Remove Challenge Remove Local Remove Senegal
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How to better support girls globally?

Fast Company Tech

Female genital mutilation still occurs Last month, I traveled to Senegal to see UNICEFs work firsthand. Khadi uses what shes learned at the center to advocate with local leaders and parents to prevent other girls from experiencing the mental and physical suffering due to FGM. Further, FGM in Senegal hit its lowest point in 2023.

Senegal 89
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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. Other prominent use cases include AML checks, customer onboarding and fraud prevention.

Service 145
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Norebase raises $1M to allow companies start, scale, and operate in any African country

TechCrunch

And as someone with extensive knowledge and background, it made sense for him to take up the challenge. “Our solution is for people in the local market moving into their first market or a company in their fourth market trying to scale their enterprise.”

Africa 139
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Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

TechCrunch

In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. One of the most pressing challenges the continent currently faces — and will still meet — is upskilling these people in a region where some countries have unemployment rates reaching 30%.

Africa 98
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Seedstars launches second fund to invest in 100 startups in emerging markets

TechCrunch

In particular, “financial inclusion is challenging in many of these markets. That means if SIV II makes an investment in an IDA country like Senegal and the company doesn’t do well, a portion of the investment will be covered through the structure. Another criteria is to back local founders.

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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.

Africa 84
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Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets

TechCrunch

It currently covers some 20 countries for receiving money, some of the very poorest and/or least developed places in the world including Bangladesh, Cameroon, DRC, Ethiopia, Kenya, Madagascar, Morocco, Nepal, Nigeria, Pakistan, Republic of the Congo, Sri Lanka, Vietnam, Côte d’Ivoire, Ghana, Guinea, Mali, Senegal and Zambia.