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Nigeria’s Hello Tractor in AI, blockchain partnership with IBM Research
Nigerian agri-tech startup Hello Tractor has partnered IBM Research to pilot an agriculture digital wallet and decision-making tool that provides demand and supply visibility for farmers, tractor fleet providers and banks.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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As regulators turn sights on fintech, a Nigerian startup is first to secure credit rating
Indeed, payment startups facilitating online transactions in key African economies are increasingly getting validation with global payment giants including Mastercard, Stripe and Visa paying closer attention and investing in Nigerian fintech companies.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance, startups
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UNICEF Backs Blockchain Projects, Bitmain Shutters Israeli Development Center
The organization, which is the charity effort of the United Nations for children, is reportedly putting $100,000 toward the effort.
- Categories
- Technology
- Tags
- blockchain, cryptocurrency, startups
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The Philippines’ Voyager Innovations raises $175m from KKR and Tencent
In total, the company now has raised $215 million in funding since Voyager Innovations also secured $40 million from International Finance Corporation (IFC) and IFC Emerging Asia Fund last week.
- Categories
- Finance
- Region
- Asia Pacific
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Are the days of the African unicorn numbered?
Hopes of seeing an African unicorn on the horizon have been floated around for years, but increasingly, investors are changing their focus. The emerging consensus is that Africa needs to forget about “mythical” unicorns, and focus on building more successful local companies.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- startups
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Inexpensive Impact: The Case for Frugal Innovations
Over 4 billion people around the world lack necessities like food, water, energy, health care and housing. This represents not only a major social challenge but a major market, as low-income consumers have an annual purchasing capacity of US $5 trillion. Rajat Chabba and Sheena Raikundalia at Intellecap explore how entrepreneurs are developing innovative, frugal products to meet these customers’ needs – and why an ecosystem approach is needed to help them scale their solutions.
- Categories
- Technology
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Nigeria’s Central Bank could hamstring local fintech startups with costly new regulation
In a draft policy document, CBN recognized products by fintech companies are “gaining acceptance” but argued their emergence would heighten existing risks in the financial system.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, public policy, regulations, startups
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Press release: Alipay Teams with NUS Enterprise to Launch Social Innovation Challenge
The Alipay-NUS Enterprise Social Innovation Challenge aims to identify and support the growth of start-ups in Southeast Asia that are using digital technology to build a more inclusive society.
- Categories
- Uncategorized