TechCrunch

MARCH 22, 2021

Techstars NYC just announced the 10 startups participating in this year’s program, making up what Managing Director Jenny Fielding described as the accelerator’s most global class yet. companies, as well as others based in the France, Israel, Kenya, Portugal and the United Kingdom. .” Prediko (London, U.K.

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TechCrunch

MARCH 16, 2022

In 2015, founder and CEO Daniel Yu launched Sokowatch in Kenya as an asset-light platform and a marketplace for distributing fast-moving consumer goods from suppliers to retailers. And what started in Kenya soon scaled into neighboring East African markets Tanzania, Rwanda and Uganda in 2018. It was strategic.

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Fast Company Tech

MARCH 18, 2025

Sustainability has also been a driver for development: Bristol City Leap , in the UK, is a citywide decarbonization program that will create hundreds of local green jobs; while Lamu Blue Carbon Project , a blue carbon credit program, will preserve mangrove habitats in coastal Kenya. 5,000 businesses have joined so far.In

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TechCrunch

APRIL 19, 2021

Today, it is doubling down on this effort by announcing the global expansion of its engineering talent. When Andela launched in 2014, it built hubs in Nigeria, Kenya, Rwanda and Uganda to source, vet and train engineers to be part of remote teams for international companies. Then Kenya. Then it became living in Nigeria.

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TechCrunch

DECEMBER 30, 2021

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. More experienced founders exist and specific markets, particularly in the Big Four (Nigeria, South Africa, Egypt and Kenya), show a mix of matured but still open-for-disruption traits.

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TechCrunch

NOVEMBER 10, 2021

Today, Africa’s largest digital payments network MFS Africa joins the fray. He started the company in 2009, facilitating peer-to-peer transactions from Kenya to Zambia, Uganda, Zimbabwe and the Ivory Coast, and vice versa. T hat changed last month when it acquired Baxi , an agent banking platform developed by Capricorn Digital.

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TechCrunch

JUNE 8, 2022

A new report from Endeavor Nigeria reveals that Africa’s digital economy and tech ecosystem is set to experience exponential growth periods. The report is dubbed “The Inflection Point: Africa’s Digital Economy is Poised to Take Off.”. Africa’s digital opportunity. Here are a few interesting points from the newly-launched report.

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TechCrunch

OCTOBER 27, 2021

Union54 , the first Zambian startup backed by Y Combinator, has gotten another major venture capital firm on its term sheet: Tiger Global. They range from digital banks to post-Series A fintechs and “companies founded on the basis of Union54’s availability.” . Tiger Global declined to comment on the investment.

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TechCrunch

APRIL 13, 2022

There’s no shortage of digital banks in Nigeria and, in general, in Africa. In the latest development, Umba , a digital banking platform operating in Lagos, Nigeria, has raised $15 million in Series A funding. Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa. million to date.

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TechCrunch

MARCH 16, 2022

You can count on one hand the number of funds bigger than Tiger Global. From that fund, Tiger Global made more private investments than any other firm last year — about 340 as of late December — roughly one investment per day, according to CB Insights. However, Tiger Global limited its activity in Africa from 2009 to 2014.

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TechCrunch

JANUARY 28, 2021

Catalyst Fund , a global accelerator managed by BFA Global , announced the 8th cohort for its Inclusive Fintech Program today. With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in grant capital, six months of support and connections with follow-on investors.

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TechCrunch

JUNE 22, 2022

While Africa’s health systems are still reeling from the effects of the COVID pandemic, the adoption of digital health services has been revved in some countries. These startups digitize the supply chain and distribution to providers. These startups digitize the supply chain and distribution to providers.

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TechCrunch

NOVEMBER 29, 2022

Our software digitizes the process of those who write things in hand and helps them figure out their inventory management and recipe yields.”. Futi said Orda has witnessed tremendous adoption among small restaurants in its two markets, Nigeria and Kenya, and claims the startup might have reached product-market fit already.

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Tech Soup

JULY 8, 2009

June marked the launch of two new international TechSoup partners: Japan and Kenya , bringing the total count of TechSoup Global Network partners to 24 (not including the original U.S. TechSoup Kenya is a collaborative effort by SANGONeT/NGO Pulse and Arid Lands Information Network (ALIN). Good people, good times.

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TechCrunch

JANUARY 18, 2022

The digital banking space in Africa is taking shape as neobanks on the continent grow in numbers like their global counterparts. The fintech intends to grow existing operations in South Africa, Eswatini, Kenya, Namibia and Tanzania and expand into Mozambique and Uganda. African customers are in dire need of credit.

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TechCrunch

FEBRUARY 14, 2022

Remedial Health has secured $1 million in pre-seed funding to digitize pharmacies and stem the supply of fake and substandard pharmaceutical products, starting with Nigeria before expanding to the rest of Africa. Other notable startups in the space are Kenya’s MyDawa, Ghana’s mPharma and Nigeria’s DrugStoc.

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TechCrunch

DECEMBER 8, 2021

The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software. About 175 credit unions are licensed in Kenya to serve nearly 4.1 billion.

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TechCrunch

MAY 11, 2021

T his might not seem spectacular from a global perspective because it took the startup a year and two months to achieve but it’s a noteworthy feat in African markets. Uganda was the first African country the pair decided to test out their two-wheel ride-hailing ambitions and it was the second market globally after Thailand for Uber.

