This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This is totally the “how sausage and law are made” view, so don’t read this unless you want to know more about global accessibility in detail! WIPO has a mandate from its member states, and is working to address the need to change laws and get more accessible books flowing.
Bento , Nigeria’s digital payroll and human resource management platform is expanding to Ghana, Kenya and Rwanda with plans to set up operations in six other markets in Africa over the next one year. In its next phase of expansion, Bento is eyeing Egypt, South Africa, Uganda, Tanzania, Angola and Ethiopia by the end of next year.
Kuda is currently making some strategic changes to serve its customers better and continue to make financial services more accessible, affordable and rewarding to every African,” said the four-year-old company, citing reasons for the layoffs.
Redbird , a Ghanaian healthtech startup that allows easy access to convenient testing and ensures that doctors and patients can view the details of those test results at any time, announced today that it has raised a $1.5 They both settled that pharmacies in Ghana needed to imbibe the world of medical testing.
An alternative payment network with connected wallets allowing a mobile money user to transact with a bank account would fix this problem, and that’s the premise of Ghana-based fintech Dash. Instead, its wallet allows users to access a plethora of services they can’t find on their traditional provider.
OZÉ , a Ghanaian fintech startup that provides digital recordkeeping tools with embedded finance products to medium and small businesses, has raised a $3 million pre-Series A round. But also really pushing towards what’s possible for business owners in Ghana and Nigeria, who has a smartphone in their pocket.”.
While we’re extremely proud of our achievements in the field of accessibility and disability rights, we know that we’ve just scratched the surface of what we could possibly do to bolster parity of access to information by people with disabilities. We’re making securing new funding for Bookshare’s international expansion a top priority!
The tech startup plans to use its network of pharmacies to build what they describe as a digital primary care service. Patients in Ghana, Nigeria, Kenya, Zambia, Malawi, Rwanda, and Ethiopia, where mPharma has a presence, are set to benefit from the virtual consultations. The health start-up received $1.1
Not only does this limit investors’ access to high-growth securities, but it also limits access to capital that has grown in leaps and bounds over the past couple of years. That was the year MTN Ghana, a local telecom operator, went public in the West African country after raising about $237 million. “I
A large percentage of these adults are unbanked and underbanked; thus, they don’t have access to credit and can’t afford important purchases outright. Six years ago, it was heavily focused on East Africa, but having pulled out of Tanzania, M-KOPA is present in Kenya, Uganda, Nigeria and Ghana.
Sub-Saharan Africa’s share of the global population without access to electricity stood at 77% in 2020, according to reports. Africa is home to the fastest growing cities in the world, but when most people think of energy access in Africa, they think of the rural areas with little or no access to electricity at all.
Merchants also struggle to access finance to perform cross-border trade in the continent. A couple of digital freight companies are tackling this problem, like Nigerian-based MVX. What followed was the launch of MVXtransit, a digital freight booking platform, helping cargo owners find deals on moving containers across Nigeria.
While Africa’s health systems are still reeling from the effects of the COVID pandemic, the adoption of digital health services has been revved in some countries. These startups digitize the supply chain and distribution to providers. “The However, a particular segment has achieved scale faster within the past year.
The startup told TechCrunch that it will use the funding to enter Ghana and Egypt by the end of the first quarter of 2022, and other additional markets in Francophone, East and Southern Africa by the close of the same year. It became clear that the fundamental issue that drivers face is consistent access to vehicles.
There’s no shortage of digital banks in Nigeria and, in general, in Africa. In the latest development, Umba , a digital banking platform operating in Lagos, Nigeria, has raised $15 million in Series A funding. So, in addition to getting a no-fee current account, free payments and bill payments, Umba users can access loans.
Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one. A wave of disruption of digitizing informal retail stores is sweeping across emerging markets this year, and Chari is joining in on the action. Amenli (Egypt). Chari (Morocco). seed round.
Remedial Health has secured $1 million in pre-seed funding to digitize pharmacies and stem the supply of fake and substandard pharmaceutical products, starting with Nigeria before expanding to the rest of Africa. Other notable startups in the space are Kenya’s MyDawa, Ghana’s mPharma and Nigeria’s DrugStoc.
Joseph Heller is a small businesses expert and the CEO of Supplied , a wholesale platform for small businesses and brands that makes it easier for boutique owners to access high-quality, affordable items. Those closer to the concentric circles of venture capital know that venture capital exists and they know how to access it.
With millions of Nigerians using danfo minibuses and okadas to commute to their various workplaces and destinations, mobility startups have sought to digitize the market. Some of its other features include live bus tracking, optimal routing based on traffic and digital payments, the company said. Image Credits: Shuttlers.
The funding comes at a time when Farmerline, which has operations across Ghana, is setting up shop in Ivory Coast as it continues its expansion across West Africa. The logistics network also supports farmers to quickly access markets for better incomes and to reduce post-harvest losses and waste.
Lami is an insurance platform and API that enables more individuals and businesses to access insurance coverage. Power allows gig and salaried workers access to earned wages and other financial services, and contribute to savings via partner banks. .
