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How Spotify Helped Turn Afrobeats into a Global Phenomenon
The Swedish music giant is pushing to make Africa’s biggest sound the world’s favorite sound.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Injaro Raises $17.5 Million Fund to Support SMEs in Ghana and Ivory Coast
The company plans to utilize the fund to invest in leading small and medium-scale businesses (SMEs) in Ghana and Cote d’Ivoire.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, venture capital
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Africa’s Ed-Tech Sector Has Unlimited Potential, but Lack of Funding Holds It Back
Sub-Saharan Africa has the highest rates of education exclusion of the six developing world regions, according to the World Bank.
- Categories
- Education, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- edtech, scale, venture capital, youth
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Uganda-Based Electric Cooking Startup PowerUP Announces Successful Initial Close of its Seed Round
PowerUP is at the forefront of transforming cooking habits in Africa, introducing households to a new era of clean and efficient electric cooking.
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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Should I Stay or Should I Go?: Why Latin American Entrepreneurs Should Stay in the Region — And How Corporate Venturing Can Power Their Growth
Many young entrepreneurs in Latin America are leaving the region to pursue their entrepreneurial journey abroad. International legal advisor Eugenia Di Marco explores the reasons behind this decision, and discusses a promising source of support that could convince them to stay: corporate venturing — i.e., investments and initiatives aimed at supporting external innovation and building a vibrant business ecosystem where startups can thrive.
- Categories
- Investing, Technology
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African Tech Startup Investment Falls 28% to $2.4 Billion in 2023 as Global “Funding Winter” Begins to Bite
This is the first time the sector, which has expanded so exponentially in the last few years, has declined since 2016.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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How African Startups Raised Funding in 2023
With equity funding becoming rare, several startups found it hard to survive, leading them to either cut down their teams or scale down operations and, in some cases, close shop.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: ArcTern Ventures Announces USD $335 Million Fund III Focused on Global Decarbonization
Primarily focused on the North American and European markets, ArcTern is committed to deploying its funds in ways that maximize the abatement of greenhouse gas (GHG) emissions over the lifespan of the fund.
- Categories
- Energy, Investing, Technology
- Region
- Global