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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

TechCrunch

Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. I was blown away by the ubiquity and convenience of mobile money in 2014 when I visited Kenya for the first time. Africa has it different. It’s not a predominantly card continent. It doesn’t aim to replace mobile money or banks.

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M-KOPA raises $75M as it clocks 2 million customers across four African markets

TechCrunch

M-KOPA started with solar-power home systems targeted at lower-income and rural customers without electricity in Kenya, Tanzania and Uganda. Six years ago, it was heavily focused on East Africa, but having pulled out of Tanzania, M-KOPA is present in Kenya, Uganda, Nigeria and Ghana.

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Nigerian blockchain payments startup Bitmama closes $2M pre-seed as it scales to new markets

TechCrunch

Countries such as Nigeria, Kenya and South Africa are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth. Africa is the world’s third fastest-growing crypto market, with crypto adoption increasing by more than 1,200% over the last two years.

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Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort

TechCrunch

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. However, the selected six startups this year are from Kenya, Nigeria, and South Africa. Here are the startups in the 8th cohort.

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BuuPass raises $1.3M to scale mobility sector digitization in Africa

TechCrunch

The public transport sector in Kenya is largely traditional and a majority of operators, especially those in road travel, still require their clients to physically book tickets at their offices even when making advance travel plans. Others do not have provisions for seat reservation.

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Social Media, Networking, and African Women’s Leadership Training in Rwanda

Beth's Blog: How Nonprofits Can Use Social Media

Here’s a few facilitation techniques that I learned from documenting the session. Cheryl lead two “transfer-in” exercises that are essential for a group to get to know each other and build trust. I had an opportunity to meet Ms Kathambi Kinoti from the Young Women’s Leadership Institute in Kenya.

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Kenya’s Lami raises $1.8M to scale API insurance platform across Africa

TechCrunch

Lami Technologies , a startup out of Kenya armed with $1.8 For this reason, CEO Jihan Abass founded the company in 2018 to democratize insurance products in Kenya. We felt that building the technological infrastructure to facilitate the distribution of insurance was the best way to increase the penetration level in Africa.”

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