TechCrunch

NOVEMBER 8, 2021

JUMO , a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. It is also coming a year after raising $55 million in a similar unnamed financing round.

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TechCrunch

JANUARY 25, 2021

In a review of the year published last week, the firm noted that 21 companies in its portfolio have raised more than $33 million in funding. This represents nearly four-fold growth over a year ago when its portfolio raised $6 million (and just $3 million in 2018). Though, just eight of those companies got investments.

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TechCrunch

DECEMBER 8, 2021

Impact Rooms offers well-rounded solutions for startup problems, from ensuring that they are investor-ready and are matched with the right investors, to raising capital. On Impact Rooms, startups also get access to a diverse range of services, including legal and marketing support, from the platform’s other partners.

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TechCrunch

MARCH 8, 2022

The region happens to be one of the fastest-growing globally; nevertheless, over 200 million people in East Africa do not have access to a bank account or mobile money. Anglophone East Africa is home to over 400 million people, with half under 25. The average East African currency, for instance, is said to depreciate 20% per annum.

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TechCrunch

NOVEMBER 10, 2021

The company confirmed to TechCrunch that it has raised $100 million in Series C financing — split between $70 million equity and $30 million debt. He started the company in 2009, facilitating peer-to-peer transactions from Kenya to Zambia, Uganda, Zimbabwe and the Ivory Coast, and vice versa. That’s the grand mission of the company.”

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TechCrunch

SEPTEMBER 23, 2021

Millions of people in sub-Saharan Africa and emerging markets continue to live without access to electricity. billion people in the world lack access to reliable and affordable energy. ” Zola has now become a technology company whose products can solve energy access problems in almost any market, the company said in a statement.

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TechCrunch

JUNE 7, 2022

The startup, which provides multiple products for the cross-border commerce space in Africa, raised this new financing from a group of international investors co-led by American Express (AMEX) Ventures, the strategic investment group of American Express. Lagos and San Francisco-based Klasha has received an additional $2.1 million seed round.

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TechCrunch

JULY 19, 2022

Bloom , a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 million seed round. This investment is coming after the startup’s undisclosed pre-seed round last year. This financing welcomed participation from fintech giant Visa, Y Combinator, U.S.-based

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TechCrunch

DECEMBER 4, 2020

Many families also lack access to reliable and affordable electricity. One is access to markets , which alone is a huge source of food waste, and the other is food security because of a lack of stable growing conditions exacerbated by climate change. The Sun Exchange raises $3M for crypto-driven solar power in Africa.

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TechCrunch

JUNE 22, 2022

When this crisis hit Mozambique, it was battling infrastructural issues from electricity to accessing telecommunications and health centers. The big data company has provided its software to partners and governments in Ethiopia, Rwanda, South Africa, Zambia, Brazil, Vietnam, Mozambique and Pakistan. Zenysis — which raised a $2.8

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TechCrunch

OCTOBER 11, 2021

Founded in 2013 by Rockson , Daniel Shoukimas and James Finucane , mPharma is one of the well-funded startups across Africa raising over $50 million since inception, this includes a Series C round of $17 million, led by UK’s development arm CDC Group, it received last year. We currently have five centers open.

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Saleforce Nonprofit

DECEMBER 1, 2022

Together with partners like Salesforce, over the past 16 years (RED) has raised over $700 million dollars for global health, and (RED)-funded grants have impacted over 245 million people. We talk so much about prevention and treatment, but if you don’t have access to testing, none of that matters.

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Have Fun - Do Good

JUNE 19, 2009

He ended up running for about 1,500 miles all the way to Zambia, arriving with nothing but the clothes on his back, about 90 pounds, and showing up at a refugee camp where he knew nobody. His idea is that he wants to recreate, in reverse, the walk that he made from Sudan all the way through Congo and into Zambia. He ran into Congo.

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TechCrunch

FEBRUARY 21, 2022

Jambo , a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access to crypto-based income-generation opportunities, has raised $7.5 Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets. million in seed funding.

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TechCrunch

JUNE 29, 2022

By the end of the one-year venture building program, the startups should have launched a product, onboarded, and had repeat customers, have a defined revenue model, and have raised or are in the process of closing seed funding. “We So, we have a short program to help them raise,” said Kamara. Image Credits: Adanian Labs.

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