This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The round was co-led by African early-stage VC firm Future Africa and Japanese but Africa-focused VC Kepple Africa Ventures. The seed investment that is coming a year after Termii graduated from the YC will be used for expansion and launch more messaging offerings across Africa. million seed round.
Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. He made this known at the Google for Africa event in October. Before launching the fund, Google proved helpful in startups’ journeys via its Google for Startups Accelerator Africa program.
Seeking to expand its already significant presence in Africa, Google has announced it is building the first-ever fiber optic route to connect Africa with Australia. The "Umoja cable route" will anchor in Kenya, pass through Uganda, Rwanda, the Democratic Republic of the Congo, Zambia, Zimbabwe, and South Africa, and then.
The adoption of cryptocurrency in Africa varies regionally. A region of more than 200 million people using the CFA franc, Francophone Africa is one of the most crypto-friendly markets in Africa. Typically , cryptocurrencies in Francophone Africa are reserved for a few elites who wish to diversify their assets.
Africa still battles with this and it is not hard to see why. Kenya’s Twiga Foods eyes West Africa after $30M raise led by Goldman. Africa-focused firms TLcom, IFC Ventures, DOB Equity, and Goldman Sachs’ spinoff Juven , wrote follow-on checks too. Now, they only spend 6% of their household income on food and beverages.
69% live in the United States, 13% in Canada, 8% in Europe, 3% in Africa, 3% in Latin America & the Caribbean, 2% in Australia & New Zealand, 1% in Asia, and 1% in the Middle East. Thank you to those who took the survey! About the Survey Respondents 641 donors that have made an online donation within the previous 12 months.
Djamo , a financial super app for consumers in Francophone Africa, is the first startup from Ivory Coast to get backing from Y Combinator. While there has been a huge profusion of financial services that have emerged in recent years in Africa, Djamo’s mission is to try to plug one specific and a very underserved gap in Francophone Africa.
In February, Nigerian fintech startup Mono announced its acceptance into Y Combinator and, at the time, it wanted to build the Plaid for Africa. Three months later, the startup has a different mission: to power the internet economy in Africa and has closed $2 million in seed investment towards that goal.
The founder also said one of the reasons for the pivot from Insidify to SeamlessHR was because the former wasn’t profitable and lacked the flexibility to scale across Africa. We have the largest aggregation of medium-to-very large companies in Africa,” Okeleji remarked. It’s a typical salary structure in markets such as the U.S.
The Africa Wildlife Foundation cleverly uses its website domain name to promote its social media profiles by creating easy-to-type redirect URLs. In this example of a “Thank you for subscribing” email, Water.org requests that new subscribers also follow them on social media. 5) Add a call-to-follow to your print campaigns.
Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. But in Africa, where smallholding or small-scale farms are the norms, the number stands at an average of $4. In the U.S. million farmers.
Cash flow is a major pain point for small businesses in Africa. It’s an identical problem for more than 51% of 44 million formal SMBs in sub-Saharan Africa who say they need more finance than they can access to grow their businesses, per research. We are excited to be the growth partner of choice for businesses in Africa.” .
Africa is home to more than a billion people, where a majority have limited or no access to vehicle financing. In 2019, Africa had fewer than 900,000 new vehicle sales. It is a similar case across Africa, where car owners often recycle used cars between themselves because of the difficulty of accessing new ones.
Nigerian mobility tech startup Metro Africa Xpress Inc. ( MAX ) is planning to enter more markets across Africa as it races towards formalizing the continent’s transportation sector after securing $31 million in Series B funding. We work with Yamaha in the area of access to vehicles for the drivers, and in the access to finance.
FirstCheck Africa, Samata Capital, Future Africa, IgniteXL participated in the round, in addition angel investors ex-SokoWatch COO, Kwenhui Tawah, and ex-L’Oreal executive and current WPP Scangroup CEO, Patricia Ithau. Lee is an economist turned filmmaker. Uncover was launched after incubation at Antler.
Saviu Ventures, a VC firm targeting startups in Francophone Africa, has made an initial close of €12 million for its second fund with the backing of private investors, including French and Kenyan family offices.
As with most technologies, Africa is playing catch up in this food-tech segment. million pre-seed round to scale its software across Africa. Orda’s addressable market is this segment of Africa’s restaurant industry. One such startup is Nigeria’s Orda , formerly known as StarKitchens. Last year, 80% of the U.S.
Backed by YC, Vendease is building Amazon Prime for restaurants in Africa. Platforms digitizing the food supply chain for restaurants and food businesses across the continent have been scarce in Africa since Twiga launched in Kenya seven years ago (however, with a slightly different model). million and $1.2
For Nonprofits in Africa: 1. South Africa Giving 2019 :: Download. Published by CanadaHelps. 2020 Multicultural & Newcomer Charitable Giving Study :: Download. Published by Imagine Canada. 2020 Growing Giving in Kenya, Uganda, and Tanzania Report :: Download. Published by the Charities Aid Foundation.
For Nonprofits in Africa: 16. Published by EPIC-Africa. The Giving Report 2020 :: Download. Published by CanadaHelps. 2020 Growing Giving in Kenya, Uganda, and Tanzania Report :: Download. Published by the Charities Aid Foundation. 2019 State of African CSOs Report :: Download. For Nonprofits in Asia Pacific: 18.
Africa seemed to defy the global venture funding decline in the first half of 2022 after its startups raised $3 billion, double the amount secured over a similar period the previous year. Africa predicted to experience sustained funding slowdown in 2023 by Annie Njanja originally published on TechCrunch.
