Remove Fund Remove Marketing Remove Togo
article thumbnail

Norebase raises $1M to allow companies start, scale, and operate in any African country

TechCrunch

And in trying to sweet-talk investors, what’s not taken into context or often disregarded is that Africa is a fragmented $3 trillion market. Trade has the least startup activity in a market that received $5 billion in VC funding last year. The continent is also home to more than 1.2

Africa 139
article thumbnail

Francophone African super app Gozem grabs $5M to expand and offer more services

TechCrunch

The Togo- and Singapore-based company received investment from AAIC, Thunes (TransferTo), Momentum Ventures (SMRT), Innoport Ventures (Schulte Group), CMC Ventures (National Express) and Liil Ventures (Mobility ADO). The startup kicked off operations in Togo in 2018 as a motorcycle ride-hailing service. Image Credits: Gozem.

Togo 99
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4DX Ventures and Flutterwave back Francophone Africa’s CinetPay in $2.4M round

TechCrunch

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.

article thumbnail

Autochek acquires CoinAfrique to grow its footprint in Francophone Africa

TechCrunch

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.

Africa 86
article thumbnail

MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap

TechCrunch

WaystoCap took its cross-border services to Ivory Coast and Togo, and at some point, was processing over $3 million worth of transactions per quarter. The Maghreb market is new territory for MaxAB and the acquisition positions it as the most funded and largest B2B e-commerce platform for retailers and suppliers.

Morocco 98
article thumbnail

SunCulture wants to turn Africa into the world’s next bread basket, one solar water pump at a time

TechCrunch

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.”

Africa 89
article thumbnail

Ivorian fintech Julaya gets $5M to become banking partner for businesses in Francophone Africa

TechCrunch

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.

Africa 81