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Norebase raises $1M to allow companies start, scale, and operate in any African country

TechCrunch

His experience from this activity, coupled with working as a technical adviser to the vice president’s office in Nigeria a couple of months back, led him to launch Norebase , a trade tech startup that has raised $1 million in a pre-seed round. ” Onayemi launched Norebase with Tope Obanla in September 2021.

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How African startups raised investments in 2020

TechCrunch

According to Dario Giuliani , the firm’s director, the research organisation avoided using geography to define an African startup due to factors contributing to business identities like taxation, customers, IP, and management team. Mauritius-headquartered companies received $110 million while African startups headquartered in the U.K.

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Goldman Sachs spinoff Juven to back African high-growth companies with large checks

TechCrunch

Mauritius and U.K.-based The one-year-old firm is looking to invest large checks in companies “that have proven business models, strong revenue traction and large addressable markets,” it said in a statement. Frebault adds that Juven may also consider non-tech companies that can solve such problems.

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Cleantech Qotto embarks on growth plan backed by $8M funding

TechCrunch

Qotto , a solar kits provider with operations in Burkina Faso and Benin, has raised $8 million in a Series A equity-debt round led by the IBL group, a billion-dollar conglomerate headquartered in Mauritius with business interests in a number of sectors including energy, financial services, logistics, distribution, and engineering.

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Savannah Fund launches $25M fund to invest in African startups at seed and Series A

TechCrunch

This is the second fund for the nine-year-old Mauritius-headquartered investment firm. “Early-stage funding is vital to enable more of Africa’s emerging and growing tech founders to grow their business and fuel the transformation of Africa’s internet economy.

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Kenyan startup Wowzi secures $3.2 million from 4DX Ventures, Andela co-founder to expand across Africa

TechCrunch

The brands then refine their search (based on the content shared or level of activity) and then reach out to the influencers they desire. This goal is achievable for the startup, which has successfully conducted campaigns across multiple markets in Africa including Mauritius, Mozambique, Zambia and Cameroon. “We

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Dispute between founders and board leaves Capiter in arrears to employees and creditors

TechCrunch

Rather, this course of action was undertaken after the founders abdicated their responsibilities, failed to enact Board-approved corporate actions, and began to actively subvert the abilities of the company to stabilize its financial and operational affairs. the holding company initially based in Mauritius and now in Abu Dhabi.

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