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. Finclusion’s debt financing, which makes up the larger share of the overall round, was provided by local currency funds in Eswatini and South Africa. African customers are in dire need of credit.

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TechCrunch

AUGUST 29, 2022

Idorenyin Obong and Femi Aghedo founded Grey in July 2020 as an instant exchange service to help Nigerians exchange foreign currencies in their domiciliary account for local money — the naira. The YC-backed Nigerian fintech has since expanded into East Africa, starting with Kenya.

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TechCrunch

OCTOBER 13, 2022

Kenya has the largest and most thriving furniture industry in East Africa, but the sector’s potential is hindered by several challenges among them production inefficiencies and quality concerns, forcing most major retailers to settle on imports. Digital-first brand. Among its current products is the popular MoKo mattress.

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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. These are relevant localized data that have long been left out of the bigger pool of KYC and fraud prevention.

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TechCrunch

DECEMBER 5, 2021

MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five additional markets across Africa to grow RejaReja — its retailer ‘super app’ that makes it possible for informal merchants to order and pay for inventory digitally, accept payments for utility bills, and access financing for their businesses.

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TechCrunch

SEPTEMBER 12, 2022

HotelOnline , a Kenya-based Yanolja-backed travel technology scale-up that fashions itself as an e-commerce and digital marketing enabler in the hospitality industry, has acquired HotelPlus, a software provider with clients in 22 countries. US-based fintech Umba buys majority stake in Kenya’s Daraja microfinance bank.

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TechCrunch

JANUARY 27, 2022

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. to East African countries (Kenya, Uganda and Tanzania), thus ushering the Tanzanian fintech into the remittance business. and the E.U., and the U.S.

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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. One of Thunes’ focuses is emerging markets where there are a lot of unbanked people.

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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. “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.”

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TechCrunch

DECEMBER 4, 2022

The startup is now expanding its network of local agents that consumers can place orders with. Kapu joins the growing list of startups that are digitizing the informal retail sector in Kenya, including Tushop, which launched last year. It will soon support WhatsApp orders too.

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TechCrunch

AUGUST 16, 2022

Lori Systems , an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors. Image Credits: Lori Systems.

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TechCrunch

JANUARY 20, 2021

ULesson , an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 The founder says that the digital infrastructure gains will allow them to “go online entirely by Q2 this year.”. But everybody also sees that you need a local team to execute on this.”.

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TechCrunch

APRIL 25, 2022

Kenya-based agritech Apollo raises $40 million in Softbank-led round, joined by Chan Zuckerberg Initiative, CDC. We think of ourselves as the Amazon of farmers… a digital and physical infrastructure powering a marketplace that allows the movement of goods and services to and from rural areas,” said Attah.

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TechCrunch

JUNE 7, 2022

KlashaCheckout allows merchants outside Africa to collect payments from six countries on the continent — Nigeria, Zambia, Tanzania, Uganda, South Africa and Kenya — and get paid in G20 currencies like dollars, pounds or euros. The platform will go live in Kenya in the next couple of months, said Anuna. KlashaCart.

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TechCrunch

FEBRUARY 24, 2021

The founders draw on prior experience building API products for local markets in the past. Pngme says it’s operating in Nigeria and Kenya, while Stitch is only in South Africa. In 2017, Kiaan Pillay worked as the head of operations for South African insurance API platform Root. “Unlike the U.S.

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TechCrunch

JANUARY 27, 2023

This is particularly noteworthy, as every other region experienced a double-digit drop in funding activity during the same period,” said Max Cuvellier , co-founder of The Big Deal on Africa’s investment activity in 2022. South Africa takes the second spot with 17%, Egypt at third at 16%, and Kenya at 15%.

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TechCrunch

MARCH 8, 2022

Its offers a “high-yield” savings account, free FX and adjacent digital banking services so customers can save in a stable currency, the dollar, and spend-as-they-go in local currencies. The company was founded by Ahmed Ismail , Youcef Oudjidane , Khalid Keenan and Abdigani Diriye in late 2021.

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TechCrunch

MARCH 19, 2021

However , that’s not the case as limiting factors that hinder proper digital communication come into play at different growth stages. Gbolade Emmanuel and Ayomide Awe launched Termii after Emmanuel’s experience as a digital marketer helped him recognize the need for businesses to have exceptional communication channels.

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Beth's Blog: How Nonprofits Can Use Social Media

MAY 15, 2012

My experience so far has been to develop curriculum – mostly focused on technology that is adapted in different countries by local organizations. This design was a participatory process and was intended to provide an opportunity for deep reflective process.

