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The goal of these case studies is to raise awareness of the impact these nonprofits are making in SouthAfrica. Big Fish School of Digital Filmmaking provides video and broadcast training to young people. This township is one of the poorest areas in SouthAfrica. Art and Media. Poverty Relief and Social Services.
But two months into 2020, the pandemic did an excellent job of lowering expectations as investment activities from local and international investors slowed down. Venture capital investment in Africa predicted to reach a record high this year. International investors participated from pre-seed to Series E stages. billion and $2.8
A new report from Endeavor Nigeria reveals that Africa’sdigital economy and tech ecosystem is set to experience exponential growth periods. The report is dubbed “The Inflection Point: Africa’sDigital Economy is Poised to Take Off.”. Africa’sdigital opportunity. Sectoral transformation.
Zeraki , a Kenyan edtech that has built digital learning and school data analytics platforms, has raised $1.8 We have also brought back focus on [the once dormant] digital learning platform, and also tested a number of products like timetabling,” he added. SouthAfrica’s edtech FoondaMate eyes speedy takeoff after $2M funding.
I've just returned from organizing an electronics recycling conference in Cape Town, SouthAfrica, where I met Dr. Hylton Villet, the chairman of MyDigitalBridge in Namibia. I’m well acquainted with the big digital inclusion projects in the U.S. Namibia is a medium-sized country that borders SouthAfrica.
Meanwhile, the startup is also looking to expand its international calling operations across Africa after closing a $4 million seed funding round, led by HAVAÍC. He added that the startup decided to build its own payment platform informed by the need to make payment and checkout easy for its users in Africa.
The process used by millions of agents and thousands of property portals globally to reach buyers and sellers on digital channels is highly fragmented. South African startup Flow wants to change how real estate agencies, developers and agents interact with their end customers.
In a statement shared with TechCrunch, Smile Identity said it is “actively fulfilling regulatory requirements to finalize the transaction for the [Inclusive Innovation] affiliated entities in Africa.” Document verification and face recognition and matching comprise Smile Identity’s base-level product that works across Africa.
Partech Africa covers equity deals in tech and digital spaces and funding rounds higher than $200,000. It also defines African startups as companies with their primary market, in terms of operations or revenues, in Africa — not based on HQ or incorporation. Ghana came fifth. In 2021, Nigeria retained the first spot ($1.8
Naked , a South African insurtech company that helps consumers to insure their cars, homes, and valuables, has raised $17 million in Series B funding led by the International Finance Corporation (IFC). The news follows the Naspers-led $11 million Series A round that the South African insurtech announced in August 2021.
Talk360’s payment platform will integrate “all payment options” in the continent — creating a diverse pool of localized payment options, making it easy for international and local businesses to sell to buyers residing in Africa. SouthAfrica’s Talk360 raises $4M to build single payment platform for Africa.
“This is the largest batch we have ever funded and it’s about 50% international. As a result, it is not surprising that this is the largest cohort from Africa,” Y Combinator managing director and group arptner Michael Seibel told TechCrunch when asked if any extra factor contributed to the rise in accepted African startups.
Last year, the company also said it acquired an international money transfer license with a WorldRemit partnership also in the works. Nigeria is Africa’s most populous nation, and with a large share of its people underbanked and unbanked , fintech is arguably the most promising digital sector in the country.
Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years. Countries such as Nigeria, Kenya and SouthAfrica are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth.
Founded in 2018 by Alex Thomson, Sumarie Greybe and Ernest North, Naked is a digital insurance platform covering cars, content, homes and standalone items. Africa’s insurance sector is worth more than $68 billion in annual gross written premiums. This fits in with our focus of backing purpose-driven technology businesses.
We've got an important question for all the cricket fans out there: How would you like to see Bangladesh, India , New Zealand , Pakistan, Afghanistan, Australia , England, and SouthAfrica compete in a ODI tournament? It's going to be an electric few weeks of ODI cricket from the best international sides in the world.
Like many startups playing in the B2B e-commerce space across the continent, Chari digitizes the largely fragmented FMCG sector in Morocco and Tunisia. Chari, a Moroccan startup digitizing mom and pop stores, raises $5M at $70M valuation. The Khatabook-esque platform provides credit and bookkeeping services to about 50,000 merchants.
Mehta co-founded Uncover with Jade Oyateru (COO) and Catherine Lee (Advisor) inspired to build a data driven, digital-first, health and wellness brand for the African woman, by leveraging their experience and expertise. Summer International uses social media data to launch new beauty brands. Image Credits : Uncover Skincare.
The company also claims to have processed volumes now reaching double digits in millions of dollars. But in Africa, Visa and Mastercard dominate the market share; for example, in SouthAfrica, the distribution of cardholders with Visa is 51% compared to Mastercard’s 48%.
“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. Africa predicted to experience sustained funding slowdown in 2023 Most tech observers share Cuvelier’s thoughts on VC activity in Africa.
Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. The Series B funding is coming almost eighteen months after raising $10 million co-led by Partech Africa and the International Finance Corporation (IFC).
Executive parts ways with Better.com : CTO Diane Yu is among employees agreeing to take part in the voluntary separation plan that the digital mortgage lender offered earlier this week, though we report she will stay on as an adviser. . – Christine and Haje. The TechCrunch Top 3.
Within this timeline, he interned at several companies in Palo Alto, California. The startup hopes that the Series A funding will drive its presence in 12 countries, including SouthAfrica, Kenya, Ghana and Saudi Arabia. Yahya Bouhlel started coding in his early teens. GOMYCODE utilizes the latter.
