TechCrunch

DECEMBER 20, 2021

In one development of that theme, today, Taptap Send — one of the startups building tools to manage these money transfers — is announcing $65 million in growth funding as it continues its mission to enable remittances specifically to the most overlooked countries.

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TechCrunch

FEBRUARY 8, 2022

Then, the disparities between venture funding studies were stunningly clear. . Partech Africa covers equity deals in tech and digital spaces and funding rounds higher than $200,000. billion in total estimated funding — $4.65 It’s more than a 250% increase from last year’s total funding of $1.3 billion to $1.5

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TechCrunch

APRIL 26, 2023

As fintech services proliferate across different African markets, the need to have sufficient KYC and identity verification processes in place has intensified amid increasing fraud challenges and more stringent regulatory requirements. We want to add that depth in more markets, and Appruve gives some of that.”

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TechCrunch

APRIL 28, 2023

While traditionally busy markets like North America and Europe benefited from the explosion in capital, other regions with more nascent startup scenes also saw big gains in their ability to attract funding. The Exchange explores startups, markets and money. Chargel, based in Senegal, recently raised $2.5

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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

SEPTEMBER 12, 2022

HotelOnline , a Kenya-based Yanolja-backed travel technology scale-up that fashions itself as an e-commerce and digital marketing enabler in the hospitality industry, has acquired HotelPlus, a software provider with clients in 22 countries. million in shares in HotelOnline, which was valued at $24 million before the deal.

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TechCrunch

MARCH 15, 2021

They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. Next , they request the funds via bank transfer, leading to more incurred costs or use other cross-border money platforms like WorldRemit.

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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. ” Image Credits: PawaPay.

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TechCrunch

JANUARY 25, 2021

Social enterprises like One Acre Fund, startups like Apollo Agriculture, and agribusiness giants like Flour Mills and Export Trading Group are also among Pula’s clients. “With our latest funding, now is the time to break into new ground. Co-CEOs with agricultural backgrounds. million farmers.

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TechCrunch

DECEMBER 8, 2021

million in seed funding. Pan-African venture capital fund 4DX Ventures and unicorn Flutterwave are the investors in the round, and it signifies two particular markers for the pair. ” CinetPay said the seed investment gives it the opportunity to boost its sales and marketing efforts across the markets in West and Central Africa.

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TechCrunch

JUNE 9, 2022

AfricInvest, through its Cathay AfricInvest Innovation Fund (CAIF) and French-based development finance institution Proparco, co-led the early-growth round. In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. There are a lot of impact and mass market players.

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TechCrunch

SEPTEMBER 21, 2022

In Ivory Coast, one of Francophone Africa’s largest mobile money markets, 75% of the population own a mobile money account, compared to 20% who hold bank accounts. European venture capital fund Speedinvest led Julaya’s pre-Series A extension round. Byld Ventures, a $15M fund, backs fintechs in Africa. “I Image Credits: Julaya.

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TechCrunch

JANUARY 21, 2022

Partech Shaker , the innovation division of the Paris-based VC firm Partech , has launched an accelerator program christened Chapter54 to help European startups launch in African markets. Chapter54 will be funded to a tune of $5.7 We are going to help them to reinvent the way they operate their businesses (to enter African markets).”.

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TechCrunch

MARCH 2, 2022

This isn’t an issue in developed markets, as healthcare systems change with the times to adequately provide healthcare when necessary. And in a bid to continue providing affordable and accessible healthcare for its customers in Ivory Coast, Senegal and Cameroon, the Ivorian startup is being backed with $1 million in pre-seed funding.

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TechCrunch

JANUARY 27, 2023

Investors believe the market correction, which caught up with the continent in the second half of 2022, will spiral into this year. But before that, there was shared optimism that African startups would raise more VC funding last year than in 2021 when the continent, for the first time, passed the $4-5 billion threshold.

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TechCrunch

DECEMBER 4, 2020

The company also just closed on $14 million in funding to expand its business across Africa. One is access to markets , which alone is a huge source of food waste, and the other is food security because of a lack of stable growing conditions exacerbated by climate change. We’re growing to be the largest solar company for Africa.”

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TechCrunch

OCTOBER 6, 2021

If there’s a sector that has seen the biggest uptick in the number of startups and venture capital in emerging markets since the start of last year, it has to be the digitization of mom and pop stores. “The more we grow, the more we have funding. It’s the same process in Tunisia, its second market after Morocco.

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TechCrunch

NOVEMBER 3, 2022

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. Accelerators provide all-round support to early-stage startups, including helping them find product-market fit, funding and access to investors.

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TechCrunch

NOVEMBER 10, 2021

With a presence in six African countries — Nigeria, Ghana, Senegal, Liberia, Kenya and Uganda — Helium Health has signed more than 500 healthcare facilities. If they do, they’re doing it at a price point that’s so high that they’ve already priced out the market in that sense,” Olubusi said to TechCrunch. Helium Health.

