from the World Bank to improve Nigeria’s energy gap, with US$300 million earmarked for off-grid solar in particular.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Ex-network International Execs Raise $6.75 Million for Enza, an African Fintech Serving Banks
The fintech, which has raised $6 million in seed funding, is building infrastructure for banks and fintechs, offering a range of local payment solutions, from cards to wallets to real-time payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, infrastructure, MSMEs, scale, startups
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Analysis: Are Accelerators on Borrowed Time?
The top-down and bottom-up pressures are only building on an accelerator model that for years now has been driving in neutral rather than innovating as its portfolio companies are told to strive for.
- Categories
- Investing
- Region
- Global
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How To Find Funding In Latin America, From A Latin American Startup CEO
Latin America is a collection of distinct countries with significant regulatory, operational and cultural differences, making scaling and attracting investment harder.
- Categories
- Investing
- Region
- Latin America
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Viewpoint: Entrepreneur as Agent of Social Impact and Its Implications on Development Work
Development work often requires long-term, patient processes that involve gradual community engagement, trust-building, and the slow but steady implementation of programs that address root causes rather than just symptoms.
- Categories
- Investing
- Region
- Global
- Tags
- impact investing, scale, SDGs, startups, systems change
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