Pangea to unlock diaspora inflows as funding source for African startups

Norway’s Pangea Trust, through its equity crowdfunding platform Connect, is unlocking diaspora remittance inflows as a source of funding for early and growth-stage startups in Africa. Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya,...

AWS launches new $30M accelerator program aimed at minority founders

Amazon Web Services (AWS) today launched a new program, AWS Impact Accelerator, that will give up to $30 million to early-stage startups led by Black, Latino, LGBTQIA+ and women founders. The Amazon company claims that the three-year initiative will help recipients...