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Featured: Impact Voices African agtech is boosting yields, protecting resources and raising incomes. Field drones. Harvesting robots. Big Data-driven farm insights. Innovative technological applications in agriculture can have a profound impact on farmers' role in addressing food insecurity, climate change and livelihoods. Global agriculture technologies are gathering pace quickly as both high-impact technologies and potentially lucrative investments. Most of the traction and capital is based in the U.S. In Africa too, which accounts for 60% of the world’s uncultivated arable land, agribusi...

Finja closes $9mln financing round Business December 31, 2020 KARACHI: Finja, Pakistan’s leading digital lending platform has closed $9 million of a $10 million series A1 financing round, a statement said. This latest round brought in a new investor, ICU Ventures. Other institutional investors include BeeNext, Vostok Emerging Finance, Quona Capital and Gray MacKenzie Engineering Services (a Descon company). Under the terms of the financing, the company has the flexibility to raise an additional $1 million as a part of this round. Finja subsidiaries operate under dual licensing regimes of ...

A few days back, we reported about Finja getting a much-needed approval from SECP to start pilot operations for their peer-to-peer platform. That was pretty much the news the Finja management was waiting for it seems as they have raised $9 million in a Series A1 round. The investment is led by a number of ventures including ICU Ventures, BeeNext, Vostok Emerging Finance, Quona Capital and Gray MacKenzie Engineering Services (a Descon company). With this first-of-its-kind support from both regulators, Finja has forged digital partnerships with banks, FMCGs, distributors, kiryana stores and sma...