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How to better support girls globally?

Fast Company Tech

Recently, on March 8th, International Womens Day was recognizeda moment that originally sprung from a movement to fight against child labor and sweatshop working conditions. Female genital mutilation still occurs Last month, I traveled to Senegal to see UNICEFs work firsthand. Further, FGM in Senegal hit its lowest point in 2023.

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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

As fintech services proliferate across different African markets, the need to have sufficient KYC and identity verification processes in place has intensified amid increasing fraud challenges and more stringent regulatory requirements. We have product depth in Nigeria already.

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Seedstars launches second fund to invest in 100 startups in emerging markets

TechCrunch

Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. In particular, “financial inclusion is challenging in many of these markets. Another criteria is to back local founders.

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Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

TechCrunch

Within this timeline, he interned at several companies in Palo Alto, California. In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. Yahya Bouhlel started coding in his early teens. Most of his work revolved around building apps and iPhone games.

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500 Global, GIZ establish bootcamp for accelerators in Africa to help them define sustainable business models

TechCrunch

Fifteen accelerators from key tech hubs, including Uganda, Egypt, Ghana, South Africa, Senegal, Nigeria, Ivory Coast, Kenya, Rwanda, and Tanzania will participate in the program. However, being startups too, accelerators also face failure due to a couple of challenges including liquidity issues.

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

TechCrunch

Both platforms are largely focused on addressing the unique challenges accompanying mobile money, while the others drive innovation around bank and card payments. He also sits on the board of 88mph. African startups join global funding boom as fintech shines. Typically , they would be required to use a bank account or card.

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How African startups raised venture capital in 2022

TechCrunch

Despite the challenges that emerged in the second half of the year, 2022 was another year of growth for Africa in terms of total funding raised, number of deals and number of investors involved. Outside the top four countries, startups from Ghana, Algeria, Tunisia and Senegal raised the most equity funding.

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