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TechCrunch

MAY 17, 2023

The fintech plans to use the funding to double down on its operations in Kenya, and the Philippines, before exploring new markets in West Africa, Latin America, and Asia. Jia provides loans of up to $5,000 to small businesses filling the gap currently left by digital lenders and loan apps that don’t offer credit of more than $1,000. “The

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TechCrunch

OCTOBER 3, 2022

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. Duplo digitizes payment flows for African B2B enterprises, gets $4.3M seed funding.

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TechCrunch

MAY 31, 2022

This product, it says, will open up businesses to the largest pool of localized payment options in Africa. In our calling business we identified some unique problems around digital payment in Africa. Talk360 was co-founded by Hiine, Hans Osnabrugge , and Jorne Schamp in 2016 as a traveling app (used to avoid roaming charges).

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TechCrunch

MAY 11, 2022

But despite the proliferation of local and foreign crypto exchanges and the introduction of novel models by up-and-coming web3 platforms, some observers believe there are still notable barriers to using crypto in Africa. To that end, the local knowledge and specialized skills of the MARA team is quite promising.”

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TechCrunch

MARCH 3, 2022

This technology allows people to send and receive money, pay for bills and buy data offline, and reports say more than 90% of digital transactions in sub-Saharan Africa are performed on its rails. . Nigeria and Kenya. Mobile money is more used in Kenya than anywhere else globally.

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TechCrunch

FEBRUARY 2, 2022

The uptake of electric vehicles in Kenya currently stands at 5% — a majority of which are private vehicles. For efficiency of administration, the commuters will also be required to pay using digital prepaid technologies. Opportunity for EV startups in Kenya.

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TechCrunch

JANUARY 20, 2022

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. Last October, the YC-backed company acquired Moroccan ledger book Karny.ma.

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TechCrunch

FEBRUARY 1, 2022

But when it comes to being a software engineer or digital skills, you really don’t,” said the CEO. “We It’s a one-year program where students take classes for nine months (three semesters) followed by a three-month internship at local tech companies to gain experience.

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Beth's Blog: How Nonprofits Can Use Social Media

MARCH 31, 2014

and 47% of whom are female, spend a collective 3 billion hours per week on digital games! GlassLab ( [link] ) explores the potential for existing, commercially successful digital games to serve both as potent learning environments and real-time assessments of student learning. Social Impact Through Digital Games. In Education.

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TechCrunch

APRIL 19, 2021

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. In September 2019, it let go of 420 junior engineers across Kenya, Uganda and Nigeria. Then Kenya. Then it became living in Nigeria. Image Credits: Andela.

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TechCrunch

JANUARY 5, 2022

Patients in Ghana, Nigeria, Kenya, Zambia, Malawi, Rwanda and Ethiopia, where mPharma has a presence, now have access to the virtual services. Covid showed us that the best form of care is local, it is in the community, and the closest thing in communities are pharmacies. doctors for every 10,000 people against the best ratio of 84.2

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Tech Soup

APRIL 3, 2017

Los Angeles, California: Digital Inclusion. Saint Paul, Minnesota: Digital Dumpster Fire: Tips to Handle Social and Online PR Problems ( Communications Networking Lunch). Busia, Kenya: NetSquared Kenya and Mozilla — Building for the Future with App Maker. Ouagadougou, Burkina Faso: Monthly Meeting of Local Members.

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TechCrunch

DECEMBER 8, 2021

“We want to encourage a high percentage of capital into regions outside the four main markets (South Africa, Kenya, Egypt and Nigeria) as much as we can. The Impact Rooms team is currently spread across the world with some of its experts in Kenya , Zambia, Ghana, South Africa, Puerto Rico, Australia, US, UK and Switzerland.

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TechCrunch

JANUARY 17, 2022

There are two kinds of restaurants where the majority of our focus is on — the bukkas [local restaurants] and the small restaurants, for instance,” Orda co-founder and CEO Guy Futi told TechCrunch in an interview. With its cloud-based software, Orda wants these businesses not to rely on manual ways of managing their businesses. .

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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 It also provides local and dollar cards and a feature where they can receive remittance free of charge from several countries globally, mainly where most of the Sudanese diaspora reside. million seed round.

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TechCrunch

FEBRUARY 14, 2023

According to a McKinsey report, most African countries have experienced double-digit insurance growth in CAGR in local currency over the last five years, thus positioning the region as the second-fastest growing for insurance globally after Latin America. As many as 2.8% Despite the abysmal number, there’s some good news.

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TechCrunch

AUGUST 26, 2021

When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. PawaPay handles local operations, compliance, regulatory cover and bank accounts, making it simple to receive payments in a new market. It’s literally a no-brainer.

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TechCrunch

OCTOBER 25, 2021

Y Combinator, Hustle Fund, Liquid 2 Ventures, Hack VC and Soma Capital participated, including individual local investors and early backers such as Paga CEO Tayo Oviosu, Remita CEO John Obaro and Magic Fund. . San Francisco-based venture capital firm Global Founders Capital led the seed round.

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