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mPharma raises $35million in round participated by Tinder co-founder’s JAM fund, Bharti executive

TechCrunch

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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Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

TechCrunch

Also, we work together with government subsidy programs since they’re also interested in protecting their farmers.” Its clientele includes the likes of the World Food Programme and Central Bank of Nigeria as well as the Zambian and Kenyan governments. “With our latest funding, now is the time to break into new ground.

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Nigeria’s Sudo Africa raises $3.7M pre-seed for its card-issuing API platform

TechCrunch

million in pre-seed funding. The fintech landscape, as described by Bakori, is one where while startups create silo interfaces that allow their customers to send or receive funds between themselves, issues always arise when global financial systems come into play. Union54, despite being based in Zambia, has customers across Africa.

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CEO’s Update: Fall 2014

Beneblog: Technology Meets Society

We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation. The Challenge ran for six weeks through December 5th. We did very well, and with the Skoll Foundation’s matching support, each gift to our campaign more than doubled its impact.

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Zenysis raises $13.3M to scale its big data platform for emergencies across Africa, Asia and South America

TechCrunch

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.”. Zenysis currently provides its software to governments and partners in nine countries across Africa, South America and Asia.

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Health tech startup mPharma acquires Vine Pharmacy, enters Uganda

TechCrunch

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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MFS Africa collects $100M to expand its digital payments gateway across the region

TechCrunch

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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