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Senegal’s logistics tech startup Chargel raises $2.5M seed funding

TechCrunch

We realized that there were so many inefficiencies, and that the logistics sector in Senegal was so fragmented, but we felt that technology could help. Chargel, which came out of stealth last year, matches shippers with transporters, digitizing processes that were previously largely offline.

Senegal 97
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Chari, a Moroccan startup digitizing mom and pop stores, raises $5M at $70M valuation

TechCrunch

If there’s a sector that has seen the biggest uptick in the number of startups and venture capital in emerging markets since the start of last year, it has to be the digitization of mom and pop stores. Chari wants to digitize informal retail stores in Morocco and provide credit to them.

Morocco 100
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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

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. Other prominent use cases include AML checks, customer onboarding and fraud prevention. We have product depth in Nigeria already.

Service 145
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Sokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir

TechCrunch

However, the recent entry into Ivory Coast and Senegal somewhat forced its hand. Wasoko allows retailers from Kenya, Tanzania, Rwanda, Uganda, Ivory Coast and Senegal to order products from suppliers via SMS or its mobile app for same-day delivery to their stores and shops via a network of logistics drivers.

Global 94
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Kenya’s HotelOnline acquires hospitality software company HotelPlus

TechCrunch

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. million in shares in HotelOnline, which was valued at $24 million before the deal.

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After initially defying the global slowdown, African startups’ first quarter venture results fall

TechCrunch

Chargel, based in Senegal, recently raised $2.5 That’s thin support for such a large, geographically diverse and increasingly digitally connected area. We know that deals are still getting done in Africa. TechCrunch recently covered a $4 million round for Shuttlers, which we described as a “Nigerian shared mobility company.”

Results 96
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Norebase raises $1M to allow companies start, scale, and operate in any African country

TechCrunch

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.