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Oxfam Novib and Goodwell target East African startups with €20M Pepea fund

TechCrunch

Impact investor Goodwell Investments and Oxfam Novib , a Dutch foundation and Oxfam International affiliate, have set up Pepea, a €20 million ($21.7m) fund, to provide financing to early-stage startups in Kenya, Uganda, and Ethiopia.

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Sudan’s first YC-backed startup is helping consumers protect and grow their wealth

TechCrunch

The region happens to be one of the fastest-growing globally; nevertheless, over 200 million people in East Africa do not have access to a bank account or mobile money. The country witnessed its first foreign investment only last year when Fawry backed fintech Fawry e-commerce player Alsoug after 30 years of international sanctions.

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Measurement Wisdom for Nonprofits from Bill Gates

Beth's Blog: How Nonprofits Can Use Social Media

“Yet while measurement is critical to making progress in global health, it’s very hard to do well. Like Marion Conway, I was struck by this photo of him pointing to data handwritten on the walls = tracking immunization records from a rural health clinic in Ethiopia. ” 2. Use Measurement To Improve Results.

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Sudanese fintech Bloom nabs $6.5M, backed by Y Combinator, GFC and Visa

TechCrunch

based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. The investment from Visa came as one of the incentives for Bloom’s participation in the global card scheme’s Fintech Fast Track Program. This investment is coming after the startup’s undisclosed pre-seed round last year.

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Could this rare bean be the solution to the global coffee crisis?

Fast Company Tech

Discovered more than a century ago in South Sudan, excelsa coffee is exciting cash-strapped locals and drawing interest from the international community amid a global coffee crisis caused mainly by climate change. It receives financial support for global health and development coverage in Africa from the Gates Foundation.

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Clouds of international development information

Forum One

Owen is based in Ethiopia; his wife works for an NGO that builds clinics. For me the highlight of the event (though there were many highlights) was a talk given by Owen Barder of AidInfo. He spoke of his vision for a "cloud of aid information".

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Sequoia picks its horse in the consumer carbon offset market, leading a $2.5 million round for Joro

TechCrunch

After scoring a job at the development firm Dalberg, then working in India and Ethiopia, Pal returned to the U.S. While that only leads to roughly 4% reductions in global carbon emissions, it reduces about 1,200 pounds of carbon emissions. Sequoia Capital has internal crash courses for its founders — here’s how they work.

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