TechCrunch

MARCH 8, 2022

The region happens to be one of the fastest-growing globally; nevertheless, over 200 million people in East Africa do not have access to a bank account or mobile money. Anglophone East Africa is home to over 400 million people, with half under 25.

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TechCrunch

AUGUST 6, 2021

Zambia joins that list today, and its entrant, Union54 , is a worthy first entry. Zazu was launched in 2015 as a challenger bank in Zambia. More than 40 African startups from a handful of countries have gone through YC over the past decade. The startup claims to be Africa’s first card-issuing API and only just launched this year.

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TechCrunch

APRIL 27, 2022

One of the largest solar companies in Africa and Asia, Sun King , has raised $260 million in series D funding to deliver off-grid energy technologies to more people across the two continents. Part of the funding will be used to expand the business’ presence. Sun King has previously raised $170 million in equity and debt funding.

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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. KlashaCart.

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TechCrunch

AUGUST 26, 2021

Today, the company is announcing that it has closed $9 million in seed funding to scale its operational presence, recruit talent and expand into new markets. based fund 88mph co-led the round with China-based MSA Capital, with participation from Zagadat Capital, Kepple Ventures and Vunani Capital. He also sits on the board of 88mph.

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TechCrunch

DECEMBER 8, 2021

We want to encourage capital into African women-led businesses, and to support a high number of existing local and global investors to invest more capital in this market,” Impact Room CEO and founder Blantern told TechCrunch. Impact Rooms is backed by US-based investment group Global Blockchain Ventures (GBV).

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TechCrunch

DECEMBER 20, 2021

Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. on 2020, as parts of the global economy started to claw back growth after a tough 2020 due to Covid-19.

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TechCrunch

JULY 19, 2022

based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. The investment from Visa came as one of the incentives for Bloom’s participation in the global card scheme’s Fintech Fast Track Program. This investment is coming after the startup’s undisclosed pre-seed round last year.

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TechCrunch

NOVEMBER 8, 2021

JUMO , a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. So far, JUMO has served loans worth over $3.5

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TechCrunch

DECEMBER 4, 2020

And as pressure mounts to find new crop land to support the growth, the world’s eyes are increasingly turning to the African continent as the next potential global bread basket. The company also just closed on $14 million in funding to expand its business across Africa. We’re growing to be the largest solar company for Africa.”

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TechCrunch

NOVEMBER 10, 2021

Private equity fund AfricInvest FIVE co-led the Series C round with existing investors Goodwell Investments and LUN Partners Group. New investors CommerzVentures, Allan Gray Ventures, Endeavor Catalyst and Endeavor Harvest also joined the round , while ShoreCap III returned as an existing investor with other funds.

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TechCrunch

OCTOBER 11, 2021

Founded in 2013 by Rockson , Daniel Shoukimas and James Finucane , mPharma is one of the well-funded startups across Africa raising over $50 million since inception, this includes a Series C round of $17 million, led by UK’s development arm CDC Group, it received last year. We currently have five centers open.

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TechCrunch

OCTOBER 26, 2021

mPharma disclosed to TechCrunch that it has acquired a 55 percent stake previously held by the Abraaj Group, a private equity firm that collapsed after investors, including the Bill and Melinda Gates Foundation, sounded an alarm over the administration of its $1 billion healthcare fund. s development finance institution, last year.

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TechCrunch

MARCH 2, 2022

This next stage of growth comes against the backdrop of a recent $4 million seed funding from several investors. “We Already, CBDCs are taking off in Africa, with Zambia and Kenya being the latest countries to test their viability. Emtech has now moved into production following the successful pilot in Ghana last year.

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TechCrunch

DECEMBER 14, 2021

Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepening internet penetration.

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TechCrunch

JUNE 22, 2022

The financing was led by the Steele Foundation for Hope , a nonprofit organization that says it’s focused on finding and funding lasting solutions for some of “humanity’s hardest challenges.”. They receive financial help and support from external partners and organizations like the Global Fund, USAID and Gavi, the Vaccine Alliance.

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Saleforce Nonprofit

DECEMBER 1, 2022

Governments were slowly waking up to the emergency, creating organizations like the Global Fund, one of the largest global health partnerships on the planet, but companies were still fast asleep. At that time, (RED) spoke at length about investments in global health systems, the importance of antiretroviral drugs, and so on.

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TechCrunch

APRIL 18, 2022

Which makes me laugh, as dual-class shares that many VCs either back, or at least help fund amongst hot startups, are similar in that they are also designed to prevent changes of control. Finally, it seems that some private-market investors are not stoked about poison pills, a defensive setup by public companies to prevent a hostile takeover.

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Have Fun - Do Good

JUNE 19, 2009

After meeting her at the Global Engagement Summer last spring, I knew I wanted to grab her for an interview before she became too famous. He ended up running for about 1,500 miles all the way to Zambia, arriving with nothing but the clothes on his back, about 90 pounds, and showing up at a refugee camp where he knew nobody.

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TechCrunch

AUGUST 31, 2021

“This is the largest batch we have ever funded and it’s about 50% international. Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one. Africa has the lowest insurance penetrations globally. Union54 (Zambia).

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Tableau

JUNE 13, 2021

Global Head of the Tableau Foundation. But it is also evidence of a changing data culture within governments and evolving relationships with public and private funders of global health programs around the world. . “A Neal Myrick. Kristin Adderson. June 13, 2021 - 5:55pm. June 13, 2021.

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TechCrunch

JUNE 29, 2022

By the end of the one-year venture building program, the startups should have launched a product, onboarded, and had repeat customers, have a defined revenue model, and have raised or are in the process of closing seed funding. “We The venture studio is planning on building a fund that will target startups in the growth stage. “We

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TechCrunch

FEBRUARY 21, 2022

million in seed funding. The mix of positives such as a fast-growing population–the youngest globally–, solid smartphone penetration, increasing crypto adoption, and negatives like low GDP per capita across board and unemployment makes Africa the next ripe ground for web3.

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Tableau

JUNE 13, 2021

Global Head of the Tableau Foundation. But it is also evidence of a changing data culture within governments and evolving relationships with public and private funders of global health programs around the world. . “A Neal Myrick. Kristin Adderson. June 13, 2021 - 5:55pm. June 13, 2021.

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