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Kuda Raises $25 Million More Led by Valar to Become the Neobank for ‘Every African on the Planet’
Challenger banks continue to make significant advances in attracting customers away from the big incumbents by providing more modern, user-friendly tools to manage their money.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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South Africa Fintech Startup Nomanini Raises $1.5m Funding Round
South African fintech startup Nomanini has raised a new round of funding worth US$1.5 million from new and existing investors to grow its team, invest in product development and scale its offering.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Farmer Connect Announced a $9 Million Series A Funding led by ITOCHU
Agritech company Farmer Connect, best known for its coffee blockchain traceability solution, has announced a $9m Series A funding led by ITOCHU, to help create sustainable food supply chains.
- Categories
- Agriculture, Technology
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Fund Worth $25-Million Launches for Early-Stage African Tech Startups
Savannah Fund, a technology seed fund focused on investing in early-stage startups across sub-Saharan Africa has announced the launch of a $25-million fund.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Facebook to Provide Grants to Four Women-Led NGOs
Facebook will provide grants to four early-stage women-led NGOs through Facebook Pragati that will focus on boosting women entrepreneurship through the adoption of digital skills and tools.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- NGOs, startups, women entrepreneurs
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Minu, a Mexico City-Based, Pay-on-Demand Startup, Lands a $14 Million Series A
Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class.
- Categories
- Finance, Technology
- Region
- Latin America
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Ag and Foodtech Startup Demetria Emerges From Stealth to Spearhead the Transformation of the Coffee Industry
Demetria, the first AI-powered taste and quality intelligence SaaS startup for the coffee supply chain, announced today it has emerged from stealth after closing a $3 million seed funding round led by LatAm-Israeli investor Celeritas and a group of private investors including Mercantil Colpatria, the investment branch of Grupo Colpatria, a leading player in the Colombian financial sector.
- Categories
- Agriculture, Technology
- Region
- Latin America
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Viewpoint: Investors are failing African entrepreneurs — it’s time for a change
Despite the global economic slowdown caused by COVID-19, the case for investing in Africa is stronger than ever.
- Categories
- Coronavirus, Energy
- Region
- Sub-Saharan Africa
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