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IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Entrepreneurs in Africa Win $400,000 to Fight Poverty
Inaugural FINCA Ventures Prize Competition Supports Women and African Entrepreneurs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: African Startups and Investors Must Now Make a Case for Their Existence as Funding Dries Up
With individuals and investors flush with cash, the standards for raising venture capital fell, and many startups that would not have otherwise raised venture capital did.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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Scrut Automation Raises $10 Million to Enter New Markets, Incorporate GenAI Use Cases in India
Scrut Automation helps tech-first mid-market enterprises build scalable GRC programmes aligned with their goals, risks and resources.
- Categories
- Investing
- Region
- Asia Pacific
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Breaking Barriers, Building Futures: How Supporting Women-Led MSMEs Can Boost Empowerment and Drive Job Growth in India
Small businesses — especially women-led micro, small and medium enterprises (MSMEs) — are emerging as pivotal drivers of economic growth in India. According to Umesh Singh at Tara Candles, these MSMEs can play a key role in boosting employment — but to do so, they’ll require more support. He explores how women-led MSMEs are creating jobs and promoting inclusive growth, and discusses how the government and other stakeholders can help women entrepreneurs overcome the challenges they face in starting and running a business.
- Categories
- Education
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CFAO Group Invests $3 Million in BasiGo to Boost East Africa’s Electric Bus Production
CFAO Group is building e-mobility ecosystem in East Africa by investing in green mobility startups through Mobility54.
- Categories
- Energy, Environment, Transportation
- Region
- Sub-Saharan Africa
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Tunisia’s ANAVA Pledges $4.3 Million into Janngo Capital
The target is on early-stage tech and tech enabled startups that ensure Africans have better access to healthcare, financial services, and education.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Dodai Secures $4 Million Funding to Scale-up Electric Vehicle Production Amid Ethiopia’s Shift to Green Transport
The company plans to allocate 80% of the raised funds to import electric motorcycle parts and lithium batteries.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- electric vehicles, scale, startups
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