Boampong founded the Ghanaian fintech in 2019 and is one of Africa’s well-known serial entrepreneurs after co-launching OMG Digital , a YC-backed Ghanaian media startup, in 2016. Last March, the Ghana-founded and New York–headquartered Dash raised $32.8 Kinyua assumes the role of interim CEO.
million pre-seed funding to enable users grow their revenue streams through digital collectibles. The startup’s marketplace, Ayokenlabs , will feature digital collectibles from musicians, sports brands and influencers from all over the world. They get instant access to millions of people all around the world at the touch of a button.
and Nigeria-based company, which has built a distributed remote team across Nigeria, Ghana and Kenya, says it’s working to democratize Africa’s highly fragmented payment system by leveraging blockchain-based solutions. Chief executive officer Ruth Iselema founded the Africa-focused blockchain payments startup in 2019.
MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five additional markets across Africa to grow RejaReja — its retailer ‘super app’ that makes it possible for informal merchants to order and pay for inventory digitally, accept payments for utility bills, and access financing for their businesses.
study suggests that while sub-Saharan Africa has the potential to increase (even triple) its agricultural output and overall contribution to the economy, the sector remains untapped largely due to lack of access to quality farm inputs, up to par infrastructure like warehousing and market. A McKinsey and Co. million pre-Series A funding.
According to research, 85% of African SMBs have zero access to financing, and e ach day, African SMBs have billions locked up in receivables due to long payment cycles. ” In 2016, OMG Digital was one of the first African companies accepted into Y Combinator. TC: I’m tempted to call Float a digital bank for small businesses.
All these while increasing access and affordability to quality medication. Patients in Ghana, Nigeria, Kenya, Zambia, Malawi, Rwanda and Ethiopia, where mPharma has a presence, now have access to the virtual services.
The idea for the YC-backed Ghanaian fintech came during the chief executive’s time at OMG Digital, a media company he founded that also got into YC , in 2016. “We For Float, it prides itself on giving businesses access to financial and software services simultaneously. That threw me into solving those problems with Float.”.
Micro, small and medium-sized enterprises (MSMEs) across Africa make up the bulk — over 90% — of businesses in the continent but are still marginalized in accessing credit from formal institutions because of the nature of their operations; for instance, many often lack the kind of collateral that is acceptable by banks.
But when it comes to being a software engineer or digital skills, you really don’t,” said the CEO. “We They can access the platform’s first-semester content for free and practice. The company’s model is akin to BloomTech’s (formerly Lambda School). You might need a BSc if you want to be a doctor or nurse and some of these other skills.
It supports 10 digital assets, including Bitcoin, Ethereum, Solana, Polygon, Axie Infinity and USD-backed stablecoins USDC and USDT, and plans to expand to over 50 assets in the coming months. It also recently expanded into Nigeria, Ghana and Vietnam, among other markets.
Because many of them, particularly in the two-wheeler space, lack access to some financial services, being contractors is disadvantageous. And we saw that we were perfectly placed on building a fintech solving the problems of Africa’s gig economy workers, freelancers and self-employed digital workers.”.
From Onayemi’s point of view, the growth of Africa’s digital economy revolves around gains in six segments: education, payments, logistics, transport, identity, and trade. These countries include Nigeria, Kenya, Ghana, South Africa, Rwanda, Senegal, Togo, Tanzania, Ivory Coast, Egypt, Mauritius and Burkina Faso.
Access to finance remains a key growth constraint for small businesses, with data showing a $330 billion financing deficit for the small enterprises that make up 90% of Africa’s businesses. The fintech is able to extend loans of up to $10,000 at single-digit interest rates, and a repayment period of one year.
When Robinhood raised its $3 million seed round in 2013, it was a couple of months old, with huge ambitions of democratizing securities access to the underserved and unserved. million pre-seed round to power digital investments for individuals and businesses. Chaka is one such platform. Today, it is announcing the close of its $1.5
“This year, with the 6th cohort, we want to continue to play our part by supporting developers and startups within the Africa tech ecosystem, ensuring they get all the access and support necessary to see them continue to grow.”. Developer communities remain one of the most vital aspects of Google’s operations in the continent.
Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. The company now provides a full range of products to those onboarded, rolling out digital wallets and financial services, particularly credit or BNPL offerings.
The business opportunity for remittance is lucrative despite digital lenders vying for less than 20% of the international money market dominated by traditional offline players. in average transaction fees, digital senders like NALA pitch themselves to customers as platforms with the best rates and lowest prices. and the E.U.,
“Although the cargo owners and freight forwarders have a lot of information asymmetry, the importer and exporter can put pressure on the freight forwarder to digitize the supply chain. Ghana’s Jetstream lands $3M to build the digital infrastructure for Africa’s trade corridors.
When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. Its API allows these merchants to access telecom operators’ mobile money systems to receive and send payments to millions of mobile money accounts. .
By the time he left, three years after, Bundle was only live in Nigeria and Ghana with less than 100,000 active users. To create products that can scale to a million users or several million in the next couple of years, companies should build applications that are more accessible for the everyday person, which is the basics of web3.
According to a McKinsey report, most African countries have experienced double-digit insurance growth in CAGR in local currency over the last five years, thus positioning the region as the second-fastest growing for insurance globally after Latin America. As many as 2.8% Despite the abysmal number, there’s some good news.
Small businesses in Africa need digital banking services including plenty of credit. Mina Shahid , Catherine Denis and Ben Best founded Numida in 2017 and capitalized on the opportunity to build one of East Africa’s first digital fintechs targeting semi-formal micro and small businesses. Numida business owners.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content