South African startup Sugar introduces insurance product for rural area settlements Sugar, a South African startup has introduced an insurance product that focuses on homes in townships, rural villages, and informal settlements. Sugar’s insurance policy covers the structure and contents of a home. Its services also include geysers and

Abwaab, MENA’s latest online learning platform raises $2.4M pre-seed funding round. Abwaab’s $2.5M pre-seed round was kicked off by Adam Tech Ventures and joined by Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund (“ISSF”). The startup plans to use this funding to develop its

Quona Capital, a venture firm focused on financial inclusion has closed Its Accion Quona Inclusion Fund with $203 million. The venture earned the $203 million from leading investors which includes; global asset managers and insurance companies, investment and commercial banks, as well as university endowments, foundations, family offices, and development

Facebook is developing its own operating system that could one day reduce the company’s reliance on Google’s Android, according to a new report by The Information. Development is currently being led by Mark Lucovsky, a Microsoft veteran who co-authored the Windows NT operating system. The report provides a