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Fidelity, Visa and Kingsway back South African fintech JUMO in $120M round

TechCrunch

In terms of active operational markets, though, the fintech is present in six African markets — Ghana, Tanzania, Kenya, Uganda, Zambia, Ivory Coast and South Asian country Pakistan. Presently, the fintech only states Cape Town, Nairobi, Porto and London as its primary operational and tech hubs.

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How data enabled Senegal to respond to COVID-19 while continuing to fight malaria

Tableau

It sounds like a straightforward solution, but part of PATH’s focus as an organization—and what makes it such a strong partner for countries in their public health work—is accounting for the different circumstances in countries that might present challenges for the adoption of digital health approaches. .

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Sudanese fintech Bloom nabs $6.5M, backed by Y Combinator, GFC and Visa

TechCrunch

As highlighted this March and reiterated in the interview, Bloom’s founders say this seed round will help the Sudanese- and Dubai-based startup execute its expansion plan across the Anglo-East African region such as Ethiopia, Kenya, Rwanda, Tanzania and Zambia. A few competitors in the region include YC-backed Fingo, Koa and Finclusion.

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Jambo raises $7.5M from Coinbase, Alameda Research to build “web3 super app” of Africa

TechCrunch

The latter is home to startups like Axie Infinity and Yield Guild Games, which have raised millions of dollars in venture capital owing to the adoption of crypto and play-to-earn models. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.

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PawaPay raises $9M seed backed by MSA, 88mph and Mr Eazi’s Zagadat Capital

TechCrunch

“And the way we’re looking at the continent, we’re looking at adoption rates for mobile money growing at an insane speed. ” Image Credits: PawaPay.

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

TechCrunch

As it later turned out, a window of opportunity opened as more brands realized that they had to adopt other ways of marketing as travel and human interaction remained limited. The startup has so far worked with 200 brands, carried out over 15,000 campaigns and delivered over 200,000 paid gigs to date.

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Venture studio Adanian Labs fuels startup growth in Africa

TechCrunch

In a period of two years, Adanian Labs has grown beyond Kenya, by establishing a presence in Tanzania, Zambia, South Africa and Nigeria – some of the biggest startup and tech hubs in Africa. Adanian Labs plans to help build 300 startups over the next five years. Image Credits: Adanian Labs. Africa-wide Growth.

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