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Ajim Capital Launches $10 Million Fund to Invest in African Startups
Ajim Capital, a venture capitalist firm based in the US has launched a $10 million fund to invest in African tech startups allowing entrepreneurs to focus on growing their businesses.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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South Africa’s RecoMed Raises $1.5 Million To Scale Its Online Healthcare Marketplace
South African online healthcare marketplace RecoMed has raised a $1.5 million financing round, the company confirmed to TechCrunch.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Interview: Can Business Solve Global Problems? Lessons From Abraaj
Devex spoke with Simon Clark, a reporter for The Wall Street Journal who covered the story and recently co-authored a book about it, titled “The Key Man: The True Story of How the Global Elite Was Duped by a Capitalist Fairy Tale.”
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Verto Picks up $10 Million for Cross-Border Payments Play in Emerging Markets
Verto, a global B2B payments platform allows small and medium-sized enterprises to make payments to their suppliers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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This Neobank for India’s Small Businesses Just Raised $31 Million Led by Sequoia Capital
FloBiz, focused on small and medium businesses in India, has raised $31 million in a Series B funding round, led by venture capital firm Sequoia Capital India, along with Think Investments.
- Categories
- Finance
- Region
- Asia Pacific
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LoftyInc Capital Launches Third Fund at $10 Million for a More Diverse Portfolio of African Startups
LoftyInc Capital, a pan-African VC firm, announced that it is launching its third fund for tech startups in Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, fintech, startups, venture capital
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Going Beyond Capital: How Impact Investing Can Become More Accessible and Inclusive
There's a troubling trend in the impact investing sector: Despite growing awareness of the need for more socially conscious investing, most investors don't know how to get started — and they often don't realize the breadth of opportunities they have to make an impact. Eva Yazhari of Beyond Capital Ventures explores ways to make this young industry more accessible, and explains how investors can — and should — address the bias and exclusivity that are preventing impact investing from maximizing its potential.
- Categories
- Investing
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Kenyan Influencer Marketing Startup, AIfluence Nets $1 Million in Seed Funding for Regional Expansion
With this funding, the startup plans to expand to the rest of Africa, the Middle East, and Asia by the end of 2021.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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