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Nigerian fintech Appzone raises $10M for expansion and proprietary technology

TechCrunch

However , they seem to be doing quite well compared with traditional banks that face challenges like legacy cost structures and a major lack of operational efficiency. Other countries with a presence include the Democratic Republic of Congo, Ghana, Gambia, Guinea, Tanzania and Senegal. Appzone is a fintech software provider.

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How African startups raised venture capital in 2022

TechCrunch

Earlier this month, we reported that investors’ sentiments surrounding venture capital activity going into this were more reserved than upbeat. Africa predicted to experience sustained funding slowdown in 2023 Most tech observers share Cuvelier’s thoughts on VC activity in Africa. Kenya is a close second with $1.1

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Cameroonian crypto and savings platform Ejara raises $8M, led by Anthemis and Dragonfly

TechCrunch

By providing users in Francophone Africa with an option to buy, sell, exchange and store their crypto investments, CEO Nelly Chatue-Diop and her co-founder Baptiste Andrieux saw an opportunity to increase crypto activity in the region. As a result, users on the platform have grown in multiples over the last 14 months.

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Jumia expects losses not to exceed $100M this year, per Q3 financials

TechCrunch

Growth affected by internal changes and macroeconomic conditions Since the decision, a decline in quarterly active customers, orders and gross merchandise value (GMV) have followed. In Q2 2023, Jumia’s quarterly active customers, orders and GMV declined 28%, 37% and 25% year-over-year to 2.4 million, 6.5 million and $202.3

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Artivist Film Festival & Awards

Have Fun - Do Good

Youth Network My country was at war for 36 years and community structures and resources have been destroyed. artivist art activism film And I'd see Shape of Water/Diana's Story/Tibetan Nun's Project on November 12 at 3:45 PM, tix $12. DIANA'S STORY (0:06) Dir - Listen Up! While a gang can protect you, it's all too easy to get hurt.

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