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TL;DR: Live stream Afghanistan vs. SouthAfrica in the 2025 ICC Champions Trophy for free from anywhere in the world with ExpressVPN. Afghanistan vs. SouthAfrica is the first game from this ultra-competitive group. When is Afghanistan vs. SouthAfrica? This ODI takes place at the National Bank Stadium.
The onset of the pandemic has led to increased demand for digital banking options across customer income groups around the world. We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. This time, a startup from Africa has joined the party. and Philippines.
In SouthAfrica, these businesses contribute around one-third of the country’s GDP. Since launching in 2013, South African fintech Yoco has positioned itself as the go-to platform to access offline payments among merchants in the country. SouthAfrica’s Yoco raises $16 million to boost digital services to small businesses.
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.
The digital banking space in Africa is taking shape as neobanks on the continent grow in numbers like their global counterparts. Venture capital bet from institutional investors in this class of fintechs is massive and in the latest development from Africa, it seems individual investors appetite is increasing likewise.
From Seattle, Washington, to Cape Town, SouthAfrica and everywhere around and between AI is helping conserve the wild plants and animals that make up the intricate web of life on Earth. Featured video courtesy of Conservation X Labs.
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.
Stephen Deng, the co-founder and partner of DFS Lab, a firm that invests in digital commerce startups, serially compared the 2016 Southeast Asia funding landscape to where Africa might be in 2021, at $3 billion. Venture capital investment in Africa predicted to reach a record high this year. billion and $2.8
With a focus on Kenya, Nigeria, SouthAfrica, Mexico and India, selected startups receive £80,000 (~$100,000) in grant capital, six months of support and connections with follow-on investors. However, the selected six startups this year are from Kenya, Nigeria, and SouthAfrica.
In Africa, chartering vessels and processing ocean freight can be challenging. A couple of digital freight companies are tackling this problem, like Nigerian-based MVX. What followed was the launch of MVXtransit, a digital freight booking platform, helping cargo owners find deals on moving containers across Nigeria.
Part of the investment will be used to hire more staff in SouthAfrica and support the commercial expansion to the U.S. CEO Greg Chen founded the company in 2014 came from his 15-year span in the mobile industry, noticing how enterprises in SouthAfrica struggled to target and engage their customers via SMS efficiently.
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.
Bento , Nigeria’s digital payroll and human resource management platform is expanding to Ghana, Kenya and Rwanda with plans to set up operations in six other markets in Africa over the next one year. In its next phase of expansion, Bento is eyeing Egypt, SouthAfrica, Uganda, Tanzania, Angola and Ethiopia by the end of next year.
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.
Insurance lags behind other financial services in the adoption of digital technologies. Granted, a few unicorns have popped up from the modern digital insurance space such as Tractable and Lemonade; however , this sector hasn’t raced to the stage as quickly as say, payments or lending.
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. million in pre-Series A funding.
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
Its platform connects over 6,000 retailers to local and multinational suppliers — such as Namibia Breweries Limited, ABInBev, Bokomo, Coca-Cola, Namibmills — and digitizes orders, payments and logistics. And JABU — profiting from owning its supply chain — is making efforts to digitize its physical cash collection processes via wallets.
According to a statement, the funding presents Naked with an opportunity to improve its AI and use it to grow Africa’s insurance market which is worth over $68 billion in annual gross written premiums. SouthAfrica makes up 70% of this market, with an annual gross written premiums market of over $47 billion.
According to a 2019 report by Deloitte , about 80% of South Africans have a bank account but only 24% of them make more than three transactions monthly. Unlike other African countries, SouthAfrica also has a functioning credit system with the prevalent use of credit cards. for every successful transaction made via Ozow.
Founded by Kiaan Pillay , Natalie Cuthbert , and Priyen Pillay , Stitch wants to provide full API access to financial accounts across Africa starting from its first market, SouthAfrica. With wide and deep investor backing, Stitch will use the funding to consolidate growth in SouthAfrica.
The general perception of insurance on the continent has been bland for years, and its penetration rate, except SouthAfrica, is subpar. Per a McKinsey study in 2018, Africa’s insurance market stood at a 3% penetration rate; with SouthAfrica excluded, it was 1.12%. In the news today is one such company: Casava.
However , ubiquitous access to such care is scant across Sub-Saharan Africa. There is a real opportunity for digital healthcare platforms to scale access to team-based care across the region. The pandemic has seen such platforms scale globally, and Africa is not exempt. As a Sweden-based telehealth company, Doktor.se
Talk360, a leading Voice over Internet Protocol (VoIP) player in Africa, enables people to make international calls through its app for a fee, and it is built in such a way that only the initiator needs the app and internet – a smartphone– to make calls. “In
Our software digitizes the process of those who write things in hand and helps them figure out their inventory management and recipe yields.”. Others include expanding its network of restaurants and continuing its pan-African expansion drive (into SouthAfrica and much later, Ivory Coast).
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.
Before Dash, Boampong was the co-founder of OMG Digital, a YC-backed Ghanaian media startup he started alongside Jesse Ghansah — the current CEO of Float — in 2016. . Today, the unified payments app is announcing that it has raised $32.8 million in an oversubscribed seed round. African tech took center stage in 2021.
Talk360 told TechCrunch, in a past interview, that its decision to be a payment aggregator was informed by the challenges it encountered in implementing digital payment options, which affected the bottom line of its internet calling business. Duplo digitizes payment flows for African B2B enterprises, gets $4.3M seed funding.
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.
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. None of its plans to expand to SouthAfrica and Kenya (countries it expressed interest in during its Series B) has come to fruition yet.
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.”. million in Series A funding. Sim Shagaya’s uLesson African edtech startup raises $3.1M.
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 CEO Jesse Ghansah started the company, formerly known as Swipe, with Barima Effah in 2020, and following its rebrand as Float, went live with its product in June 2021.
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.
Jumo and MNT Halan raised $120 million rounds, as digital payments gateway MFS Africa gained $100 million. It is also poised for greater growth as the adoption of lending, digital payments, banking and insurance services grows. . Deals by stage in Africa over the years. Image Credits: Briter Bridges.
And the SouthAfrica-based crowd-solving startup has done that over the last three years they have been in existence. Zindi is a database of data scientists across Africa. Zindi is all about using AI to solve real world problems for companies and individuals. Photo Credits : Zindi.
Blantern said the Impact Rooms is also using data to help investors make decisions on which countries, industries or startups to invest in – giving an equal opportunity to startups across all markets in Africa. “We Blantern said that the startup has also built a database to provide insights on how investors are making investment decisions.
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.
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, SouthAfrica, Rwanda, Senegal, Togo, Tanzania, Ivory Coast, Egypt, Mauritius and Burkina Faso.
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%.
On the high level, people moving from cash to digital for the very first time causes more fragmentation. In April 2021, Stitch launched its payments product in SouthAfrica and noticed a 50% month-on-month growth in payments volume the following six months. Image Credits: Stitch.
Qwili , a startup that provides a hybrid sales product to micro and small merchants in SouthAfrica, has raised $1.2 Qwili says its target audience are digitally excluded and unbanked customers. During those early stages, the phone wasn’t paying back quickly enough, and there wasn’t high enough adoption of the digital services.
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