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CEO’s Update: Fall 2014

Beneblog: Technology Meets Society

We’re thrilled that today’s rapid changes in technology are opening up tremendous new ways to address the problems they face. We build our tech-for-good products and reach dollar-by-dollar, and therefore every gift makes a difference for the people we serve. To do so, we definitely need your help.

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Sudan’s first YC-backed startup is helping consumers protect and grow their wealth

TechCrunch

Upon carefully studying different models pioneered by digital-first banks such as TymeBank, Kuda, FairMoney, they saw a big gap for building a savings product that helps solve what they think is the biggest problem facing African consumers: inflation and currency devaluation. . So why Sudan? “We

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Nigeria’s Sudo Africa raises $3.7M pre-seed for its card-issuing API platform

TechCrunch

Aminu Bakori and Kabir Shittu , founders of Sudo Africa, told TechCrunch that the opportunity to build Sudo was due to a problem they faced while attempting to issue cards at their previous startup: a mobile wallet system allowed users to aggregate existing financial institutions into a single platform and perform transactions.

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How Leaders Use Four Workarounds To Tackle Complex Problems

Eric Jacobsen Blog

“Workarounds are effective, versatile, and accessible methods for tackling complex problems,” shares the author of the new book, The Four Workarounds. They are a creative, flexible, imperfection-loving, problem-solving approach. A method that ignores or even challenges conventions on how, and by whom a problem is meant to be solved.”

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Early-stage African VC firm, Microtraction reports portfolio boom despite the weight of COVID-19

TechCrunch

Being entrepreneurs in the past, some of these investors know what it takes to build a startup in the U.S. Microtraction revealed that it accepted over 500 applications from startups in Nigeria, Ghana, Zambia, and Mauritius in its first full year of operation. But it’s completely different in Africa.

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This YC Summer batch features the largest group of African startups yet

TechCrunch

Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one. Infiuss Health says it is building a decentralized platform for remote research and clinical trials in Africa. Union54 (Zambia). Amenli (Egypt). seed round. Payhippo (Nigeria).

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Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

TechCrunch

Pula is solving this problem by using technology and data. Through its Area Yield Index Insurance product, the insurtech startup leverages machine learning, crop cuts experiments and data points relating to weather patterns and farmer losses, to build products that cater to various risks. The pair both act as co-CEOs. million farmers.

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