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TechCrunch

JUNE 7, 2022

The firm co-led the round with Global Ventures, the MENA-focused VC that has backed the likes of Tabby, Helium Health and Paymob. “I Last year, Klasha’s consumer product allowed users in Nigeria, Ghana and Kenya to create virtual cards, fund with their respective currencies and send and receive money. Image Credits: Klasha.

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TechCrunch

APRIL 26, 2023

This strategic acquisition will expand Smile Identity’s footprint across Africa and solidify its position as the continent’s leading identity verification and digital KYC provider, a part of the statement read. Document verification and face recognition and matching comprise Smile Identity’s base-level product that works across Africa.

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TechCrunch

MARCH 15, 2021

That might be a thing of the past for some businesses as African payments company Flutterwave today is announcing a collaboration with PayPal to allow PayPal customers globally to pay African merchants through its ‘Pay with PayPal’ feature. Going by this partnership, we can expect the majority of them to be global plays.

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TechCrunch

AUGUST 31, 2022

FMCG distributors can onboard retailers in their network on the Duplo platform, collect payments digitally and access real-time insights into business performance. And then it becomes easier for us to digitize how payment moves between retailers and distributors,” he added. Those retailers can become Duplo customers as well.

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TechCrunch

AUGUST 29, 2022

The YC-backed Nigerian fintech has since expanded into East Africa, starting with Kenya. CEO Obong told TechCrunch that partnerships with two companies in Kenya: payments giant Cellulant and edtech upstart Moringa accompanied the move. . “We Startups offering similar services include the likes of Techstars-backed PayDay.

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TechCrunch

AUGUST 31, 2021

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. Africa has the lowest insurance penetrations globally. Fingo (Kenya). Fingo is providing an alternative brand of banking to African millennials, starting from Kenya.

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TechCrunch

OCTOBER 14, 2021

Tala , an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. Like Tala, Branch started as a digital lender offering loans to customers in Nigeria, Kenya, Tanzania and India. where it is headquartered.

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TechCrunch

OCTOBER 19, 2022

billion new endpoints to Visa Direct ’s digital payments network. This enables many more consumers and small businesses to send funds to markets in Africa, Asia and Latin America, where digital wallets are often the default payment method. Three billion people globally are still left out or poorly served by the formal economy.

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TechCrunch

APRIL 21, 2021

Ashiru Jituboh tells TechCrunch that besides making APIs, Okra is in the business of selling “digital first-experiences and transformation” “We are building an open finance infrastructure that enables developers and businesses to offer digital-first experiences and financial products,” she said.

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TechCrunch

MAY 4, 2022

From Onayemi’s point of view, the growth of Africa’s digital economy revolves around gains in six segments: education, payments, logistics, transport, identity, and trade. These countries include Nigeria, Kenya, Ghana, South Africa, Rwanda, Senegal, Togo, Tanzania, Ivory Coast, Egypt, Mauritius and Burkina Faso.

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TechCrunch

MARCH 8, 2022

The region happens to be one of the fastest-growing globally; nevertheless, over 200 million people in East Africa do not have access to a bank account or mobile money. Anglophone East Africa is home to over 400 million people, with half under 25.

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TechCrunch

DECEMBER 5, 2021

Pariti , the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 Data from BCG says that Africa appears to be at the dawn of a startup revolution, with the ecosystem “growing at a 46% annual rate, which is six times faster than the global average.”.

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Tech Soup

AUGUST 25, 2014

Are you ready to join a global, Storytelling conversation on Twitter at #Storymakers2014 spanning the globe from India, Libya, Kenya across Europe, Canada and the United States. Then join us September 4, 2014 for an amazing, global conversation. Topic: AWESOME Digital Storytelling case studies. New Zealand. New Zealand.

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TechCrunch

DECEMBER 4, 2022

Kenya is said to have one of the highest percentages of monthly WhatsApp users in the world, according to Global Web Index’s 2020 Social Media User Trends Report — happening as the popularity of the social commerce sector surges in the region as the shift toward online shopping continues post Covid pandemic.

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TechCrunch

JANUARY 27, 2022

to East African countries (Kenya, Uganda and Tanzania), thus ushering the Tanzanian fintech into the remittance business. The business opportunity for remittance is lucrative despite digital lenders vying for less than 20% of the international money market dominated by traditional offline players. and the E.U., Image Credits: NALA.

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TechCrunch

OCTOBER 25, 2021

San Francisco-based venture capital firm Global Founders Capital led the seed round. 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).

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TechCrunch

JANUARY 17, 2022

While Cauris provided debt financing, Tiger Global and JAM Fund, the investment firm of Tinder co-founder Justin Mateen co-led the equity bit. The idea for the YC-backed Ghanaian fintech came during the chief executive’s time at OMG Digital, a media company he founded that also got into YC , in 2016. “We

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Beneblog: Technology Meets Society

FEBRUARY 19, 2014

This is totally the “how sausage and law are made” view, so don’t read this unless you want to know more about global accessibility in detail! Even though Benetech doesn’t have donor funding for this, our VP of Global Literacy, Betsy Beaumon, and I thought it would be worthwhile to attend this meeting.

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TechCrunch

JULY 19, 2022

Bloom , a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. Visa is taking the lead as a first mover in digital payments in Sudan. million seed round.

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