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African healthtech startups in the supply chain segment show rapid growth, spurring a $7M investment initiative

TechCrunch

Salient surveyed over 80 companies across Ghana, Kenya, Nigeria, and Uganda, 25% more than the number it tracked in its last report in 2021. Online pharmacy regulations have been launched in Nigeria and Ghana and are in development in Kenya and Uganda. Women founders are disadvantaged,” the director said.

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Nigerian digital freight provider MVX lands $1.3M to help shippers move cargoes faster

TechCrunch

Merchants also struggle to access finance to perform cross-border trade in the continent. The startup has expanded beyond Nigeria and claims that merchants from the West African country, as well as Kenya, South Africa, Ghana and Rwanda, can use its platform to move freight in and out of their countries.

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Nigerian shared mobility startup Shuttlers raises $1.6M, plans pan-African expansion

TechCrunch

Shared transportation in Nigeria, Africa’s largest country by population, is a thriving business, at least when done the conventional way: offline. The Techstars-backed company is actively fueling its expansion across Nigeria and Ghana having raised more than $1.5

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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

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. For instance, we were the first to launch QR codes for offline onboarding.

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Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans

TechCrunch

They can access the platform’s first-semester content for free and practice. These applications came from 19 countries (including 14 African countries) and Yusuf said the company received the most entries from Nigeria, Ghana, Uganda, Kenya and Botswana. . The VCs in the round include Voltron Capital, Nestcoin, Pledges and Odba VC.

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TradeDepot raises $110M from IFC, Novastar to extend BNPL service to merchants across Africa

TechCrunch

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 BNPL offering is embedded within the company’s ShopTopUp platform, where retailers can access a credit line for all consumer goods on the application.

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Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

TechCrunch

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. to Tanzania, Kenya, Uganda, Rwanda and Ghana. Nala has built a hassle-free, offline mobile money payment platform for Africa. and the E.U.,

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