Africa
7 articles
Governments Boost Venture Capital in Emerging Markets with New Funds
In 2023, government-backed funds in Southeast Asia committed a staggering $15 billion to venture capital, a 40% surge year-over-year, according to Asian Development Bank.
Africa's Digital Skills Gap: Why It Matters for 2030 Growth
By 2030, Sub-Saharan Africa is projected to have 230 million digital jobs, yet its educational systems are largely failing to prepare students for these roles.
Egypt and Afreximbank Discuss New Cooperation for African Startups
Amidst discussions to bolster African entrepreneurship, Egypt and Afreximbank are exploring a novel 'Gold Bank' in Egypt.
Africa's Digital Growth Blueprint: A Model for Global Innovation
BioNTech's $440 million acquisition of InstaDeep in 2023 confirmed Africa's deep tech ecosystem as a globally recognized player.
West Africa's Digital Payment Surge Accelerates Financial Inclusion
By 2021, over 500 million people in Africa were using mobile money services, according to rsisinternational.
3IF Ventures Secures $12M First Close for African Insurtech Fund
3IF Ventures secured $12 million in its first close for an African insurtech investment fund.
Japanese Giants Back Novastar Ventures' $147M Fund for African Startups
Novastar Ventures has secured $147 million for its third Africa-focused fund, backed by major Japanese corporations including Mitsubishi and Toyota Ventures. This significant investment will fuel impact-driven and climate-focused startups across the continent.