TechCrunch

MARCH 10, 2021

Savannah Fund , a pan-African venture capital firm, today announced a $25 million fund as it looks to back more early-stage startups on the continent. Since launching in 2012, Savannah Fund — led by Mbwana Alliy and Paul Bragiel — has backed more than 30 startups. Mbwana Ally (Managing Partner, Savannah Fund).

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TechCrunch

NOVEMBER 15, 2021

Africa Health Holdings , a healthcare startup running several hospitals, has secured $18 million in a Series A round, funds that will go toward building its “tech-forward healthcare system” across Ghana, Kenya and Nigeria. Delle is a World Economic Forum Young Global Leader, and a Harvard and Oxford graduate.

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TechCrunch

MARCH 15, 2022

Kenya-based fintech company 4G Capital , which provides unsecured credit to micro enterprises, has raised $18.5 million in Series C funding from global private equity firm Lightrock. Fintechs in Africa continue to overshadow all other startups in funding gained. The recent funding round brings to $27.5

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TechCrunch

MARCH 7, 2022

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.

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TechCrunch

NOVEMBER 1, 2021

for instance, costs about $400 in Kenya. Since 2014, Twiga Foods has been using technology to build supply chains in food and retail distribution on the continent, starting with Kenya. This funding comes after the company’s $30 million Series B round — $23.75 The funding will be used to test the concept out.

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TechCrunch

MARCH 16, 2022

It has been a hot sector for investors, and today’s news shows they aren’t slowing down in backing these startups just yet as Sokowatch , one of the major players in the space, announced that it has raised $125 million in Series B funding. So that’s why we’ve rebranded now to Wasoko, meaning ‘people of the market,’” he said.

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TechCrunch

MARCH 21, 2022

A wholesale e-commerce platform based in Kenya, with hubs in the Americas, Asia and Europe, Powered by People , has secured $5 million in seed funding to increase its transaction volume by growing the number of small brands using its B2B online marketplace to reach international buyers.

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TechCrunch

SEPTEMBER 30, 2022

The future of Kenya-based Sky.Garden — an Amazon-style marketplace for third-party merchants to sell electronics, home goods and more — is in the balance after the startup failed to close a round of financing, according to a memo the startup sent out to employees.

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Fast Company Tech

MARCH 18, 2025

Sustainability has also been a driver for development: Bristol City Leap , in the UK, is a citywide decarbonization program that will create hundreds of local green jobs; while Lamu Blue Carbon Project , a blue carbon credit program, will preserve mangrove habitats in coastal Kenya. Ford Motor Co.

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TechCrunch

DECEMBER 30, 2021

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. What’s a record year of funding without some unicorns? From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. billion and $2.8

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TechCrunch

JANUARY 4, 2022

Among the largest beneficiaries of the fintech capital were Opay , which raised $400 million in Series C funding, Flutterwave , which got $170 million in a Series C round, and TymeBank , which raised $180 million in Series B. This amount was also more than double the $1.35

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TechCrunch

SEPTEMBER 15, 2022

However, a change-point is in the offing as insurtechs like the Kenya-based insurtech Turaco introduce new technologies and products that are disrupting the market. Pantone co-founded Turaco with Peter Gross after their stint at MIC Global (Micro-Ensure), a tech-enabled embedded insurance provider.

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TechCrunch

OCTOBER 27, 2021

Union54 , the first Zambian startup backed by Y Combinator, has gotten another major venture capital firm on its term sheet: Tiger Global. San Francisco-based venture capital firm Runa Capital, Ace & Company, Todd & Rahul Angel Fund and Vibe VC participated. Tiger Global declined to comment on the investment.

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TechCrunch

DECEMBER 4, 2022

Kapu , a social commerce startup, coming out of stealth today having raised $8 million seed funding, is hoping to help lessen the burden of buying food for Kenyan consumers, many of whom are grappling with the sky-rocketing food prices. Social commerce platform Tushop set for Kenya growth after raising $3 million pre-seed funding.

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TechCrunch

MARCH 16, 2022

You can count on one hand the number of funds bigger than Tiger Global. billion for its Private Investment Partners 14 fund. From that fund, Tiger Global made more private investments than any other firm last year — about 340 as of late December — roughly one investment per day, according to CB Insights.

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TechCrunch

JANUARY 28, 2021

Catalyst Fund , a global accelerator managed by BFA Global , announced the 8th cohort for its Inclusive Fintech Program today. 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.

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TechCrunch

DECEMBER 15, 2022

Kenya-based MyHealth Africa , an integrated healthcare platform changing how people access medical services, by connecting patients with local and international health specialists and hospitals, is growing its reach in Africa, and plans to further expand in Middle East and South Asia next year.

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TechCrunch

NOVEMBER 3, 2022

Silicon-Valley based VC firm 500 Global and German’s economic development agency Gesellschaft fu?r Fifteen accelerators from key tech hubs, including Uganda, Egypt, Ghana, South Africa, Senegal, Nigeria, Ivory Coast, Kenya, Rwanda, and Tanzania will participate in the program.

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TechCrunch

MARCH 29, 2021

And to further consolidate its Pan-African ambitions, it is planning to open an office in Kenya in the coming months. Europe, Nigeria and Kenya. But besides the funding, Techstars’ backing will be crucial in two ways, according to Yusuf. and Europe), hoping to fill in the gap with senior talent from these places.