Manufacturers use DataProphet at different points on their digitization journeys; data collation and centralization are crucial to kickstart them. and South America. Some of its competitors — which are international, not local — include Braincube and Seebo. “I
NALA , a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised $10 million in a new fundraising round. In that time, NALA built a mobile money service in East Africa and scaled it to more than 250,000 users. and the E.U., country, probably France.”.
The startup, which provides multiple products for the cross-border commerce space in Africa, raised this new financing from a group of international investors co-led by American Express (AMEX) Ventures, the strategic investment group of American Express. Lagos and San Francisco-based Klasha has received an additional $2.1
million pre-seed funding to scale its operations within Africa; one of the fastest-growing mobile phone market in the world. The Venture Catalysts, V&R Africa, Grenfell holdings, and SOSV, participated in the round, as did family offices and angel investors from Kenya, Nigeria, SouthAfrica and India.
A couple weeks ago, I posted about an upcoming e-waste and refurbishment standards conference in SouthAfrica that I was co-organizing. Desired outcomes of the event included: For all to understand African challenges and how international electronics and refurbishment standards apply to African conditions. and Weeelabex.
Digital privacy management is an area that takes considerable resources to whip into shape, and most SMBs just aren’t equipped for it. EU lawmakers recently unveiled plans for “A Europe fit for the Digital Age.” Cillian Kieran is CEO and co-founder of Ethyca , a New York-based privacy company. “A
Digital Media and Learning Conference. Digital Media and Learning Conference. Digital Media and Learning Hub / Irvine, CA / $175. International Fundraising Conference - IFC 2016. Social Value International / Atlanta, GA / $225. SouthAfrica / $250. SouthAfrica. State/Local. 10/13/2016.
The group stage is settled, with India, New Zealand, Australia, and SouthAfrica securing their spots in the knockout rounds. This ODI takes place at the Dubai International Stadium. Australia in the 2025 ICC Champions Trophy for free from anywhere in the world with ExpressVPN. India will meet Australia in the first semi final.
Part of the new round will be use to apply for financial licenses in Singapore, Hong Kong and SouthAfrica, and partner with banks and financial institutions, like payment gateways. “We dollar liquidity, tools to conduct trade in digital fiat currencies. XREX’s last funding was a $7 million seed round in 2019.
When companies create digital payments-facing solutions for African countries outside Nigeria and SouthAfrica, building around mobile money is key. It’s literally a no-brainer. He also sits on the board of 88mph. African startups join global funding boom as fintech shines.
The lack of interoperability between African currencies is primarily behind why a Kenyan business owner who wants to pay an invoice to another business owner in SouthAfrica with either shillings or rands ends up using the dollar — the currency that powers almost 80% of Africa’s bilateral trade.
The Australian startup, which builds a livestock management platform for ranchers and farmers, wants to digitize farm records and the meat production process from the cow to the consumer and drive the industry’s animal and environmental welfare transparency. Additionally, AgriWebb has partnerships in Brazil and SouthAfrica, Webb said.
Met with a major international human rights defender group about our Martus technology and digital security more generally. Carol’s social enterprise in Nairobi employs over 100 students working to proofread books for our Bookshare digital library. Interviewed several candidates for executive positions at Benetech. Enough said!
The Uber Files, which were originally shared with The Guardian and the International Consortium of Investigative Journalists , show a company that has knowingly broken laws, gone to extreme lengths to avoid justice, secretly lobbied governments, received aid from top politicians and exploited violence against drivers to drum up business.
” He started off with a great story about what a tribe in SouthAfrica does when someone in their community does something bad. Lee Rainie from the Pew Research Center, gave a talk and shared some stats on “ Our Digital Life: What the Research Shows.”
We know that good stories power fundraising and marketing, so join one of our free events to discover powerful case studies and connect with digital storytelling experts in your community. The link need to be like so: Africa. Gulu, Uganda: Adobe Spark Digital Storytelling. Mahikeng, SouthAfrica: Rural Tech Empowerment.
Amnesty International ran detailed forensics on 67 smartphones to look for evidence that they were targeted by Pegasus spyware — and 37 of those phones tested positive. Amnesty International has actually released a tool that can be used for analysis, and you can read our guide on how to use it here. How worried should I actually be?
Tebogo Mokwena , co-founder and CEO, Akiba Digital. Klasha is a technology company that allows international merchants such as H&M or Zara to receive payments online in local African currencies and money methods. to improve cross-border commerce in Africa. Tebogo Mokwena, CEO, Akiba Digital. Yes absolutely!
Digital Agriculture Product Manager, World Food Programme Digital Transformation Unit, Nairobi. Casper has 12 years of experience in managing scalable digital solutions in developing countries. Senior Humanitarian Climate Crisis Advisor, Save the Children International. Casper Stryndom. Dun-Ying Vicki Yu. Emma Visman.
According to the International Environmental Technology Center of the United Nations Environment Program. region in southern China is the poster child of digital dumps and bad electronics recycling. The e-Waste Association of SouthAfrica ( eWASA ) is building a network of e-waste recyclers and refurbishers in the country.
In 2014, Micromax poached Samsung’s country head for mobile and digital imaging Vineet Taneja and appointed him the CEO. ” The four founders are said to have different qualities that helped the company compete against global brands in India and international markets. million in 2016, according to IDC data.
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