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Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans

TechCrunch

But since the unicorn changed its business model to a pure marketplace focusing on senior developers, other platforms such as AltSchool Africa are trying to fill one of the gaps it left: training people to become junior to mid-level engineers. Nigeria’s Decagon raises millions to finance and train software engineers.

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YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play

TechCrunch

Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has raised a $3.2 Last year saw venture capital firms and institutional investors scramble to back newly formed and existing business-to-business e-commerce retail startups. million financing round.

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Flutterwave and PayPal collaborate to allow African merchants to accept and make payments

TechCrunch

It is nearly impossible for businesses in some African countries to receive money from PayPal. Via this partnership, African businesses can connect with the more than 377 million PayPal accounts globally and overcome the challenges presented by the highly fragmented and complex payment and banking infrastructure on the continent.

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Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global

TechCrunch

So, I think it [BNPL] is going to worsen the situation for small businesses, it’s going to create more defaults, generate a culture of bad pay, and it’s going to create real debt at the SME level in Africa, that will be hard to justify.”. Many businesses like ours are taking money out of the market.

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South Africa’s Flow gets funding to automate social media advertising for real estate agencies

TechCrunch

The proptech marketing platform is announcing that it has raised $4.5 While they sold the business to global communications group Publicis in 2015, it was some of the knowledge gained while running Popimedia that they drew on to pivot Flow into its current business model three years later. million in pre-Series A funding.

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South African startup Qwili gets $1.2M to scale its app and low-cost NFC-enabled smartphone

TechCrunch

Qwili , a startup that provides a hybrid sales product to micro and small merchants in South Africa, has raised $1.2 They employed a business-to-customer model where Qwili sold these devices to individual users who used the platform’s digital wallet to buy value-added services. Image Credits: Qwili.

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Empowering Refugees: Interview with Kjerstin Erickson of FORGE

Have Fun - Do Good

We radically transformed the way that we did our business, and designed a process through which the refugees themselves would get all of that experience. He was actually on a business trip, on his bike, to Uganda. The first opportunity that I had to go back was to work in a refugee camp in Botswana. It had been bombed.