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The Next Web

OCTOBER 15, 2012

The main observation of differences between Silicon Valley and emerging tech hubs in the rest of the world is access to early stage seed funding and international press. Paul Bragiel, founder of I/O Ventures launched the Savannah Fund to invest in East african startups. Startups are aiming for a global, not local market.

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TechCrunch

DECEMBER 12, 2022

Individuals or businesses buying furniture in Africa can purchase from local furniture stores or global furniture retailers like IKEA. million in “expansion” funding from Aruwa Capital, a Nigeria-based early-stage growth equity and gender-lens fund. . When Dada launched the platform, its target audience was solely businesses.

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TechCrunch

JANUARY 31, 2022

There are many Robinhood-esque platforms globally because of a growing need to invest in U.S. based Greycroft and Tiger Global co-led the Series A round (it’s the second Tiger Global-led investment announced this month after Ghanaian fintech Float). stocks in different parts of the world. stocks in real-time.

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TechCrunch

JANUARY 5, 2022

The new funding, mPharma co-founder and CEO Gregory Rockson told TechCrunch, will be used to build the startup’s data infrastructure, triple its talent pool over the next three years and support expansion plans in its current and new markets.

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TechCrunch

JULY 25, 2022

Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. One difference between SIV II and the first fund is that it can writer bigger checks. It will also have a tighter geographical focus.

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TechCrunch

FEBRUARY 11, 2021

To understand how much growth has occurred, African startups raised a meagre $400 million in 2015 compared to the $2 billion that came into the continent in 2019, according to Africa-focused fund Partech Africa. Investments did pick up, and from July, VC funding on the continent had a bullish run until December. billion and $1.8

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TechCrunch

JULY 26, 2021

Voltron will be deploying capital to roughly 30 startups, mostly in pre-seed and seed-stage across Africa, in a bid to “address the severe lack of access to early-stage funding for African tech companies.” So, why do things differently now by creating a fund?

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TechCrunch

JUNE 22, 2022

And according to a new report from Salient Advisory, a global healthcare consulting firm, this is the segment where the most impressive growth has occurred for Africa’s healthcare in the last 12 months. Salient surveyed over 80 companies across Ghana, Kenya, Nigeria, and Uganda, 25% more than the number it tracked in its last report in 2021.

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TechCrunch

MARCH 18, 2021

The firm seems to have found an investor as it announced that The Rise Fund , the global impact investing platform of investment firm TPG , will invest $200 million in its mobile money arm. . The investment will see the mobile money business — Airtel Mobile Commerce BV (AMC BV) — valued at $2.65

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TechCrunch

MAY 4, 2022

Trade has the least startup activity in a market that received $5 billion in VC funding last year. “Providing a framework where people can operate and scale their solutions to several markets at once is incredibly important,” said Onayemi, who also co-founded Future Africa, an Africa-focused VC fund.

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TechCrunch

FEBRUARY 14, 2023

of Africans are insured , which is less than half the global average of 6.3%, making it the least insured continent in the world. It is used by over 100 companies, including banks, fintechs, logistics and e-commerce platforms across eight African markets: Nigeria, Ghana, Kenya, Uganda, Tanzania, Rwanda, Morocco and Egypt.

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TechCrunch

JUNE 7, 2022

The firm co-led the round with Global Ventures, the MENA-focused VC that has backed the likes of Tabby, Helium Health and Paymob. “I Last year, Klasha’s consumer product allowed users in Nigeria, Ghana and Kenya to create virtual cards, fund with their respective currencies and send and receive money. Image Credits: Klasha.

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TechCrunch

JANUARY 17, 2022

Many startups are solving these problems for African SMBs in one form or another, and the demand for their services has seen Ghanaian startup Float pick up a significant round of funding. While Cauris provided debt financing, Tiger Global and JAM Fund, the investment firm of Tinder co-founder Justin Mateen co-led the equity bit.

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TechCrunch

MAY 11, 2022

million in seed funding, months after graduating from Y Combinator. The round also comes a few months after the startup raised $360,000 in pre-seed investment last November, bringing its total funding to $3.1 The global figure for this occurrence stands at $1 trillion. Kenya, the U.S. million. .

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Have Fun - Do Good

OCTOBER 4, 2011

When I signed up to participate in the Girl Effect Blogging Campaign, I wasn't sure how I would contribute, but when I connected with Carinne Brody at an International Museum of Women event a couple weeks ago, I knew she would be a wonderful person to talk with us about the connection between girls' education and global health.

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TechCrunch

NOVEMBER 9, 2021

million in seed funding, as well as the launch of a cloud-based AI platform — which allows users to build with large language models. . It is looking to expand its team of 33, which is currently spread across nine countries, including Ghana, Nigeria and Kenya. Ohio-based startup Mantium has today announced closing $12.75

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TechCrunch

OCTOBER 25, 2021

San Francisco-based venture capital firm Global Founders Capital led the seed round. 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. .

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TechCrunch

MARCH 15, 2021

That might be a thing of the past for some businesses as African payments company Flutterwave today is announcing a collaboration with PayPal to allow PayPal customers globally to pay African merchants through its ‘Pay with PayPal’ feature. Going by this partnership, we can expect the majority of them to be global plays.

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