-
Press release: World Tokenomic Forum Launches a Revolutionary Social Enterprise Venture Fund for Blockchain Related Technologies
World Tokenomic Forum is innovating the social enterprise venture fund model with its Sandcastle Social Enterprise Fund focused on early stage, protocol and decentralized application investments for cybersecurity, infrastructure, identity, payments, and social impact companies.
- Categories
- Technology
-
The rise and rise of African agri-tech
Agriculture is big business in Africa. The sector employs 65 per cent of the continent’s labour force, and accounts for 32 per cent of gross domestic product (GDP), according to the World Bank.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
-
Walmart is considering an investment in Flipkart to better compete in India
The two have reportedly negotiated on and off over the last two years, which led Reuters to report on talks between them in September 2016. A stake as big as 20% could be quite expensive for Walmart, which may be an obstacle in coming to an agreement this time around, according to Reuters’ sources.
- Categories
- Investing
- Region
- South Asia
- Tags
- startups
-
For India’s Farmers It’s Agtech Startups, Not Government, That Is Key
It’s been quite a challenge in recent decade in Indian agriculture, starved of financial resources and continuing neglect by the government, and is likely to become more difficult over the next few decades as weather patterns, available water and growing seasons shift further.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- agtech, climate change, data, startups
-
This Impact Investing Platform Was Set To Be A Game-Changer. So Why Did It Fail?
In order to scale, impact investing needs a platform that will make it easier for investors to connect with vehicles for their funds. ImpactUs promised to do that–but its failure shows that the space wasn’t quite as ripe for innovation as its founders had hoped.
- Categories
- Investing, Technology
-
Impact Investing Marketplace ImpactUs Shuts Down
“The ImpactUs Marketplace was formed with the goal of simplifying the impact investing process; providing impact investors, advisors, and institutions with solutions to accelerate the flow of capital to funds, companies, and projects that deliver community, societal, and environmental benefits. Unfortunately, we have had to make the difficult decision to cease operations,” reads a message on its web site.
- Categories
- Investing
- Tags
- ESG, impact investing, startups
-
Impact funding for Kenyan firms set to hit $1.2B
The rise of social impact investors — who invest in firms or projects that will have a wider social impact such as high job creation — is opening up an additional funding stream for start-ups which have traditionally relied on private equity and venture capital funds for financing.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing, startups
-
Uber rival Grab acquires Indian startup to bulk up its mobile payment platform
The deal — which is undisclosed — will see iKaaz’s engineering team join the Bangalore-based engineering office which Grab opened last year. The firm declined to say how many new recruits are moving over from iKaaz, but a spokesperson disclosed that Grab currently has 75 engineers in Bangalore with plans to grow the number to 200 before this year.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- digital payments, startups
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.