World

6 reasons to invest in startups from Ukraine

For more than three months, Ukraine has been at war with Russia. That might look like a red flag from an investor's perspective, but everything is not so black and white in the country's tech sector.

Portuguese VC Faber to launch Faber Blue, a €30M fund for ocean sustainability

Portuguese VC Faber is launching a new fund, Faber Blue Pioneers I, to invest in early-stage startups — primarily from Portugal and Southern Europe — developing innovative “deep tech sol

BuffaloGrid and Techfugees launch education, solar charging initiative for refugees, aim to raise $3M

BuffaloGrid, a startup that provides phone charging and digital content to people in off-grid environments, is teaming up with the Techfugees refugee nonprofit to provide free educational content and

Diginex launches ESG reporting platform aimed at small businesses

As ESG reporting goes up the agenda for large companies, it’s also increasingly doing so for smaller companies as well. But right now, tracking things like your company’s CO2 emissions is mainly t

Opera’s OPay still plans Africa expansion on Nigerian super app

Opera’s Africa fintech startup OPay remains committed to building a multi-service super app in Nigeria as the foundation to expand on the continent. OPay also continues to operate ORide for limi

WHO Africa hosts hackathons, offers seed funds to fight COVID-19

The World Health Organization in Africa is holding virtual hackathons and offering up to $20,000 in seed-funds to finalists with digital solutions to stem COVID-19. The regional office of the UN agenc

Jumia adapts Pan-African e-commerce network in response to COVID-19

Pan-African e-commerce company Jumia is adapting its digital retail network to curb the spread of COVID-19. The Nigeria headquartered operation — with online goods and services verticals in 11 Afric

CcHub funds tech to curb COVID-19 on concerns of an Africa outbreak

Africa’s largest innovation incubator, CcHub, will offer funding and engineering support to tech projects aimed at curbing COVID-19 and its social and economic impact. The Lagos and Nairobi base

Africa Roundup: Trump’s Nigeria ban, Paga’s acquisition and raises, Flutterwave’s $35M and Sendy’s $20M

The first month of the new year saw Africa enter the fray of U.S. politics. The Trump administration announced last week it would halt immigration from Nigeria — Africa’s most populous nation with

Trump to halt immigration from Africa’s top tech hub, Nigeria

The Trump administration announced Friday it would halt immigration from Nigeria — Africa’s most populous nation with the continent’s largest economy and leading tech sector. The restric

Nigeria’s Rensource raises $20M to power African markets by solar

Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company builds and operates solar-powered micro-ut

China reaches 800 million internet users

China’s internet population has now grown beyond 800 million, according to the latest data from the Chinese government. A new report [in Chinese] issued by the China Internet Network Information

Healthcare data breach in Singapore affected 1.5M patients, targeted the prime minister

In what’s believed to be the biggest data breach in Singapore’s history, 1.5 million members of the country’s largest healthcare group have had their personal data compromised. The b

Africa Roundup: African startup investments turn to fintech this winter season

Forty-seven and a half million dollars is a big commitment to African technology companies -- even with the recent uptick in VC investment on the continent.

ispace just raised $90 million to launch two private moon missions by 2020

Japanese company ispace has raised $90.2 million in a Series A funding round, an amount it’s calling the “largest ever” Series A in commercial space financing. The funding comes from

Tech In Asia raises $6.6M led by Korean conglomerate Hanwha

Tech In Asia, the Singapore-based media and events startup, has closed $6.6 million in fresh funding. The lead investor is a name that may not be too familiar to regular readers (yet) and that’s

East Ventures announces new $30M fund to continue investing in Indonesia

East Ventures is back at it again with another new fund to invest in early-stage companies in Indonesia, Southeast Asia's largest economy and the world's fourth most populous country. This new $30

Uber’s Asian rival Grab loses its head of engineering

Grab may be in the process of raising a huge $2.5 billion investment round, with SoftBank, Didi and Toyota confirmed as participants, but Uber’s Southeast Asia-based rival has lost its head of

This startup is bringing Alipay-style QR code payments to Indonesia

The growth of digital payments and banking in China, where it has become mainstream and spawned numerous on-demand industries, is inspiring companies to pursue similar opportunities across. Indonesia

Chinese brands have invaded Indonesia’s fast-growing smartphone market

If you’re looking for a market with smartphone sales growth potential then India usually comes to mind, but the market is moving forward with much promise in Indonesia, the world’s fourth
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