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Press release: Earth Day: Joining Forces to Get Renewable Energy to 1 Million Tanzanians
WE SOLVE is committed to improving employment and economic opportunities for women and providing access to clean energy in rural Tanzania.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, SDGs
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Africa’s Startup Ecosystems Are at a Major Turning Point
Back in 2015 the then-African Internet Group (now Jumia) would have been among the few African startups worth a closer look from US tech investors for an international play.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
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MIT D-Lab Awards Fellowships to Six East African Social Entrepreneurs
“We are excited to work with a vibrant cohort of East African entrepreneurs whose expertise is grounded in their lived reality,” says Jona Repishti, who manages the fellowship. “Working with local founders has certain advantages — they reflect the demographics of the markets they serve; their lived experience helps them identify unique, scalable, market-based solutions overlooked by outsiders."
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Venture capital funds are starting to make bigger bets on African startups
Funding has long been a challenge for African startups but the tide has started to turn in the last year as the sector heats up and both investors and entrepreneurs start to see some of their long term efforts come to fruition.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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This Kenyan Company Won a Major Fashion Award for Making Fabric from Nettles
Green Nettle won the award along with four other firms that made expanding children’s clothes (United Kingdom), a biodegradable vegan leather (Peru), a digital system that helps make garments recyclable from sketch to scrap (Germany) besides a toxic-free membrane for outdoor wear (Switzerland).
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Jumia: ‘Africa’s Amazon’ in Landmark Stock Market Listing
Shares in Africa's largest e-commerce firm have debuted on the New York stock market, which could see other tech start-ups on the continent follow suit.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
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Nigeria Establishes Mobile Money Agents Loan Scheme
The Central Bank of Nigeria announced it would facilitate loans of up to NGN500 million ($1.4 million) to mobile money agents and registered companies in the sector as part of a plan to boost financial inclusion.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Cathay Innovation and AfricInvest to Raise $168m Africa VC Fund
Barrier could not say when the fund would be closed, but did confirm investments could come as early as summer 2019. He expects to see strong local showing for startups from across Africinvest’s 10 country offices in Abidjan, Algiers, Cairo, Casablanca, Dubai, Lagos, Nairobi, Paris, Port Louis and Tunis. The firm will open an office in Johannesburg in the near future, according to a company release.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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