For Nonprofits in Africa: 1. South Africa Giving 2019 :: Download. Published by CanadaHelps. 2020 Multicultural & Newcomer Charitable Giving Study :: Download. Published by Imagine Canada. 2020 Growing Giving in Kenya, Uganda, and Tanzania Report :: Download. Published by the Charities Aid Foundation.
Even though insurance penetration is very low in Africa, many insurers’ processes are time-consuming, expensive and prone to fraud and waste because they use paper and antiquated technology. On the call, Mascot mentioned several times that the insurtech was built to serve businesses in emerging markets, not just Africa.
Chinese automaker Geely has opened its first completely knocked down (CKD) factory in Africa and the Middle East, with plans to produce up to 30,000 vehicles annually within the next three years, according to local media outlet Egypt Today. The facility is expected to meet local demand and serve other countries in Africa and the Middle East.
Ghana-based AppCyclers aims to tackle this crisis across Africa via an online marketplace, where individuals and businesses can buy and sell recyclable e-waste. The startup says its mission […]
14) 16% of donors in Africa prefer to give through mobile devices which is the highest of any region. In Africa, mobile technology is how most people first get access to the Internet and giving to and engaging with NPOs and NGOs on mobile devices is a fast-growing trend. Currrently, WhatsApp inspires 20% of giving in Africa.
Techstars, Angels Touch, HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors such as MFS Africa chief Dare Okoudjou and Norebase CEO Tola Onayemi also participated. We are building TransferWise for Africa; we want our customers to move money faster with the bank accounts and cards we issue.
Increased access to online and mobile giving technology in Africa, Asia, and South America will likely grow these numbers significantly in coming years. 14) 32% of donors in Africa prefer to give cash which is the highest of any region. View: Giving Trends in Africa Data Sheet.
The data is also available in the report in infographic format by region: Africa, Asia, Australia & New Zealand, Europe, Latin America & the Caribbean, and the United States & Canada. Are you an expert on how NGOs in Africa use technology? The stats below represent 5,721 organizations from 160 countries.
5) Africa’s population will more than double to 2.6 Social good organizations will be crucial in advancing economic development throughout Africa to ensure its rising population has a better life than the generations before. A messaging app revolution is happening throughout Asia, Africa, Latin America, and the Middle East.
In most parts of the world, however, government’s digital capabilities remain a work in progress and as a result, the ability to accept online donations is challenging for most nonprofits in Africa, parts of Asia, Eastern Europe, the Middle East, and Latin America. BackaBuddy (South Africa). backabuddy.co.za. Donate-ng (Nigeria).
In addition to the global benchmarks, this year the benchmarks are also available for six regions: Africa. The data reveal how donors prefer to give and engage with their favorite causes and charitable organizations. Australia and New Zealand. Canada and the United States. Latin America and the Caribbean.
Essentially, they noticed that mortality rates were decreasing for all age groups except adolescents, particularly in Eastern/Southern Africa. If S/HE raises $3,000, S/HE could qualify for a trip to one of their programs in South Africa! In Sub-Saharan Africa, girls account for 74% of new infections among adolescents.
South Africa Giving 2019 :: Download Published by the Charities Aid Foundation 19. Global Giving Report 2020 :: Download [Worldwide] Published by Nonprofit Tech for Good & Funraise 17. Global NGO Technology Report 2019 :: Download [Worldwide] Published by Nonprofit Tech for Good & Funraise 18.
TL;DR: Live stream Afghanistan vs. South Africa in the 2025 ICC Champions Trophy for free from anywhere in the world with ExpressVPN. Afghanistan vs. South Africa is the first game from this ultra-competitive group. South Africa in the 2025 ICC Champions Trophy for free from anywhere in the world, we have all the information you need.
Example 2: You are a media outlet in South Africa. In exchange for promoting the survey, you’ll receive the data for donors based in South Africa. In exchange for promoting the survey, you will receive the data for environmental donors based in Spain. Example 3: You are a crowdfunding website in Brazil.
Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. Countries such as Nigeria, Kenya and South Africa are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth.
The Future Africa Fund kicked off in 2015 when Iyinoluwa Aboyeji and Nadayar Enegesi , co-founders of US-based and African-focused talent company Andela, wrote checks to African startups as angel investors. This is because most of the capital in Africa for promising startups is typically distributed among many investors.
Website: finz.org.nz/finz-2022-conference. finz-2022-conference. Hashtag: TBD. Latin America & the Caribbean. Festival de Innovación y Tecnología Social. Dates: TBD. Location: TBD. Website: fits.ong. Hashtag: TBD. Make a suggestion! Make a suggestion! Middle East. Make a suggestion!
Sony Group announced today that it has established Sony Innovation Fund: Africa (SIF: AF), a program that will support the growth of entertainment businesses in Africa.
Bringing it to Africa, only 10 percent of the West African startups that cumulatively raised $1 million had at least one female co-founder in the past decade. FirstCheck Africa , a female-focused angel fund that launched yesterday, is hoping to address this challenge.
As businesses reopened globally and the pandemic drove people to adopt new habits in e-commerce, work, spending money, online delivery, and learning, venture capital into various industries was poised to increase immensely, and Africa would not be exempt. Venture capital investment in Africa predicted to reach a record high this year.
African subsea cable operator Seacom said that its services on its West African cable system were down, reports The Guardian. The company added that customers who use the cables were being redirected to the Google Equiano cable. Read Entire Article
In South Africa, these businesses contribute around one-third of the country’s GDP. Despite South Africa’s high card and mobile penetration rates of over 70%, the country’s SMEs still struggle to accept cards. South Africa’s Yoco raises $16 million to boost digital services to small businesses.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content