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Courts Don’t Know What to Do About AI Crimes
Increasing adoption of AI is transforming Latin America’s justice system by helping tackle case backlogs and improve access to justice for victims. But it is also exposing deep vulnerabilities through its rampant misuse, bias, and weak oversight as regulators struggle to keep up with the pace of innovation.
- Categories
- Technology
- Region
- Latin America
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PayPal Commits $100 Million to Accelerate Digital Growth Across the Middle East and Africa
This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and technology deployments that will help local businesses scale, etc.
- Categories
- Technology
- Region
- Global
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Lisk’s $15 Million Fund Wants to Find WEB3 Unicorns in Emerging Markets
Their ticket sizes start at $250,000 for a first cheque. About 30% of the capital is reserved for follow-on rounds, with second cheques of up to $500,000. The maximum exposure per startup is capped at $750,000.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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IFC Commits USD $6 Million to Catalyst Fund’s USD $40 Million Africa Climate Tech Vehicle
The fund, managed by Catalyst Impact Partners Corp, will target pre-seed and seed companies in fintech for climate resilience, sustainable livelihoods, etc.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Mawingu Raises $20 Million to Expand Affordable Internet Across Rural Kenya
Mawingu’s model combines solar-powered wireless technology with a community-focused approach to bring down costs and overcome the logistical hurdles that have kept larger telecommunications companies out of these areas.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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A $3.7 Million Initiative aims to Advance Evidence-Informed Deployment of AI Solutions for Social Good in Africa
It will bring together AI solution developers, policymakers, civil society and social science researchers to fund research to generate evidence on the social benefits and harms of AI solutions in Africa and Asia.
- Categories
- Technology
- Region
- Global
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Zippi, a Brazilian Digital Credit Fintech, Raises Us$15.9 Million to Expand Credit Access for Micro and Small Businesses in Brazil
Securitized through FIDC and supported by Tiger Global, the capital will help double the credit offering to underserved entrepreneurs and SMEs.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- credit scoring, fintech, MSMEs, startups
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EU Announces $638 Million to Support Africa’s Clean Energy Transition
The funding will back projects in nine countries, targeting regional power infrastructure and rural access to clean electricity.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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