ImpactAlpha, April 6 – Hundreds of millions of smallholder farmers in East Africa are facing not only COVID, but also the worst locust swarm in decades. Most of their farmland is uninsured; when they lose crops, they lose income. Netherlands-based agtech company VanderSat uses satellite data to analyze farmland conditions using microwaves, rather than images.
If a whole generation of mission-driven enterprises go under in the looming recession, it will take years if not decades to rebuild the ecosystem.
Blue Planet Environmental Solutions secured $25 million from investment bank Nomura to divert waste in Asian markets from the landfill.
A new entity, Hummingbird Impact, will absorb EWB Ventures' portfolio and add new impact tech investments with a gender lens.
ImpactAlpha, March 11 – Africa’s healthcare systems are wrought with inefficiencies. The startup Field Intelligence is addressing the availability of pharmaceuticals with software that helps pharmacies forecast, manage and finance drug orders. The four-year-old company has raised $3.6 million in its first round of outside capital. Leading the round was Blue Haven Initiative, the family
Khazna is offers mobile and online bank accounts and salary advances to Egypt's 20 million underbanked.
Female fund managers, who are apt to invest in female entrepreneurs, deliver greater impact on women and their communities.