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TechCrunch

APRIL 20, 2023

Startups and VC Three former managing directors at Amex Ventures went out on their own to start Vesey Ventures, and now they have closed on their debut fund with $78 million in capital commitments to back early-stage fintech startups. million in seed funding , Annie writes. Mary Ann has more on their journey. Catherine has more.

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TechCrunch

SEPTEMBER 7, 2022

And while the pitches are diverse, some concentrations show key ways that a group of vetted entrepreneurs are thinking about the landscape’s shift in light of finicky venture markets, a downturn, and some public market meltdowns. Swizerland, India, Nigeria, Senegal and other geographies. And this batch supports that realization.

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TechCrunch

FEBRUARY 28, 2022

According to the accelerator, six new countries home to these companies are making their appearance for the first time : Algeria, Tunisia, Senegal, Chile, Brazil and Singapore. YC says 16% of the companies in its current list (44 out of 267) are based outside the U.S., compared to its first list, which included just seven non-U.S.

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TechCrunch

SEPTEMBER 30, 2022

Let’s dig into some of the moonshots of the batch and end with some notes from Clayton Bryan , partner and head of 500 Global’s Accelerator Fund. Informal retailers are unlicensed and unregistered retailers that don’t report to tax agencies, typically operating out of open markets and shops. The moonshots.

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TechCrunch

NOVEMBER 21, 2022

Most FTX customers have been unable to withdraw their funds from the platform as the Bahamas-headquartered company goes through bankruptcy proceedings. It was the perfect marketing required to onboard several customers in Africa and challenge Binance , the world’s largest crypto exchange by volume, for market share.

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Candid

NOVEMBER 5, 2021

Launched in partnership with the Ford Foundation , which has committed $3 million in matching funds as part of its America's Cultural Treasures initiative , Southern Cultural Treasures is aimed at fostering lasting stability and resiliency among arts communities across the South.

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Bloomerang

APRIL 2, 2021

We are here to talk about the next wave, what are those emerging trends in nonprofit social media marketing. We’re going to talk about Emerging Trends in Nonprofit Social Media Marketing. I am a former development and marketing director. Peace Corps in Senegal in West Africa. I actually loved marketing.

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TechCrunch

JULY 6, 2022

Automotive e-commerce company Autochek has expanded to new markets in Africa after acquiring CoinAfrique, a classified ad marketplace, nearly two months after the Nigerian startup acquired Moroccan auto marketplace KIFAL Auto , marking its foray into North Africa. CoinAfrique classifieds ads marketplace is active in 12 Francophone markets.

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TechCrunch

OCTOBER 7, 2021

A region of more than 200 million people using the CFA franc, Francophone Africa is one of the most crypto-friendly markets in Africa. But only a few players are taking advantage of the market, which can make a case as the next frontier for mobile money and investment apps in Africa.

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TechCrunch

MAY 30, 2022

These challenges befall millions of micro-retailers across the continent, and Betastore , a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal. million in pre-series A funding from 500 Global, VestedWorld, and Loyal VC. Betastore has to date raised $3 million in funding.

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TechCrunch

JANUARY 14, 2022

FinDev Canada has injected $13 million into Energy Entrepreneurs Growth Fund ( EEGF ), which invests in early and growth-stage energy startups in sub-Saharan Africa. Part of the funding will go toward increasing access to clean energy for off-grid households and businesses in the region. million mezzanine investment from the fund.

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TechCrunch

APRIL 12, 2021

Other countries with a presence include the Democratic Republic of Congo, Ghana, Gambia, Guinea, Tanzania and Senegal. Before now, Appzone lacked the resources to push into these markets aggressively even though they showed promise. But overall , the company says it has raised $15 million in equity funding.

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TechCrunch

DECEMBER 1, 2021

Costamagna, in a statement, said the funding will help Gozem increase the figure to over 200,000 before 2025. And so the key difference in the market is this. This is where we’ve seen the big opportunities in Francophone as a nice market.”. Three years in, Gozem is now 250-staff strong in its four markets.

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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 This means we are focusing on innovations that are applicable across all markets. AI and Blockchain.

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TechCrunch

AUGUST 18, 2022

million in seed funding. Nigeria-based growth equity fund Aruwa Capital Management led the round with participation from Acumen, Blue Earth Capital, All On, GSMA and other investors. These people find it difficult to feed their families because 40% of their food gets spoilt even before getting to the market.

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TechCrunch

NOVEMBER 28, 2022

London-based venture capital firm Anthemis co-led the growth round alongside crypto-focused fund Dragonfly Capital. Last October, it had 8,000 users from Cameroon, its first market and others including Ivory Coast, Burkina Faso, Mali, Guinea, and Senegal.

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